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Abony Acquisition Corp. I Announces Closing of $230 Million Initial Public Offering Including Exercise of Underwriter’s Over-Allotment Option in Full
Globenewswire· 2026-02-20 21:20
Core Viewpoint - Abony Acquisition Corp. I successfully closed its initial public offering (IPO) of 23,000,000 units at a price of $10.00 per unit, including an over-allotment of 3,000,000 units, with each unit comprising one Class A ordinary share and one-third of a redeemable warrant [1][2] Group 1: IPO Details - The units began trading on the Nasdaq under the ticker symbol "AACOU" on February 19, 2026, with plans for separate trading of Class A ordinary shares and warrants under the symbols "AACO" and "AACOW" respectively [2] - The IPO generated gross proceeds of $230,000,000, which was placed in trust, with each unit sold in the public offering priced at $10.00 [3][4] Group 2: Private Placement - Concurrently, the company closed a private placement of 695,000 units at $10.00 per unit, resulting in gross proceeds of $6,950,000, with Abony Sponsor I LLC purchasing 465,000 units and BTIG, LLC purchasing 230,000 units [3] - Each private placement unit also consists of one Class A ordinary share and one-third of a redeemable warrant, similar to the public offering [3] Group 3: Business Strategy - Abony Acquisition Corp. I is a blank check company aiming to effect a business combination with one or more businesses, focusing on targets with an enterprise value of approximately $750 million to $1.5 billion, particularly in sectors like defense technology, advanced computing, software, and media [5]
Abony Acquisition Corp. I Announces Closing of $230 Million Initial Public Offering Including Exercise of Underwriter's Over-Allotment Option in Full
Globenewswire· 2026-02-20 21:20
AUSTIN, TX, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Abony Acquisition Corp. I (Nasdaq: AACOU) (the “Company”) today announced the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriter of its over-allotment option in full, at a public offering price of $10.00 per unit. Each unit sold in the offering consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase on ...
Transocean Ltd. (RIG) M&A Call Transcript
Seeking Alpha· 2026-02-11 13:42
Core Viewpoint - The conference call discusses the strategic combination of Transocean and Valaris, highlighting the potential benefits and synergies of the merger [3][4]. Group 1: Company Overview - Transocean's leadership includes President and CEO Keelan Adamson and Vice President and Treasurer David Keddington [1]. - Valaris is represented by President and CEO Anton Dibowitz [1]. Group 2: Transaction Details - The call is focused on the merger between Transocean and Valaris, with additional information available in the investor presentation on both companies' websites [3]. - The transaction is expected to create a stronger combined entity in the offshore drilling sector [3]. Group 3: Conference Call Structure - The call includes prepared remarks followed by a Q&A session, allowing for interaction with analysts and investors [4]. - The operator notes that the call is being recorded for future reference [2].
Space Asset Acquisition Corp. Announces Closing of $230 Million Initial Public Offering Including Exercise of Underwriters' Over-Allotment Option in Full
Globenewswire· 2026-01-29 21:15
Core Viewpoint - Space Asset Acquisition Corp. successfully closed its initial public offering (IPO) of 23,000,000 units at a price of $10.00 per unit, including an over-allotment of 3,000,000 units, with each unit comprising one Class A ordinary share and one-third of a redeemable warrant [1][3] Group 1: IPO Details - The units began trading on Nasdaq under the ticker symbol "SAAQU" on January 28, 2026, with plans for separate trading of Class A ordinary shares and warrants under the symbols "SAAQ" and "SAAQW" respectively [2] - The IPO generated gross proceeds of $230,000,000, which was placed in trust, with each unit sold in the public offering priced at $10.00 [3] Group 2: Private Placement - Concurrently with the IPO, the company closed a private placement of 645,000 units at the same price of $10.00 per unit, resulting in gross proceeds of $6,450,000 [3] - Space Asset Acquisition Sponsor LLC purchased 415,000 of the private placement units, while BTIG, LLC acquired 230,000 units, with each unit consisting of one Class A ordinary share and one-third of a redeemable warrant [3] Group 3: Company Purpose - Space Asset Acquisition Corp. is a blank check company aimed at executing mergers, share exchanges, asset acquisitions, or similar business combinations, primarily targeting opportunities in the global space economy, including technology and defense sectors [4]
Muzero Acquisition Corp(MUZEU) - Prospectus(update)
2026-01-28 02:55
As filed with the U.S. Securities and Exchange Commission on January 27, 2026. Registration No. 333-291923 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________________________ Muzero Acquisition Corp (Exact name of registrant as specified in its charter) ___________________________________________ | Cayman Islands | 6770 | 98-1892892 | ...
