Infinite Eagle Acquisition Corp., Led by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky and Eli Baker, Announces Completion of $300 million IPO

Rhea-AI Summary

Infinite Eagle Acquisition Corp (Nasdaq: IEAGU / IEAG) closed a $300 million initial public offering on January 20, 2026, selling 30,000,000 units at $10.00 each.

Each unit comprises one Class A ordinary share and one Eagle Share Right to receive 1/25th of a Class A share upon a business combination; no warrants were issued. An amount equal to $10.00 per unit was deposited into a trust account. The units trade on Nasdaq under IEAGU; Class A shares and Eagle Share Rights are expected to trade as IEAG and IEAGR after separation. Goldman Sachs acted as underwriter with a 45-day option for 4,500,000 additional units.

Positive

• Proceeds of $300 million deposited into trust account
• Units immediately listed on Nasdaq (IEAGU)
• Experienced sponsor team led by Harry Sloan, Jeff Sagansky, Eli Baker
• Underwritten by Goldman Sachs with customary over-allotment

Negative

• Company is a blank check vehicle with no identified acquisition target
• Underwriter option could add 4,500,000 units, diluting shareholders

Key Figures

IPO size: $300 million Units offered: 30,000,000 units Unit price: $10.00 per unit +5 more

8 metrics

IPO size $300 million Initial public offering proceeds

Units offered 30,000,000 units Initial public offering size

Unit price $10.00 per unit Initial public offering price

Trust deposit $10.00 per unit Amount deposited into trust account per unit

Eagle Share Right ratio 1/25th of one Class A ordinary share Right attached to each unit upon business combination

Over-allotment option 4,500,000 units Additional units underwriter may purchase

Over-allotment period 45 days Duration of underwriter option to purchase extra units

SEC effectiveness date January 15, 2026 Registration statement declared effective by SEC

Market Reality Check

normal vol

Market Pulse Summary

This announcement details completion of a $300 million IPO for a blank check company, with 30,000,00...

Analysis

This announcement details completion of a $300 million IPO for a blank check company, with 30,000,000 units priced at $10.00 per unit and proceeds placed in a trust account. The warrantless structure and Eagle Share Rights define investor economics until an initial business combination. Investors may focus on management’s track record, the eventual target selection process, and any use of the 4,500,000-unit over-allotment option as key future catalysts.

Key Terms

warrantless structure, trust account, blank check company, initial public offering, +4 more

8 terms

warrantless structure financial

"Infinite Eagle Features a Warrantless Structure Each Unit Includes..."

A warrantless structure is a financing or deal setup where new investors receive only the primary securities (like stock or bonds) and are not given warrants, which are rights to buy additional shares later. For investors this matters because it limits potential future dilution and removes a built‑in extra upside for new backers; think of it as buying a car without an option to later add a free upgrade — the immediate price and ownership are clear, but there’s no extra ticket to buy more later.

trust account financial

"An amount equal to $10.00 per unit has been deposited into a trust account."

A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.

blank check company financial

"Infinite Eagle Acquisition Corp. is a blank check company whose business purpose..."

A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.

initial public offering financial

"today announced the closing of its initial public offering of 30,000,000 units..."

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

over-allotments financial

"option to purchase up to an additional 4,500,000 units... to cover over-allotments, if any."

An over-allotment is a temporary extra batch of shares that the underwriters of a stock offering are allowed to sell beyond the original amount, with the right to buy those shares back later. Think of it as spare tickets sold to meet demand and then reclaimed if needed to keep the market orderly; it helps stabilize the stock price after an offering and can affect short-term supply and potential dilution, which matters to investors tracking price and ownership stakes.

prospectus regulatory

"The offering was made only by means of a prospectus. Copies of the prospectus may be obtained..."

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 these securities was declared effective..."

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.

forward-looking statements regulatory

"This press release contains statements that constitute “forward-looking statements,”..."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

Infinite Eagle Features a Warrantless Structure

Each Unit Includes One Class A Ordinary Share and One Eagle Share Right to Receive 1/25th of a Class A Ordinary Share

NEW YORK, NY, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Infinite Eagle Acquisition Corp. (the “Company”), the tenth public acquisition vehicle sponsored by Eagle Equity Partners, which is led by Harry Sloan, Jeff Sagansky and Eli Baker, today announced the closing of its initial public offering of 30,000,000 units, at a price of $10.00 per unit. Each unit consists of one Class A ordinary share and one Eagle Share Right to receive one twenty-fifth of one Class A ordinary share upon the consummation of an initial business combination. There are no warrants issued publicly or privately in connection with this offering. An amount equal to $10.00 per unit has been deposited into a trust account. The units are listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “IEAGU” as of January 20, 2026. After the securities comprising the units begin separate trading, the Class A ordinary shares and Eagle Share Rights are expected to be listed on Nasdaq under the symbols “IEAG” and “IEAGR,” respectively.

Infinite Eagle Acquisition Corp. is a blank check company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective initial business combination target will not be limited to a particular industry, sector or geographic region. While the Company may pursue an initial business combination opportunity in any industry or sector, it intends to capitalize on the ability of its management team to identify and combine with a business or businesses that can benefit from its management team’s established global relationships and operating experience.

The Company’s sponsor is Eagle Equity Partners VI, LLC, of which Harry Sloan, Jeff Sagansky and Eli Baker are Managing Members. Harry Sloan and Jeff Sagansky are the Co-Chairmen of the Company. Joining Mr. Sloan and Mr. Sagansky in the management of the Company is Eli Baker, the Chief Executive Officer, who has served in various capacities in eight of Eagle Equity’s prior public acquisition vehicles, most recently as Chief Executive Officer of Bold Eagle Acquisition Corp. Also joining Mr. Sloan, Mr. Sagansky and Mr. Baker in the management of the Company is Ryan O’Connor, the Chief Financial Officer, who previously served as the Chief Financial Officer of Bold Eagle Acquisition Corp.

Goldman Sachs & Co. LLC acted as the underwriter for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 4,500,000 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 may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com.   

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 15, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State or jurisdiction.

Cautionary Note Concerning 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 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 Company’s registration statement for the initial public 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.

# # #

INVESTOR AND MEDIA CONTACT:

Ryan O’Connor
t. (424) 284-3519
e. roconnor@eaglesinvest.com

FAQ

What did Infinite Eagle (IEAG) announce on January 20, 2026?

Infinite Eagle announced closing a $300 million IPO of 30,000,000 units at $10.00 per unit.

What does each Infinite Eagle unit (IEAGU) consist of?

Each unit contains one Class A ordinary share and one Eagle Share Right to receive 1/25th of a Class A share on a business combination.

Are there warrants in the Infinite Eagle (IEAG) offering?

No. The offering was warrantless; no public or private warrants were issued in connection with this IPO.

Where and when do Infinite Eagle securities trade after the IPO?

Units trade on Nasdaq as IEAGU as of January 20, 2026; Class A shares and Eagle Share Rights are expected to trade as IEAG and IEAGR after separation.

Who underwrote Infinite Eagle's IPO and is there an over-allotment option?

Goldman Sachs acted as underwriter and was granted a 45-day option to purchase up to 4,500,000 additional units to cover over-allotments.

How will Infinite Eagle use the IPO proceeds and what are the risks?

Proceeds (equal to $10.00 per unit) were deposited into a trust; use of proceeds depends on completing a business combination and is subject to forward-looking risks disclosed in the registration statement.