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FIGX Capital Acquisition Corp. Announces the Pricing of $131,000,000 Initial Public Offering
Globenewswire· 2025-06-26 23:00
Group 1 - The Company, FIGX Capital Acquisition Corp., announced the pricing of its initial public offering (IPO) of 13,100,000 units, expected to trade on Nasdaq under the ticker symbol "FIGXU" starting June 27, 2025 [1] - Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at $11.50 per share [1] - The offering is expected to close on June 30, 2025, and includes a 45-day option for underwriters to purchase an additional 1,965,000 units to cover over-allotments [1] Group 2 - The Company is a blank check company formed to effect mergers, amalgamations, share exchanges, asset acquisitions, and similar business combinations, primarily focusing on the financial industry group (FIG Sector) [2] - The Company aims to identify differentiated private wealth/asset managers that can evolve into multi-asset fund managers with diversified distribution channels and global market presence [2] Group 3 - The management team includes Lou Gerken as CEO and Chairman, Jide James Zeitlin as Vice Chairman, and Mike Rollins as CFO, with additional board members [3] - Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering [3]
Digital Asset Acquisition Corp. Announces Closing of $172.5 Million Initial Public Offering Including Full Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2025-04-30 17:45
Group 1 - Digital Asset Acquisition Corp. closed its initial public offering (IPO) of 17,250,000 units at a public offering price of $10.00 per unit, including 2,250,000 units from the underwriters' over-allotment option [1][2] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The company also closed a private placement of 5,450,000 warrants at $1.00 per warrant, generating gross proceeds of $5,450,000, with a total of $172,500,000 placed in trust from the IPO and private placement [3] Group 2 - Digital Asset Acquisition Corp. is a blank check company aimed at effecting a merger or similar business combination, specifically targeting opportunities in the digital asset and cryptocurrency sectors [4] - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, while Clear Street LLC served as the joint book-runner [5]