Company Overview - Cal Redwood Acquisition Corp. announced the pricing of its initial public offering (IPO) of 20,000,000 units at a price of $10.00 per unit, with trading expected to begin on May 23, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one tenth of a Class A ordinary share upon the consummation of an initial business combination [1] - The offering is expected to close on May 27, 2025, subject to customary closing conditions [1] Business Focus - The Company was formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - While the Company may pursue opportunities in any industry, it expects to focus on the technology, media, and telecommunications (TMT) sector, as well as sectors undergoing technology disruption [2] Underwriting and Additional Units - Cohen & Company Capital Markets is acting as the lead book-running manager, with Seaport Global Securities as the joint book-runner [3] - The Company has granted underwriters a 45-day option to purchase up to 3,000,000 additional units at the IPO price to cover over-allotments [3]