Corporate ActionMay 18, 2026, 05:41 PM
Aeon Acquisition I Corp. Amends S-1 for IPO of 12.5M Units at $10.00
AI Summary
Aeon Acquisition I Corp. filed Amendment No. 1 to its Form S-1 registration statement for its initial public offering. The company is offering 12,500,000 units at $10.00 per unit, with each unit comprising one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of a Class A ordinary share. The offering aims to raise $125,000,000, which will be deposited into a trust account, and includes an over-allotment option for underwriters. The filing also details the sponsor's founder shares and private placement securities, which will result in material dilution for public shareholders.
Key Highlights
- Amendment No. 1 to Form S-1 filed for an initial public offering.
- Offering 12,500,000 units at $10.00 per unit, totaling $125,000,000.
- Each unit includes one Class A ordinary share, one redeemable warrant, and one right for 1/4 Class A share.
- Underwriters have a 45-day option to purchase up to an additional 1,875,000 units.
- $125,000,000 (or $143,750,000 with over-allotment) will be deposited into a trust account.
- Sponsor acquired 6,160,715 founder shares for an aggregate purchase price of $25,000.
- Sponsor to purchase 262,500 private placement units and 590,625 restricted Class A shares for $2,625,000.
- Public shareholders will experience material dilution from founder shares and private placement securities.
Price Impact
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