Abony Acquisition Corp. I Announces Pricing of $200 Million Initial Public Offering

Rhea-AI Summary

Abony Acquisition Corp. I (NASDAQ:AACO) priced a $200 million initial public offering of 20,000,000 units at $10.00 per unit, expected to begin trading as AACOU on February 19, 2026 and to close on February 20, 2026, subject to customary conditions.

Each unit includes one Class A ordinary share and one-third of a redeemable warrant (whole warrant exercisable at $11.50). The company targets business combinations with enterprise values of approximately $750M–$1.5B+. Underwriters have a 45-day 3,000,000-unit over-allotment option. SEC declared the registration effective on January 30, 2026.

Positive

• IPO raised $200 million via 20,000,000 units
• Units structured with share plus one-third warrant
• Target deal range of $750M–$1.5B enterprise value
• Underwriter over-allotment option of 3,000,000 units

Negative

• Blank check structure leaves post-IPO deal risk for investors
• Warrants exercisable at $11.50, dilutive if exercised

AUSTIN, TX, Feb. 18, 2026 (GLOBE NEWSWIRE) -- 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.

BTIG, LLC is acting as the sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 30, 2026. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from BTIG, LLC, 65 East 55th Street, New York, NY 10022, by email at: ProspectusDelivery@btig.com, or by visiting the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering, the anticipated use of the net proceeds from the offering, and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated, or that the Company will ultimately complete a business combination transaction. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

CONTACT

Lorne Abony
Chief Executive Officer
Abony Acquisition Corp. I
(512) 553-1770
lorne@abonyac.com 

Leo Kofman
Chief Financial Officer and Chief Operating Officer
Abony Acquisition Corp. I
(512) 553-1770
leo@abonyac.com 

FAQ

What did Abony Acquisition Corp. I (AACO) announce about its IPO pricing on February 18, 2026?

They priced a $200 million IPO of 20,000,000 units at $10.00 per unit. According to the company, units are expected to begin trading as AACOU on Nasdaq on February 19, 2026, with closing expected February 20, 2026.

What securities are included in each Abony unit and what are the warrant terms for AACO?

Each unit contains one Class A ordinary share and one-third of a redeemable warrant. According to the company, whole warrants will trade as AACOW and are exercisable to purchase one share at $11.50, subject to adjustments.

When will AACO shares and warrants separately list on Nasdaq after the units split?

Class A shares and warrants are expected to trade separately under AACO and AACOW once separated. According to the company, separate trading is expected after the units begin trading and subject to Nasdaq listing processes.

What size of business combinations will Abony Acquisition Corp. I target post-IPO?

The company intends to focus on targets with enterprise values of approximately $750 million to $1.5 billion or more. According to the company, management’s background centers on defense technology, advanced computing, software and media sectors.

Does the Abony IPO include an overallotment option and when did the SEC declare effectiveness?

Yes. The underwriters have a 45-day option to buy up to an additional 3,000,000 units to cover over-allotments. According to the company, the SEC declared the registration statement effective on January 30, 2026.