AI Infrastructure Acquisition Corp (NYSE: AIIA) closed an upsized initial public offering on October 6, 2025, selling 13,800,000 units at $10.00 per unit including full exercise of the underwriters' over‑allotment option, raising $138,000,000 which was placed in trust.
Each unit comprises one Class A ordinary share and one right (each right = 1/5 of a share upon consummation of an initial business combination). Units began trading on the NYSE on October 3, 2025 under the symbol AIIA U; Class A shares and rights are expected to trade as AIIA and AIIA R once separated. Maxim Group served as sole book‑running manager.
AI Infrastructure Acquisition Corp (NYSE: AIIA) ha chiuso un'offerta pubblica iniziale upsized il 6 ottobre 2025, vendendo 13.800.000 unità a 10,00 dollari per unità, inclusa l'esercizio completo dell'opzione di over‑allotment da parte degli underwriters, raccogliendo 138.000.000 di dollari che sono stati messi in trust. Ogni unità è costituita da una azione ordinaria di Classe A e un diritto (ogni diritto = 1/5 di azione al completamento di una combinazione aziendale iniziale). Le unità hanno iniziato a essere negoziate alla NYSE il 3 ottobre 2025 con il simbolo AIIA U; si prevede che le azioni Classe A e i diritti vengano negoziati come AIIA e AIIA R una volta separati. Maxim Group ha funguto da sole book‑running manager.
AI Infrastructure Acquisition Corp (NYSE: AIIA) cerró una oferta pública inicial ampliada el 6 de octubre de 2025, vendiendo 13.800.000 unidades a 10,00 dólares por unidad, incluyendo el ejercicio total de la opción de sobreasignación de los underwriters, recaudando 138.000.000 de dólares que se colocaron en un fideicomiso. Cada unidad comprende una acción ordinaria de Clase A y un derecho (cada derecho equivale a 1/5 de una acción al completarse una combinación empresarial inicial). Las unidades comenzaron a cotizar en la NYSE el 3 de octubre de 2025 bajo el símbolo AIIA U; se espera que las acciones Clase A y los derechos se negocien como AIIA y AIIA R una vez separados. Maxim Group ejerció como único book-running manager.
AI Infrastructure Acquisition Corp (NYSE: AIIA) 는 2025년 10월 6일 상향된 기업공개를 마감했으며, 주당 10.00달러에 13,800,000 유닛을 매각하여 주관사의 초과배정옵션 전액이 행사되었고, 총 138,000,000달러를 모아 트러스트에 예치했습니다. 각 유닛은 Class A 일반주 하나와 하나의 권리로 구성되며(권리 1개는 초기 비즈니스 조합 체결 시 주식의 1/5에 해당). 유닛은 2025년 10월 3일 NYSE에서 AIIA U 기호로 거래를 시작했고, 분리되면 Class A 주식과 권리가 각각 AIIA와 AIIA R로 거래될 예정입니다. Maxim Group이 단독 북런닝 매니저로 역할했습니다.
AI Infrastructure Acquisition Corp (NYSE: AIIA) a clôturé une offre publique initiale surélevée le 6 octobre 2025, en vendant 13 800 000 unités à 10,00 USD l’unité, y compris l’exercice total de l’option de surallocation des souscripteurs, soit 138 000 000 USD mis en fiducie. Chaque unité comprend une action ordinaire de classe A et un droit (chaque droit équivaut à 1/5 d’une action à l’issue d’une combinaison d’affaires initiale). Les unités ont commencé à être négociées à la NYSE le 3 octobre 2025 sous le symbole AIIA U; les actions de classe A et les droits devraient être négociés sous les noms AIIA et AIIA R une fois séparés. Maxim Group a agi en qualité de seul book‑running manager.
AI Infrastructure Acquisition Corp (NYSE: AIIA) hat am 6. Oktober 2025 eine vergrößerte Erstnotierung abgeschlossen, indem 13.800.000 Stück zu 10,00 USD pro Stück verkauft wurden, einschließlich der vollständigen Ausübung der Überzeichnungsoption der Underwriter, wodurch 138.000.000 USD in einen Treuhandfonds eingezahlt wurden. Jede Einheit besteht aus einer Class A-Aktie und einem Recht (jedes Recht entspricht 1/5 einer Aktie bei Abschluss einer ersten Unternehmenszusammenführung). Die Einheiten begannen am 3. Oktober 2025 an der NYSE mit dem Symbol AIIA U zu handeln; Class A-Aktien und Rechte sollen nach der Trennung voraussichtlich als AIIA und AIIA R gehandelt werden. Maxim Group fungierte als alleiniger Book-Running-Manager.
أغلقت شركة AI Infrastructure Acquisition Corp (بورصة نيويورك: AIIA) طرحاً عاماً أولياً موسعاً في 6 أكتوبر 2025، ببيع 13,800,000 وحدة بسعر 10.00 دولار للوحدة بما في ذلك تمكين كامل خيار التخصيص الزائد من قبل المكتتبين، وجمع 138,000,000 دولار ووضعها في الثقة. تتكوّن كل وحدة من سهم عادي من الفئة A وحق واحد (كل حق يعادل 1/5 من سهم عند إكمال دمج تجاري أولي). بدأت وحدات التداول في بورصة نيويورك في 3 أكتوبر 2025 تحت الرمز AIIA U؛ من المتوقع أن تُتداول أسهم الفئة A والحقوق كـ AIIA و AIIA R بمجرد الفصل. قامت Maxim Group بدور المدير الوحيد لإدارة دفتر الطلبات.
