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Viking Acquisition Corp. I Announces Closing of $230 Million Initial Public Offering
Globenewswire· 2025-11-03 21:51
Core Points - Viking Acquisition Corp. I has successfully closed its initial public offering (IPO) of 23,000,000 units at a price of $10.00 per unit, raising gross proceeds of $230 million, which includes an additional 3,000,000 units sold due to the underwriters' over-allotment option [1] - Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The units began trading on the New York Stock Exchange under the ticker symbol "VACI.U" on October 31, 2025, with separate trading expected for Class A ordinary shares and warrants under the symbols "VACI" and "VACI WS" respectively [2] Company Information - Viking Acquisition Corp. I is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, without limitations on industry or geographic region [7] - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, with legal representation provided by DLA-Piper LLP (US) for the company and Ellenoff Grossman & Schole LLP for Cohen [3]
Chenghe Acquisition III Co. Announces Closing of $126.5 Million Initial Public Offering, Including Full Exercise of the Underwriter's Overallotment Option
Globenewswire· 2025-09-18 01:41
Group 1 - Chenghe Acquisition III Co. closed its initial public offering of 12,650,000 units at a price of $10.00 per unit, raising total gross proceeds of $126.5 million [1][2] - The units are listed for trading on the Nasdaq Global Market under the ticker symbol "CHECU," with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant [1][2] - The warrants will be exercisable 30 days after the completion of the Company's initial business combination at a price of $11.50 per share [1] Group 2 - The Company intends to use the net proceeds from the offering and a simultaneous private placement to pursue business combinations with one or more businesses [2][5] - Chenghe Acquisition III Co. is a special purpose acquisition company incorporated in the Cayman Islands, focusing on mergers and acquisitions primarily in Asian markets [5]