8i Enterprises Acquisition Corp. Announces that Ordinary Shares, Warrants and Rights to Commence Separate Trading on or about May 16, 2019

NEW YORK,May 16,2019 -- 8i Enterprises Acquisition Corp. ("the Company" or "8i") (NASDAQ: JFKKU),a blank check company formed for the purpose of entering into a merger,share exchange,asset acquisition,stock purchase,reorganization or similar business combination with one or more businesses,today announced that holders of the Company's units may elect to separately trade the ordinary shares,warrants and rights included in its units commencing on or about May 16,2019.

The ordinary shares,warrants and rights will trade on the NASDAQ Capital Market ("NASDAQ") under the symbols JFK,JFKKW and JFKKR,respectively. Units not separated will continue to trade on NASDAQ under the symbol JFKKU. After separation,the ordinary shares,warrants and rights may be recombined to create units.

About 8i Enterprises Acquisitions Corp

8i Enterprises Acquisition Corp. is a British Virgin Islands company incorporated as a blank check company for the purpose of entering into a merger,share purchase,recapitalization,reorganization or similar business combination with one or more businesses or entities. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region,although the Company intends to focus on targets located in Asia.

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements,including the successful consummation of the Company's initial public offering,are subject to risks and uncertainties,which could cause actual results to differ from the forward looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events,conditions or circumstances on which any statement is based.

For more information,please contact:

At the Company:

William Yap,CFA

Chief Financial Officer

Email: ir@8icorp.com

Phone: +65 6788-0388

Investor Relations:

Tony Tian,CFA

Weitian Group LLC

Email: ttian@weitianco.com

Phone: +1 732-910-9692