Talon Capital Corp. Announces Pricing of $225 Million Initial Public Offering
Globenewswire·2025-09-08 23:12

Group 1 - The Company, Talon Capital Corp., announced the pricing of its initial public offering (IPO) of 22,500,000 units at a price of $10.00 per unit, expected to be listed on Nasdaq under the ticker symbol "TLNCU" starting September 9, 2025 [1] - Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on September 10, 2025, subject to customary closing conditions [1] Group 2 - The Company was formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination, focusing on target businesses in the energy and power industries [2] - Cohen & Company Capital Markets is acting as the lead book-running manager for the IPO, with underwriters granted a 45-day option to purchase up to 3,375,000 additional units to cover over-allotments [3] Group 3 - A registration statement relating to the securities became effective on September 8, 2025, and the public offering is being made only by means of a prospectus [4][5]

Talon Capital Corp. Announces Pricing of $225 Million Initial Public Offering - Reportify