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EVOLUTION GLOBAL ACQUISITION CORP Announces Pricing of Upsized $210 Million Initial Public Offering
Globenewswireยท2025-11-10 23:19

Group 1 - The Company, Evolution Global Acquisition Corp, has priced its initial public offering (IPO) at $10.00 per unit, raising a total of $210 million by offering 21,000,000 units after upsizing from the original 17,500,000 units [1] - The units will be listed on Nasdaq under the ticker symbol "EVOXU" starting November 11, 2025, and will consist of one Class A ordinary share and one-half of a redeemable warrant [1] - The offering is expected to close on November 12, 2025, subject to customary closing conditions [1] Group 2 - The Company is a special purpose acquisition company (SPAC) led by Stephen Silver and Ashley Zumwalt-Forbes, focusing on mergers and acquisitions, particularly in the critical minerals sector [2] - The Company aims to target businesses that own, operate, or are developing assets in the critical minerals sector, which are essential for the economic and national security interests of the United States [2] Group 3 - Cohen & Company Capital Markets is acting as the book-running manager and lead underwriter for the offering, with a 45-day option granted to purchase an additional 3,000,000 units to cover over-allotments [3]