Siddhi Acquisition Corp. Announces Pricing of Upsized $240 Million Initial Public Offering

Core Points - Siddhi Acquisition Corp. has priced its upsized initial public offering (IPO) of 24,000,000 units at $10.00 per unit, with trading on Nasdaq starting April 1, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon a business combination [1] - The offering includes a 45-day option for the underwriter to purchase an additional 3,600,000 units to cover over-allotments [2] - The IPO is expected to close on April 2, 2025, subject to customary closing conditions [3] Company Overview - Siddhi Acquisition Corp. is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination [4] - The company aims to identify high-growth businesses positioned to leverage major secular trends and is well-suited for public markets [4]