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

News Market Reaction – IEAGU

-0.10%

1 alert

-0.10% News Effect

On the day this news was published, IEAGU declined 0.10%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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.