London, United Kingdom, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Daedalus Special Acquisition Corp. (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Co-Chief Executive Officers Husnu Akin Babayigit and Orkun Kilic, today announced the closing of its upsized pricing of its initial public offering of 25,000,000 units, which includes 2,500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option, a ...

Core Points - Daedalus Special Acquisition Corp. has announced the upsized pricing of its initial public offering (IPO) of 22,500,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-fourth of a redeemable warrant [1] - The offering is expected to close on December 10, 2025, subject to customary closing conditions, and BTIG, LLC is acting as the sole book-running manager for the offering [2] - The company is a special purpose acquisition company (SPAC) focused on building a diversified portfolio of profitable AI-powered consumer applications [5] Offering Details - Each whole warrant will allow the holder to purchase one Class A ordinary share at $11.50 per share, and the units are expected to trade on Nasdaq under the ticker symbol "DSACU" starting December 9, 2025 [1] - The underwriter has a 45-day option to purchase up to an additional 3,375,000 units at the IPO price to cover over-allotments [2] Regulatory Information - A registration statement for the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on December 8, 2025, and the offering is being made only by means of a prospectus [3]