Corporate ActionJun 25, 2026, 05:22 PM
Aeon Acquisition I Corp. Completes IPO, Raises $143.75M
AI Summary
Aeon Acquisition I Corp. announced the successful completion of its Initial Public Offering (IPO) on June 4, 2026, selling 12,500,000 units for $125,000,000. The underwriters subsequently fully exercised their over-allotment option on June 5, 2026, purchasing an additional 1,875,000 units for $18,750,000. Following these transactions, a total of $143,750,000 from the net proceeds of the IPO and a private placement was deposited into a trust account for the benefit of shareholders as of June 8, 2026. The company also filed an audited balance sheet as of June 8, 2026.
Key Highlights
- Initial Public Offering (IPO) of 12,500,000 units completed on June 4, 2026, generating $125,000,000 gross proceeds.
- Underwriters fully exercised over-allotment option for 1,875,000 additional units, generating $18,750,000.
- Aggregate of 14,375,000 units sold for the IPO, totaling $143,750,000 in gross proceeds.
- A total of $143,750,000 from IPO net proceeds and private placement deposited into a trust account as of June 8, 2026.
- Audited balance sheet as of June 8, 2026, included as Exhibit 99.1.
- Company had $895,000 in cash and $494,930 in working capital as of June 8, 2026.
- Deferred underwriting fee of $4,312,500 recorded as a liability.
Price Impact
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