FG Imperii Acquisition Corp. Announces Closing of $200 Million Initial Public Offering

Rhea-AI Summary

FG Imperii Acquisition Corp (Nasdaq: FGIIU / FGII / FGIIW) closed its initial public offering on January 20, 2026, raising $200.0 million from the sale of 20,000,000 units at $10.00 per unit. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant; each whole warrant is exercisable at $11.50. The units are listed on the Nasdaq Global Market under FGIIU; once separated, shares will trade as FGII and warrants as FGIIW. The company granted a 45-day option to purchase up to an additional 3,000,000 units to cover over-allotments. Net proceeds, together with simultaneous private placements, are intended to fund the company's initial business combination. ThinkEquity served as sole book-running manager and EarlyBirdCapital served as co-manager.

Positive

• Proceeds of $200.0 million from the IPO
• Underwriter over-allotment option of 3,000,000 units (up to $30.0M)
• Listed on Nasdaq immediately as FGIIU, enabling public trading

Negative

• Newly organized SPAC with no operating business at IPO
• Outstanding warrants exercisable at $11.50 could dilute shareholders if exercised

Key Figures

IPO size: $200 million Units offered: 20,000,000 units Unit price: $10.00 per unit +4 more

7 metrics

IPO size $200 million Initial public offering headline amount

Units offered 20,000,000 units IPO units at $10.00 per unit

Unit price $10.00 per unit Initial public offering price

Warrant exercise price $11.50 per share Exercise price per Class A ordinary share

Over-allotment option 3,000,000 units Underwriter option to purchase additional units

Over-allotment period 45 days Underwriter option exercise window

Unit structure 1 share + 0.5 warrant Each unit: one Class A share and half redeemable warrant

Market Reality Check

normal vol

Market Pulse Summary

This announcement details the completion of a SPAC IPO, including 20,000,000 units at $10.00 per uni...

Analysis

This announcement details the completion of a SPAC IPO, including 20,000,000 units at $10.00 per unit and warrants exercisable at $11.50 per share. Key elements for investors to track after listing include how the company deploys the IPO proceeds toward its initial business combination, any use of the 3,000,000-unit over-allotment option, and subsequent SEC filings that update deal progress and capital structure.

Key Terms

special purpose acquisition company, redeemable warrant, prospectus, registration statement

4 terms

special purpose acquisition company financial

"a newly organized special purpose acquisition company formed as a Cayman"

A special purpose acquisition company (SPAC) is a company formed with the sole purpose of raising money through a public offering to buy or merge with an existing private business. It acts like a vehicle that allows private companies to go public more quickly and with less complexity. For investors, it offers an opportunity to invest early in a potential acquisition, though it also carries risks if the intended deal doesn’t materialize.

redeemable warrant financial

"one Class A ordinary share and one-half of one redeemable warrant"

A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.

prospectus regulatory

"The offering was made only by means of a prospectus."

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

registration statement regulatory

"A registration statement relating to the securities has been filed with"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

AI-generated analysis. Not financial advice.

ITASCA, Ill., Jan. 20, 2026 /PRNewswire/ -- FG Imperii Acquisition Corp. (the "Company"), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering ("IPO") of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share. The units are listed on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "FGIIU". Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants will be traded on Nasdaq under the symbols "FGII" and "FGIIW," respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.

The Company intends to use the net proceeds from the offering, and the simultaneous private placements of units and warrants, to consummate the Company's initial business combination.

ThinkEquity acted as sole book-running manager for the offering and EarlyBirdCapital, Inc. acted as co-manager in the offering.

The Company has granted the underwriter 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.

The offering was made only by means of a prospectus. Copies of the prospectus related to this offering may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004, or by visiting EDGAR on the website of the Securities and Exchange Commission ("SEC") at www.sec.gov.

A registration statement relating to the securities has been filed with, and declared effective by, the SEC. 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 FG Imperii Acquisition Corp.

FG Imperii Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While FG Imperii Acquisition Corp. will not limit its search for a target company to any particular business segment, FG Imperii Acquisition Corp. intends to focus its search for a target business in the financial services industry in North America.

Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements," including with respect to the IPO, the anticipated use of the net proceeds thereof and 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 FG Imperii Acquisition Corp., including those set forth in the Risk Factors section of FG Imperii Acquisition Corp.'s registration statement and prospectus for the IPO filed with the SEC. Copies are available on the SEC's website, www.sec.gov. FG Imperii Acquisition Corp. undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

View original content:https://www.prnewswire.com/news-releases/fg-imperii-acquisition-corp-announces-closing-of-200-million-initial-public-offering-302665863.html

SOURCE FG Imperii Acquisition Corp

FAQ

How much did FG Imperii Acquisition Corp (FGIIU) raise in the IPO on January 20, 2026?

The IPO raised $200.0 million from 20,000,000 units at $10.00 per unit.

What does each FGIIU unit include and what is the warrant exercise price?

Each unit includes one Class A ordinary share and one-half of one redeemable warrant; each whole warrant is exercisable at $11.50 per share.

What Nasdaq symbols will trade for FG Imperii securities after unit separation?

Units trade as FGIIU; after separation, Class A shares will trade as FGII and warrants as FGIIW.

What will FG Imperii use the IPO net proceeds for?

The company intends to use net proceeds, plus simultaneous private placements, to consummate its initial business combination.

Who managed the FGII IPO and was there an overallotment option?

ThinkEquity was sole book-running manager, EarlyBirdCapital was co-manager, and underwriters have a 45-day option to buy up to 3,000,000 additional units.