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Infinite Eagle Acquisition Corp., Led by Eagle Equity Partners' Harry Sloan, Jeff Sagansky and Eli Baker, Announces Completion of $300 million IPO
Globenewswire· 2026-01-20 21:38
Core Viewpoint - Infinite Eagle Acquisition Corp. has successfully closed its initial public offering (IPO) of 30,000,000 units at a price of $10.00 per unit, with each unit comprising one Class A ordinary share and one Eagle Share Right to receive 1/25th of a Class A ordinary share upon a business combination [2][3]. Group 1: Company Overview - Infinite Eagle Acquisition Corp. is a blank check company aimed at executing mergers, share exchanges, asset acquisitions, or similar business combinations with various businesses across different industries and regions [3]. - The management team, including Harry Sloan, Jeff Sagansky, and Eli Baker, intends to leverage their global relationships and operational experience to identify suitable business combination targets [3][4]. Group 2: IPO Details - The IPO involved the issuance of 30,000,000 units, with a total amount of $300 million raised (30 million units x $10.00 per unit) [2]. - Goldman Sachs & Co. LLC served as the underwriter for the offering and has been granted a 45-day option to purchase an additional 4,500,000 units to cover over-allotments [5]. - The units are listed on the Nasdaq Global Market under the ticker symbol "IEAGU," with Class A ordinary shares and Eagle Share Rights expected to trade under "IEAG" and "IEAGR," respectively, after separate trading begins [2].
Infinite Eagle Acquisition Corp., Led by Eagle Equity Partners' Harry Sloan, Jeff Sagansky and Eli Baker, Announces Pricing of $300 million IPO
Globenewswire· 2026-01-16 02:33
Core Viewpoint - Infinite Eagle Acquisition Corp. has announced the pricing of its initial public offering (IPO) of 30,000,000 units at $10.00 per unit, with no warrants issued in connection with this offering [2][3]. Group 1: Offering Details - Each unit consists of one Class A ordinary share and one Eagle Share Right to receive 1/25th of a Class A ordinary share upon the completion of an initial business combination [2]. - The offering is expected to close on January 20, 2026, and the units will be listed on the Nasdaq Global Market under the ticker symbol "IEAGU" starting January 16, 2026 [2][3]. - An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering [2]. Group 2: Company Structure and Management - Infinite Eagle Acquisition Corp. is a blank check company aiming to effect a merger, share exchange, asset acquisition, or similar business combination with one or more businesses across various industries and regions [3]. - The company is sponsored by Eagle Equity Partners VI, LLC, with key management including Harry Sloan and Jeff Sagansky as Co-Chairmen, and Eli Baker as CEO [4]. - Ryan O'Connor serves as the Chief Financial Officer, having previously held the same position at Bold Eagle Acquisition Corp. [4]. Group 3: Underwriting and Regulatory Information - Goldman Sachs & Co. LLC is acting as the underwriter for the offering, with a 45-day option to purchase an additional 4,500,000 units to cover over-allotments [5]. - A registration statement for these securities was declared effective by the U.S. Securities and Exchange Commission on January 15, 2026 [7].
Infinite Eagle Acquisition Corp., Led by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky and Eli Baker, Announces Pricing of $300 million IPO
Globenewswire· 2026-01-16 02:33
Core Viewpoint - Infinite Eagle Acquisition Corp. has announced the pricing of its initial public offering (IPO) of 30,000,000 units at $10.00 per unit, with no warrants issued in connection with the offering [2][3]. Company Overview - Infinite Eagle Acquisition Corp. is a blank check company aimed at executing mergers, share exchanges, asset acquisitions, or similar business combinations with various businesses across different industries and regions [3]. - The management team, including Harry Sloan, Jeff Sagansky, and Eli Baker, intends to leverage their global relationships and operational experience to identify suitable business combination targets [3][4]. IPO Details - The IPO consists of 30,000,000 units, each comprising one Class A ordinary share and one Eagle Share Right to receive 1/25th of a Class A ordinary share upon the completion of a business combination [2]. - The units will be listed on the Nasdaq Global Market under the ticker symbol "IEAGU" starting January 16, 2026, with separate trading expected for Class A ordinary shares and Eagle Share Rights under the symbols "IEAG" and "IEAGR," respectively [2]. - An amount equal to $10.00 per unit will be deposited into a trust account upon closing, with the offering expected to close on January 20, 2026 [2]. Underwriting and Additional Options - Goldman Sachs & Co. LLC is serving as the underwriter for the offering, with a 45-day option granted to purchase up to an additional 4,500,000 units at the IPO price to cover over-allotments [5].