AI Infrastructure Acquisition Corp (NYSE: AIIA) 于 2025 年 10 月 6 日完成扩大型首次公开发行，按每单位 10.00 美元出售 13,800,000 单位，包括承销商超额配售权的全部行使，募集金额 1.38 亿美元已存入信托。每单位包含一股 A 类普通股和一个权利（每个权利在完成首次商业合并时等于 1/5 股）。单位于 2025 年 10 月 3 日在NYSE 开始交易，代码为 AIIA U；分拆后，A 类股票和权利预计将分别以 AIIA 和 AIIA R 进行交易。Maxim Group 担任唯一的账簿管理人。
Positive
Offering raised $138,000,000 placed in trust
Sold 13,800,000 units at $10.00 per unit
Full exercise of underwriters' over‑allotment option
Units began trading on NYSE on Oct 3, 2025 as AIIA U
Sponsor is minority‑owned subsidiary of Jet.AI (NASDAQ: JTAI)
Negative
None.
Insights
Closed upsized IPO placing $138,000,000 in trust; units to list on NYSE and rights convert on a business combination.
The company completed an upsized public offering of 13,800,000 units at $10.00 per unit, with full exercise of the over‑allotment, and placed $138,000,000 of proceeds in trust. Each unit contains one Class A ordinary share and one right that converts to one‑fifth of a share upon consummation of the initial business combination, and trading began on the NYSE under the unit symbol.
Key dependencies and risks include the successful identification and consummation of an initial business combination and the eventual separate listing of the underlying Class A shares and rights. The filing of an audited balance sheet on Form 8‑K and the separate listings under the expected symbols provide concrete near‑term milestones to confirm proceeds and market structure.
Watch for the Form 8‑K exhibit showing the audited balance sheet and for filings that announce a definitive target or transaction; those items will materially change the company’s profile once disclosed. The timeline for a business combination and any announced target will be the primary horizon for assessing impact.
Las Vegas, NV, Oct. 06, 2025 (GLOBE NEWSWIRE) -- AI Infrastructure Acquisition Corp. (the “Company”), a newly organized blank check company incorporated as a Cayman Islands exempted company and led by Chief Executive Officer Michael Winston, today announced the closing of its upsized initial public offering of 13,800,000 units, which included the full exercise of the underwriters' over-allotment option, at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share of the Company and one right. Each right entitles the holder to receive one-fifth (1/5) of one Class A ordinary share upon consummation of the Company’s initial business combination. The Company's units commenced trading on the New York Stock Exchange ("NYSE") on October 3, 2025 under the symbol "AIIA U." Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on the NYSE under the symbols "AIIA" and "AIIA R," respectively. AIIA Sponsor Ltd., a Cayman Islands ordinary resident company, limited by shares, is a minority-owned subsidiary of Jet.AI Inc. (NASDAQ: JTAI). Jet.AI Inc. is a publicly listed, pure-play artificial intelligence (“AI”) data center company operating aviation-specific AI software located in Las Vegas, Nevada.
Maxim Group LLC acted as sole book-running manager for the offering.
Dykema Gossett PLLC served as legal counsel to the Company and Loeb & Loeb LLP served as legal counsel to Maxim Group LLC in the offering.
Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of units, $138,000,000 (or $10.00 per unit sold in the public offering) was placed in trust. An audited balance sheet of the Company as of October 6, 2025 reflecting receipt of the proceeds upon consummation of the initial public offering and the private placement will be included as an exhibit to a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission (the "SEC").
A registration statement relating to the securities to be sold in the initial public offering was declared effective by the SEC on September 30, 2025. The offering was made only by means of a prospectus. Copies of the prospectus related to this offering may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, New York 10022, at (212) 895-3500, or by visiting EDGAR on 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.
About AI Infrastructure Acquisition Corp.
AI Infrastructure Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, organized under the laws of the Cayman Islands and 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. The Company is led by Michael Winston, its CEO and George Murnane, its CFO.
About Jet.AI Inc.
Founded in 2018 and based in Las Vegas, NV, Jet.AI Inc. (NASDAQ: JTAI) currently operates in two segments, Software and Aviation, and is transitioning to a pure-play AI data center company. Leveraging a leadership team with deep expertise in data center development and AI-driven technologies, Jet.AI Inc. intends to build a scalable, high-performance infrastructure to support the increasing computational demands of artificial intelligence. Its suite of AI-powered tools stems from its origin as an aviation company, and leverages natural language processing technologies to enhance efficiency, optimize operations, and streamline the private jet booking experience.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. 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 registration statement and related prospectus filed in connection with the offering 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
Michael Winston Chief Executive Officer (702) 747-4000 mike@jet.ai
FAQ
How many units did AIIA sell in its IPO and at what price?
AIIA sold 13,800,000 units at $10.00 per unit in the IPO.
How much money did AIIA raise and where were the proceeds placed?
The offering raised $138,000,000 and the proceeds were placed in trust.
When did AIIA units begin trading on the NYSE and under which symbol?
AIIA units began trading on the NYSE on October 3, 2025 under the symbol AIIA U.
What does each AIIA unit include and what are the rights convertible into?
Each unit includes one Class A ordinary share and one right; each right entitles the holder to 1/5 of one Class A ordinary share upon a completed initial business combination.
Who acted as book‑running manager for AIIA's IPO?
Maxim Group LLC served as the sole book‑running manager.
Who is AIIA's sponsor and what is its connection to Jet.AI (JTAI)?
AIIA Sponsor Ltd is a minority‑owned Cayman subsidiary of Jet.AI (NASDAQ: JTAI).
An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, to receive support.
