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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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