Westin Acquisition Corp Announces Closing of $57.5 Million Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option

Core Points - Westin Acquisition Corp has successfully closed its initial public offering (IPO) of 5,750,000 units at a price of $10.00 per unit, including the full exercise of the underwriters' over-allotment option for an additional 750,000 units [1][2] Group 1: IPO Details - The units are listed on The Nasdaq Capital Market under the ticker symbol "WSTNU" and began trading on November 4, 2025 [2] - Each unit consists of one Class A ordinary share and one right to receive one-sixth (1/6) of one Class A ordinary share upon the consummation of an initial business combination [1] - A.G.P./Alliance Global Partners acted as the sole book-running manager for the offering [2] Group 2: Legal and Regulatory Information - A registration statement on Form S-1 was filed with the SEC and became effective on October 29, 2025 [4] - The offering was made only by means of a prospectus forming part of the effective registration statement [4] - Legal counsel for the Company was provided by Celine and Partners, P.L.L.C., while Loeb & Loeb LLP served as legal counsel to A.G.P./Alliance Global Partners [3] Group 3: Company Overview - Westin Acquisition Corp is a blank check company incorporated in the Cayman Islands, aiming to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination [6] - The Company intends to conduct a global search for target businesses, focusing on North America, South America, Europe, or Asia [6] - The Company is led by CEO Mr. Kok Peng Na and CFO Mr. Stanney Patrick Majawit [6]