Legato Merger Corp. IV Announces Closing of $230,000,000 Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option
Globenewswire· 2026-01-26 21:00
Core Viewpoint - Legato Merger Corp. IV successfully closed its initial public offering, raising $230 million through the sale of 23 million units at $10.00 per unit, including an over-allotment option [1][4]. Group 1: IPO Details - The offering consisted of 23,000,000 units, with gross proceeds amounting to $230,000,000 [1]. - Each unit includes one ordinary share and one-third of a redeemable warrant, with the whole warrant allowing the purchase of one ordinary share for $11.50 [2]. - The units are listed on the NYSE American under the ticker symbol "LEGO U" [2]. Group 2: Company Purpose and Focus - Legato Merger Corp. IV is incorporated in the Cayman Islands and aims to engage in mergers, acquisitions, and similar business combinations [3]. - The company plans to focus on target businesses in the infrastructure, industrial, artificial intelligence, and technology sectors [3]. Group 3: Use of Proceeds - The entire gross proceeds of $230,000,000 from the IPO and a simultaneous private placement will be placed in trust and used for the company's initial business combination [4].
Mountain Lake Acquisition(MLAAU) - Prospectus(update)
2026-01-21 02:46
As filed with the U.S. Securities and Exchange Commission on January 20, 2026. Registration No. 333-291833 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________ AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________ Mountain Lake Acquisition Corp. II (Exact name of registrant as specified in its charter) ___________________ | (State or other jurisdiction of | | --- | | incorporation or organization) | Cayman Islands 6770 ...
What's Going On With U.S. Bancorp Stock Tuesday? - U.S. Bancorp (NYSE:USB)
Benzinga· 2026-01-20 14:46
Core Viewpoint - U.S. Bancorp reported strong fourth-quarter results for 2025, with adjusted earnings per share exceeding analyst expectations, but the stock price fell due to market reactions [1] Financial Performance - Adjusted earnings per share for Q4 2025 were $1.26, surpassing the consensus estimate of $1.19 - Quarterly sales reached $7.337 billion, exceeding the expected $7.308 billion [1] - Net income increased by 23.0% year over year to $2.045 billion [3] - The provision for credit losses was $577 million, up from $571 million in Q3 2025 and $560 million in Q4 2024, driven by loan portfolio growth [1][2] Key Metrics - Return on tangible common equity rose to 18.4%, and return on average assets increased to 1.19% - The efficiency ratio improved to 57.4% compared to Q4 2024 - Net interest margin increased to 2.77%, up 6 basis points year over year [3] - Average deposits rose to $515.1 billion from $511.8 billion in Q3 2025, while average total loans increased to $384.3 billion from $379.2 billion [4] Strategic Developments - U.S. Bancorp signed a definitive agreement to acquire BTIG, LLC, enhancing its investment banking and trading capabilities, with the deal expected to close in Q2 2026 pending regulatory approvals [6] - The company completed a cross-border stablecoin pilot, indicating readiness for future compliant commercial offerings [6] Outlook - U.S. Bancorp forecasts fiscal 2026 revenue between $29.85 billion and $30.42 billion, slightly above Wall Street expectations of $30.04 billion [7] - The company remains committed to its strategic priorities and medium-term targets to drive sustainable EPS growth and industry-leading returns [7] Stock Performance - U.S. Bancorp shares fell by 3.25% to $52.63 during premarket trading, approaching a 52-week high of $56.19 [8]
RJF to Buy Clark Capital to Strengthen Asset Management Business
ZACKS· 2026-01-16 17:10
Core Insights - Raymond James Financial, Inc. (RJF) has agreed to acquire Clark Capital Management Group, which manages over $46 billion in discretionary and non-discretionary assets, with the deal expected to close by Q3 2026, pending regulatory approvals [1][8] Company Overview - Clark Capital, founded in 1986, is known for its wealth-oriented investment solutions, focusing on multi-asset-class strategies and proprietary model portfolios, primarily targeting high-net-worth clients through financial advisors [2] Deal Structure and Implications - Post-acquisition, Clark Capital will retain its brand and operate as a separate boutique investment manager within Raymond James Investment Management, maintaining its leadership team and service model [3] - The acquisition is aligned with RJF's long-term strategy to enhance its asset management footprint and broaden investment solutions for financial advisors and their clients [4] Strategic Growth - RJF has a history of expanding its operations through acquisitions, including a majority interest in GreensLedge Holdings in October 2025 and entering the private credit business in fiscal 2024 [5][6] - The acquisition of Clark Capital is expected to strengthen RJF's multi-boutique platform and enhance advisor-focused solutions [8] Market Performance - Over the past three months, RJF's shares have increased by 6.2%, compared to a 9.5% growth in the industry [7]
Daedalus Special Acquisition(DSACU) - Prospectus(update)
2025-11-24 22:16
As filed with the U.S. Securities and Exchange Commission on November 24, 2025. Registration No. 333-290165 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Daedalus Special Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organizat ...