Core Viewpoint - Infinite Eagle Acquisition Corp. has successfully closed its initial public offering (IPO) of 30,000,000 units at a price of $10.00 per unit, with each unit comprising one Class A ordinary share and one Eagle Share Right to receive 1/25th of a Class A ordinary share upon a business combination [2][3]. Group 1: Company Overview - Infinite Eagle Acquisition Corp. is a blank check company aimed at executing mergers, share exchanges, asset acquisitions, or similar business combinations with various businesses across different industries and regions [3]. - The management team, including Harry Sloan, Jeff Sagansky, and Eli Baker, intends to leverage their global relationships and operational experience to identify suitable business combination targets [3][4]. Group 2: IPO Details - The IPO involved the issuance of 30,000,000 units, with a total amount of $300 million raised (30 million units x $10.00 per unit) [2]. - Goldman Sachs & Co. LLC served as the underwriter for the offering and has been granted a 45-day option to purchase an additional 4,500,000 units to cover over-allotments [5]. - The units are listed on the Nasdaq Global Market under the ticker symbol "IEAGU," with Class A ordinary shares and Eagle Share Rights expected to trade under "IEAG" and "IEAGR," respectively, after separate trading begins [2].
Infinite Eagle Acquisition Corp., Led by Eagle Equity Partners' Harry Sloan, Jeff Sagansky and Eli Baker, Announces Completion of $300 million IPO