Axiom Intelligence Acquisition Corp 1 Announces Completion of $200 Million Initial Public Offering

Group 1 - Axiom Intelligence Acquisition Corp 1 closed its initial public offering (IPO) of 20,000,000 units, raising gross proceeds of $200,000,000 at a price of $10.00 per unit [1] - The units began trading on the Nasdaq Global Market under the symbol "AXINU" on June 18, 2025, with each unit consisting of one Class A ordinary share and one right to receive one tenth of a Class A ordinary share upon the completion of a business combination [2] - The company is a blank check company focused on pursuing a merger or business combination, primarily targeting the European infrastructure industry [3] Group 2 - The management team includes Richard Dodd as Executive Chairman, Douglas Ward as CEO, and other key executives and independent directors [3] - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, with Seaport Global Securities LLC as a joint book-runner [4] - A registration statement for the offering was declared effective by the Securities and Exchange Commission on June 17, 2025 [5]