NEW YORK--(BUSINESS WIRE)--CM Seven Star Acquisition Corporation, (NASDAQ:CMSSU) announced the pricing of its initial public offering of 18,000,000 units at an offering price of $10.00 per unit, before underwriting discounts and commissions. Each unit consists of one ordinary share, one-half of a redeemable warrant and one right. Each whole redeemable warrant entitles the holder thereof to purchase one ordinary share at an exercise price of $11.50 per share. Each ten rights entitle the holder thereof to receive one ordinary share at the closing of a business combination. In addition, the Company has granted to the underwriters a 45-day option to purchase up to an additional 2,700,000 units at the initial public offering price per unit, before underwriting discounts and commission.