Units (consisting of one Class A ordinary share and one right)
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White Pearl Acquisition Corp. Announces Closing of $115 Million Initial Public Offering
Prnewswire· 2026-02-03 22:39
Core Viewpoint - White Pearl Acquisition Corp. has successfully closed its initial public offering (IPO) of 11,500,000 units at a price of $10.00 per unit, which includes an over-allotment of 1,500,000 units, and the units began trading on the NYSE under the ticker symbol "WPACU" on February 2, 2026 [1]. Company Overview - White Pearl Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses [5]. - The company intends to focus on businesses in the financial technology (FinTech), information technology (InfoTech), and business services sectors [5]. Offering Details - The IPO consisted of 11,500,000 units, with each unit comprising one Class A ordinary share and one right, where each right entitles the holder to receive one-fifth (1/5) of one Class A ordinary share upon the completion of the initial business combination [1]. - The offering was made under a registration statement declared effective by the U.S. Securities and Exchange Commission (SEC) on January 30, 2026 [3].
Newbridge Acquisition Limited Announces Closing of $57.5 Million Initial Public Offering
Globenewswire· 2026-02-02 21:15
Company Overview - Newbridge Acquisition Limited is a blank check company incorporated in the British Virgin Islands, aiming to engage in mergers, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations, or similar business combinations with various businesses or entities [6] IPO Details - The company closed its initial public offering (IPO) of 5,750,000 units, which includes 750,000 units from the underwriters' over-allotment option [1] - Each unit consists of one Class A ordinary share and one right, with each right entitling the holder to receive one-eighth (1/8) of a Class A ordinary share upon the completion of an initial business combination [1] - The offering was priced at $10.00 per unit, resulting in total gross proceeds of $57,500,000 for the company [1] Trading Information - The units began trading on the NASDAQ Capital Market under the ticker symbol "NBRGU" on January 30, 2026 [2] - Once the securities within the units start separate trading, the Class A ordinary shares and rights are expected to be listed under the ticker symbols "NBRG" and "NBRGR," respectively [2] Management and Legal Counsel - Kingswood Capital Partners, LLC acted as the sole book running manager for the offering [3] - Loeb & Loeb LLP served as legal counsel to the company, while Greenberg Traurig, LLP provided legal counsel to Kingswood Capital Partners, LLC [3] Regulatory Filings - A registration statement on Form S-1 was filed with the SEC and became effective on September 30, 2025, with a post-effective amendment declared effective on December 18, 2025 [4] - A final prospectus related to the offering is available on the SEC's website [4]
McKinley Acquisition Corp Announces Full Exercise of Over-Allotment Option in connection with its Initial Public Offering
Globenewswire· 2025-08-19 16:47
Group 1 - McKinley Acquisition Corporation closed its initial public offering of 15,000,000 units, with an additional 2,250,000 units issued due to the underwriter's over-allotment option, resulting in total gross proceeds of $172,250,000 priced at $10.00 per unit [1][3] - The units began trading on Nasdaq under the symbol "MKLYU" on August 13, 2025, with each unit consisting of one Class A ordinary share and one right, where each right entitles the holder to receive one-tenth of a Class A ordinary share upon the initial business combination [2] - A total of $172,500,000 from the offering proceeds was placed in trust, reflecting the amount raised from the public offering [3] Group 2 - Clear Street LLC served as the sole book-running manager for the offering, while Brookline Capital Markets acted as co-manager [4]