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Corporate ActionJun 9, 2026, 06:01 AM

Aeon Acquisition I Corp. Completes IPO and Private Placement for $146.4M

AI Summary

Aeon Acquisition I Corp. announced the successful completion of its initial public offering (IPO) and a concurrent private placement. The IPO involved the sale of 14,375,000 units at $10.00 per unit, generating gross proceeds of $143,750,000. Additionally, a private placement raised $2,625,000. The company also entered into various material definitive agreements related to the IPO, including an Underwriting Agreement and a Warrant Agreement.

Key Highlights

  • Aeon Acquisition I Corp. completed its IPO of 12,500,000 units at $10.00 per unit, raising $125,000,000.
  • Underwriters fully exercised their over-allotment option, purchasing an additional 1,875,000 units for $18,750,000.
  • Total units sold in the IPO and over-allotment reached 14,375,000.
  • A private placement of 262,500 units and 590,625 ordinary shares raised an additional $2,625,000.
  • Gross proceeds from the IPO and private placement totaled $143,750,000.
  • Approximately $143,750,000 of net proceeds were deposited into a trust account.
  • The company entered into several material definitive agreements, including an Underwriting Agreement and a Warrant Agreement.