China’s Ucommune and Nasdaq-listed Orisun receive $53m backstop investment commitments

China’s Ucommune and Nasdaq-listed Orisun receive $53m backstop investment commitments

Photo: Ucommune website

Nasdaq-listed special purpose acquisition company Orisun Acquisition and China’s biggest shared workspace provider, Ucommune International Ltd, have received $53 million in backstop investment commitments from 14 investors, Orisun announced in a statement on Monday.