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Indigo Acquisition Corp. (NASDAQ: INACU), a Cayman Islands-based blank check company, announced that starting July 30, 2025, holders of its IPO units can separately trade the company's ordinary shares and rights on the Nasdaq Global Market. The ordinary shares and rights will trade under the symbols "INAC" and "INACR" respectively.
The company, led by CEO James S. Cassel and CFO Scott Salpeter, aims to pursue business combinations with established, profitable companies that can benefit from their management team's expertise. Unit holders must contact Continental Stock Transfer & Trust Company to separate their units into ordinary shares and rights.
Indigo Acquisition Corp. (NASDAQ:INACU) has successfully completed the sale of its full over-allotment option of 1.5 million units at $10.00 per unit, generating additional gross proceeds of $15 million.
Each unit comprises one ordinary share and one right to receive one-tenth of an ordinary share upon completion of an initial business combination. The company's securities will trade separately under the symbols INAC (ordinary shares) and INACR (rights).
The blank check company, led by CEO James S. Cassel and CFO Scott Salpeter, aims to merge with established, profitable businesses. EarlyBirdCapital served as the book-running manager, with IB Capital as co-manager for the offering.
Indigo Acquisition Corp. (NASDAQ:INACU) has successfully completed its $100 million initial public offering, selling 10,000,000 units at $10.00 per unit. Each unit comprises one ordinary share and one right to receive one-tenth of an ordinary share upon completing a business combination.
The SPAC, led by Chairman and CEO James S. Cassel and CFO Scott Salpeter, aims to merge with established, profitable businesses. The company's ordinary shares and rights will trade separately under symbols INAC and INACR. EarlyBirdCapital served as the book-running manager, with IB Capital as co-manager. The underwriters have a 45-day option to purchase up to 1.5 million additional units.
Indigo Acquisition Corp. (NASDAQ:INACU) has announced the pricing of its initial public offering of 10,000,000 units at $10.00 per unit, totaling $100,000,000. The units will begin trading on the Nasdaq Global Market on July 1, 2025, under the symbol "INACU".
Each unit comprises one ordinary share and one right to receive one-tenth of an ordinary share upon completing an initial business combination. The ordinary shares and rights will later trade separately under the symbols "INAC" and "INACR" respectively.
The blank check company, led by Chairman and CEO James S. Cassel and CFO Scott Salpeter, aims to merge with established, profitable businesses. EarlyBirdCapital, Inc. serves as the book-running manager, with IB Capital as co-manager. The underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments.
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