Wen Acquisition Corp Completes $300,150,000 Initial Public Offering

Company Overview - Wen Acquisition Corp has successfully closed its initial public offering (IPO) of 30,015,000 units, including 3,915,000 units from the underwriters' over-allotment option, generating gross proceeds of $300,150,000 at a price of $10.00 per unit [1] - The units began trading on May 16, 2025, on Nasdaq under the ticker symbol "WENNU," with each unit comprising one Class A ordinary share and one-half of a redeemable warrant [1] Business Focus - The Company is a blank check entity aimed at executing mergers, amalgamations, share exchanges, asset acquisitions, and similar business combinations across various industries [2] - The primary focus is on infrastructure companies within the financial technology (fintech) sector, particularly those enabling digital assets like stablecoins through blockchain integration into traditional financial systems [2] Management Team - The management team is led by Julian M. Sevillano as CEO and Chairman, with Jurgen van de Vyver serving as CFO [3] - The Board of Directors includes Josh Fried and Sheraz Shere as Co-Vice Chairmen, along with Drew Glover [3] Regulatory Compliance - A registration statement for the securities was declared effective by the U.S. Securities and Exchange Commission (SEC) on May 15, 2025 [4]