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JunHe Advises Able View on its Nasdaq Listing Through De-SPAC

2023.08.23

On August 17, 2023, Able View Global Inc. (“Able View”) and Hainan Manaslu Acquisition Corp. (“HMAC”) announced the completion of their business combination. Able View was then listed on the Nasdaq with the ticker symbol ABLV through a de-SPAC transaction.


Able View is a leading cross-border brand management company focusing on beauty and personal care segments. It encompasses all aspects of the brand management value chain, covering marketing strategies, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics and warehouse and fulfillment, to help global brands enter, grow and succeed in China.


JunHe acted as the PRC legal counsel to Able View and provided it with whole-process legal services, including conducting PRC legal due diligence on the company, reviewing and revising the business combination agreement and IPO application documents, and preparing responses to feedback from the SEC. JunHe’s team conducted in-depth research on whether it was necessary to register with the CSRC and drew a negative conclusion. JunHe’s team assisted Able View in communicating with the Cybersecurity Review Office on whether the company was subject to a cybersecurity review, helped review the company’s application documents and provided it with advice on the cybersecurity review. 


With its consistent delivery of efficient and rigorous legal services and professional expertise, JunHe’s team was highly recognized and trusted by the client. 


The project was primarily undertaken by JunHe partners SHAO, Chunyang, ZHENG, Ziwei, DONG, Xiao (Marissa) and LIU, Yang

JunHe is the only Chinese law firm to be admitted as a member of Lex Mundi and Multilaw, two international networks of independent law firms. JunHe and selected top law firms in major European and Asian jurisdictions are “best friends.” Through these connections, we provide high quality legal services to clients doing business throughout the world.
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by JunHe and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.