Bowen Acquisition Corp announced its initial public offering (IPO) and subsequent private placement, with a total of 6,330,000 units sold at $10 per unit, achieving $63,300,000 in gross proceeds. An additional 900,000 units were sold through an over-allotment option, generating $9 million more, and 31,500 Private Placement Units yielded an additional $315,000. As of July 18, 2023, there is a total deposit of $69,690,000 in the trust account related to the IPO.