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Abony Acquisition Corp. I Prices $200M Initial Public Offering Of 20M Units At $10/Unit

Benzinga Newsdesk 8 months ago

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Abony Acquisition Corp. I (the "Company") today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to commence trading on February 19, 2026

Abony Acquisition Corp. I (the "Company") today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to commence trading on February 19, 2026 on the Global Market tier of The Nasdaq Stock Market LLC ("Nasdaq") under the ticker symbol "AACOU."

Each unit sold in the offering consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.  Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "AACO" and "AACOW," respectively. The offering is expected to close on February 20, 2026, subject to customary closing conditions.

Abony Acquisition Corp. I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any industry or geographic region, it intends to focus on companies that have an aggregate enterprise value of approximately $750 million to $1.5 billion or more, that complement the Company's management team's background in defense technology, advanced computing, software and media industry sectors.

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