Group 1 - Cambridge Acquisition Corp. has successfully closed its initial public offering (IPO) of 23,000,000 units, raising gross proceeds of $230,000,000 at an offering price of $10.00 per unit [1] - The units began trading on the Nasdaq under the ticker symbol "CAQUU" on February 6, 2026, with each unit consisting of one Class A ordinary share and one-third of one redeemable warrant [2] - BTIG, LLC served as the sole book-running manager for the offering, and the registration statement for the securities was declared effective by the SEC on January 30, 2026 [3] Group 2 - Cambridge Acquisition Corp. is classified as a blank check company or special purpose acquisition company (SPAC), aimed at executing a business combination with one or more businesses [5]
Cambridge Acquisition Corp. Announces Closing of $230 Million Initial Public Offering