XFLH Capital Corp. (Ticker: XFLHU US) is a Cayman Islands-incorporated blank check company focusing on middle-market growth businesses in Asia, with a specific interest in the People’s Republic of China. XFLH Capital plans to list on the NYSE on February 12, 2026, offering 10 million units at $10.00 per unit to raise $100 million. Reportedly, the company debuts with a market capitalization of approximately $138.88 million.

Led by CEO Yanzhe Yang and CFO Tianshi Yang, the company seeks to partner with a target entity possessing an enterprise value between $200 million and $400 million. Management has indicated they will not pursue targets audited by firms the PCAOB cannot inspect. XFLH Capital plans to use the IPO proceeds to effect a merger, share exchange, asset acquisition, or similar business combination. According to filings, the offering size was increased from an original proposal of 6 million units. Maxim Group acts as the lead manager for the offering. Each unit consists of one ordinary share and one right to receive one-seventh of an ordinary share upon the closing of a business combination.