We are a blank check company incorporated in the British Virgin Islands on November 2, 2020 as a business company with limited liability (meaning that our public shareholders have no liability, as shareholders of our company, for the liabilities of our company over and above the amount paid for their shares). We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location. We do not have any specific business combination under consideration and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction. Additionally, we have not engaged or retained any agent or other representative to identify or locate any suitable acquisition candidate, to conduct any research or take any measures, directly or indirectly, to locate or contact a target business. Our objectives are to generate compelling attractive returns for our shareholders and to enhance value through top line growth and hands on operational improvement for our potential target companies. We believe our management team’s personnel, network and relationships combined with their unique and diversified experiences in investing, operating and transforming businesses will uniquely position them to identify and execute attractive business combination opportunities. Our efforts to identify a prospective target business will not be limited to any particular industry or geographic region, although we intend to capitalize on the management team’s network and focus our search on target businesses operating in the Greater China, Japan and Southeast Asia regions, focusing on the gaming and e-commerce sector. According to Newzoo, a global provider for games market insights and analytics, the global games market is estimated to be worth $189.3 billion in 2021 with 2.8 billion gamers, and will exceed $200 billion by the end of 2023. Even during the Covid-19 pandemic and associated economic downturn, the gaming industry has proven to be resilient. With many seeking to fill their time and finding a way to escape, they are spending more money and time on gaming. In the United States, for the month of December 2020, consumer spending across video games hardware, content and accessories reached a record of $7.7 billion, 25% higher than the previous year. Our principal executive office is located at 6/F Unit B, Central 88, 88-98 Des Voeux Road Central, Hong Kong.

Ace Global Business Acquisition Ltd

We are a blank check company incorporated in the British Virgin Islands on November 2, 2020 as a business company with limited liability (meaning that our public shareholders have no liability, as shareholders of our company, for the liabilities of our company over and above the amount paid for their shares). Our principal executive office is located at 6/F Unit B, Central 88, 88-98 Des Voeux Road Central, Hong Kong.

Ace Global Business Acquisition Ltd (ACBA) : Buy or Sell