Schiff Hardin Advises I-Bankers Securities as Underwriter in $115M IPO

Schiff Hardin LLP advised I-Bankers Securities, Inc. as managing underwriter in Proficient Alpha Acquisition Corp.’s initial public offering of 10 million shares, raising $100 million with an over-allotment option of $15 million.

The offering closed on June 3. Proficient Alpha Acquisition Corp., a blank check company, is targeting a financial services company in Asia, primarily China.

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