FAQ

Capital A International (CAPI) is a global brand management platform, specializing in the expansion, management and licensing of the AirAsia brand, which aims to capitalize AirAsia's brand value through additional licensing. It will implement its proven strategy to promote and accelerate the expansion of its IP portfolio, combining brand strategy, creative marketing and IP development to further accrue Asean brands to effectively position them and establish cultural relevance among consumers.

Aetherium Acquisition Corp. is a blank check company, led by Jonathan Chan, the Company’s Chairman of the Board and CEO, and Alex Lee, the Company’s CFO, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It pursues cutting-edge technology-driven businesses that push the limits of innovation, develops and enhances these enterprises by capitalizing on their worth and introducing them to the U.S. capital markets.

This is a coming-of-age moment for Capital A, which has morphed from AirAsia into a low-cost, value driven aviation and travel services group in five entities, namely aviation, aviation services, logistics Teleport, digital platform AirAsia MOVE and Capital A International, which is the first of our entities to come to the public market in the U.S. The U.S. exposure and access to the world’s largest capital market would help Capital A accelerate the delivery of its strategy, broaden the shareholder base, while significantly raising its global profile.

Capital A International plans to build long-term value by investing in its platform, talent and capabilities to set its brands apart and create cultural relevance among consumers, driving further business performance. Long-term growth opportunities include expanding the AirAsia brand by strengthening its brand equity in the travel sector and scaling across new industries, categories and geographies either in-house or through joint ventures, while continuing to develop other brands within the Group portfolio (e.g. MOVE, Teleport, ADE, Santan) to monetize through licensing potential. Capital A International also plans to develop character IP and create value through partnerships and merchandising, and acquire and develop other Asean-based brands and bring these brands to a new global customer base.

The transaction is subject to closing conditions, such as the approval of both Aetherium and Capital A shareholders, as well as other customary conditions. We expect the transaction to close in the second half of 2024.

Capital A International believes the U.S. market has more understanding of brand values, and a much bigger appetite and appreciation for brand marketing. A U.S. listing helps to widen Capital A International’s business by highlighting all the brands in its platform. A U.S. listing also grants entry to the world's most extensive and liquid capital markets, enhancing the company's international credibility and visibility while creating value for our shareholders. The listing is expected to widen its investor base and provide it with greater analyst coverage.

The SPAC route is undoubtedly the fastest way to list the company and allows it access to the capital markets with an established streamline process and quicker market entry. With the new SPAC regulations in place, Capital A International can be benchmarked against its global peers and set a new standard for this listing route with its meaningful foundation of revenues already in place, setting the stage for continued rapid growth based on a steady income stream from the licensing revenues of its existing portfolio of businesses.

Upon completion of the listing of Capital A International, its parent Capital A is expected to own about 40% of the combined business with the rest of the shareholders being existing shareholders of the SPAC and new investors from the global investment community.

Asean is among the world’s fastest-growing economies, on track to becoming the world’s fourth largest economy by 2030. With its thriving economic landscape with a population of over 680 million people, Asean is a region full of growth potential and possibilities. Its burgeoning middle-income population provides a breeding ground for new consumer markets and economic opportunities. In addition, recent explosive popularity of Asia-based media, entertainment and lifestyle brands proves that global audiences have a strong appetite for brands originating in Asia.

The transaction is subject to closing conditions, including the approval of holders of a majority of the outstanding shares of Aetherium Acquisition Corp., and other customary conditions. The investor materials and more information about the business combination can be found on both its website and documents filed with the SEC on Form 8K. The shareholder meeting and vote date will be announced in due course.