Proficient Alpha PAACU = 1C, 1W, 1R

Lion Hong Kong

Warrant - 1 + $11.50. Call 18.

About 400,000 left in float after redemptions and before rights shares are issued. Not sure how losing closing will take.

If Proficient does not complete the Business Combination with Lion or another business combination by June 3, 2020(or up until December 3, 2020 if Proficient extends the period of time to consummate a business combination by the full amount of time as further described in this proxy statement/prospectus), Proficient must redeem 100% of the outstanding Public Shares, at a per-share price, payable in cash, equal to an amount then held in the Trust Account (currently anticipated to be approximately $10.185).

April 27, 2020 (the “Record Date”) 

​On the Record Date (defined below), the redemption price per share was approximately $10.185

 in the Trust Account of approximately $117.13 million as of the Record Date

NOTICE IS HEREBY GIVEN that a special meeting of the stockholders of Proficient Alpha Acquisition Corp., a Nevada corporation (“Proficient”), will be held on June 3, 2020, at 10:00 a.m., Eastern Time (the “Special Meeting”). Due to the public health impact of the COVID-19 outbreak and to support the health and well-being of Proficient stockholders and other meeting participants, the Special Meeting will be held in a virtual meeting format setting only. You can participate in the Special Meeting, vote, and submit questions via live webcast by visiting with the password of PAAC2020! and entering the voter control number included on your proxy card. 

 -----------closing conditions to the Business Combination,.......(v) Proficient having at least $5,000,001-----no other cash required?

10,000,000 Units. 

Term - 12 months extendable to 18 at $0.10 per 3-mo period.

Warrant - 1 + $11.50. Call 18.

Focus - China, Hong Kong - Financial.

No previous spacs. 

I-Bankers, Earlybird.

Our executive offices are located at 40 Wall St., 29th floor, New York City, NY 10005 and our telephone number is (917) 289-0932

American Stock Transfer & Trust Company, as warrant agent

IPO date 5/30/2019

 Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although we intend to focus on companies which provide financial services in Asia, primarily China and Hong Kong