Alberton Acquisition Corporation announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit.

The Company's units are expected to be listed on NASDAQ ("NASDAQ") and trade under the ticker symbol "ALACU" beginning tomorrow, October 24, 2018. Each unit consists of one ordinary share, one right to receive one tenth (1/10) of an ordinary share at the closing of a business combination, and one warrant to purchase one half (1/2) share of an ordinary share. Once the securities comprising the units begin separate trading, the ordinary shares, rights, and warrants are expected to be listed on NASDAQ under the symbols "ALAC," "ALACR" and "ALACW," respectively.

The underwriters have been granted a 45-day option to purchase up to an additional 1,500,000 units offered by the Company to cover over-allotments, if any.

The offering is expected to close on October 26, 2018 subject to customary closing conditions.

Chardan is acting as sole book running manager in the offering.

White and Williams LLP acted as counsel to the Company and Loeb & Loeb LLP acted as counsel to the underwriters.

About Alberton Acquisition Corporation

Alberton Acquisition Corporation is a newly organized blank check company 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. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region, but it intends to focus on leading companies in sectors that provide sustainable growth prospect.