Indigo Acquisition Corp. Announces Pricing of $100,000,000 Initial Public Offering
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.
Indigo Acquisition Corp. (NASDAQ:INACU) ha annunciato il prezzo della sua offerta pubblica iniziale di 10.000.000 di unità a 10,00 dollari per unità, per un totale di 100.000.000 di dollari. Le unità inizieranno a essere negoziate sul Nasdaq Global Market il 1° luglio 2025, con il simbolo "INACU".
Ogni unità comprende una azione ordinaria e un diritto a ricevere un decimo di azione ordinaria al completamento di una combinazione aziendale iniziale. Le azioni ordinarie e i diritti saranno successivamente negoziati separatamente con i simboli "INAC" e "INACR" rispettivamente.
La società blank check, guidata dal Presidente e CEO James S. Cassel e dal CFO Scott Salpeter, mira a fondersi con aziende consolidate e redditizie. EarlyBirdCapital, Inc. è il gestore principale del book, con IB Capital come co-gestore. Gli underwriter hanno un opzione di 45 giorni per acquistare fino a 1.500.000 unità aggiuntive per coprire le sovrassegnazioni.
Indigo Acquisition Corp. (NASDAQ:INACU) ha anunciado el precio de su oferta pública inicial de 10,000,000 unidades a 10.00 dólares por unidad, sumando un total de 100,000,000 dólares. Las unidades comenzarán a cotizar en el Nasdaq Global Market el 1 de julio de 2025, bajo el símbolo "INACU".
Cada unidad consta de una acción ordinaria y un derecho para recibir una décima parte de una acción ordinaria al completar una combinación de negocios inicial. Las acciones ordinarias y los derechos se negociarán por separado posteriormente bajo los símbolos "INAC" e "INACR", respectivamente.
La compañía de cheques en blanco, liderada por el presidente y CEO James S. Cassel y el CFO Scott Salpeter, tiene como objetivo fusionarse con negocios establecidos y rentables. EarlyBirdCapital, Inc. actúa como administrador principal del libro, con IB Capital como co-administrador. Los suscriptores tienen una opción de 45 días para comprar hasta 1,500,000 unidades adicionales para cubrir sobresuscripciones.
Indigo Acquisition Corp. (NASDAQ:INACU)는 단위당 10.00달러에 10,000,000단위의 초기 공개 발행 가격을 발표했으며, 총 1억 달러에 달합니다. 이 단위들은 2025년 7월 1일부터 나스닥 글로벌 마켓에서 "INACU"라는 심볼로 거래를 시작합니다.
각 단위는 보통주 1주와 초기 사업 결합 완료 시 0.1주를 받을 수 있는 권리 1개로 구성되어 있습니다. 보통주와 권리는 이후 각각 "INAC"와 "INACR" 심볼로 별도 거래됩니다.
회장 겸 CEO 제임스 S. 카셀과 CFO 스콧 살페터가 이끄는 이 블랭크 체크 회사는 안정적이고 수익성 있는 기업과의 합병을 목표로 합니다. EarlyBirdCapital, Inc.가 주간사로, IB Capital이 공동 주간사로 참여합니다. 인수인들은 초과 배정을 충당하기 위해 최대 1,500,000단위 추가 구매할 수 있는 45일 옵션을 보유하고 있습니다.
Indigo Acquisition Corp. (NASDAQ:INACU) a annoncé le prix de son offre publique initiale de 10 000 000 d’unités à 10,00 $ par unité, totalisant 100 000 000 $. Les unités commenceront à être négociées sur le Nasdaq Global Market le 1er juillet 2025, sous le symbole « INACU ».
Chaque unité comprend une action ordinaire et un droit de recevoir un dixième d’action ordinaire lors de la réalisation d’une première combinaison d’affaires. Les actions ordinaires et les droits seront ensuite négociés séparément sous les symboles « INAC » et « INACR » respectivement.
La société de type blank check, dirigée par le président-directeur général James S. Cassel et le directeur financier Scott Salpeter, vise à fusionner avec des entreprises établies et rentables. EarlyBirdCapital, Inc. agit en tant que gestionnaire principal du livre, avec IB Capital comme co-gestionnaire. Les souscripteurs disposent d’une option de 45 jours pour acheter jusqu’à 1 500 000 unités supplémentaires afin de couvrir les surallocations.
Indigo Acquisition Corp. (NASDAQ:INACU) hat die Preisfestsetzung seines Initial Public Offerings von 10.000.000 Einheiten zu je 10,00 USD bekanntgegeben, was insgesamt 100.000.000 USD entspricht. Die Einheiten werden ab dem 1. Juli 2025 an der Nasdaq Global Market unter dem Symbol "INACU" gehandelt.
Jede Einheit besteht aus einer Stammaktie und einem Recht, um nach Abschluss einer ersten Unternehmenszusammenführung ein Zehntel einer Stammaktie zu erhalten. Die Stammaktien und Rechte werden später getrennt unter den Symbolen "INAC" bzw. "INACR" gehandelt.
Das Blank-Check-Unternehmen, geleitet von Vorsitzendem und CEO James S. Cassel sowie CFO Scott Salpeter, strebt eine Fusion mit etablierten, profitablen Unternehmen an. EarlyBirdCapital, Inc. fungiert als Hauptbuchführer, IB Capital als Co-Manager. Die Underwriter haben eine 45-tägige Option zum Kauf von bis zu 1.500.000 zusätzlichen Einheiten, um Mehrzuteilungen abzudecken.
- None.
- No specific target business identified yet
- Investment carries inherent blank check company risks
- Shareholders face potential dilution from rights conversion
Insights
Indigo Acquisition Corp. launches a $100M SPAC IPO with experienced leadership targeting established, profitable companies for acquisition.
Indigo Acquisition Corp. has priced its IPO at
This SPAC (Special Purpose Acquisition Company) is structured as a Cayman Islands exempt company - a common jurisdiction choice for SPACs seeking tax efficiency. The company has granted underwriters a 45-day option to purchase up to 1.5 million additional units to cover potential over-allotments, which could increase total proceeds by
The management team is led by James S. Cassel (Chairman/CEO) and Scott Salpeter (COO/CFO), both appearing to have investment banking backgrounds based on their email domains. Their targeting strategy focuses on "established, profitable companies with attractive market positions and/or growth potential" - a more conservative approach than SPACs seeking pre-revenue or speculative businesses.
EarlyBirdCapital is serving as the book-runner with IB Capital as co-manager. The deal represents a mid-sized SPAC offering in today's market, where the average SPAC typically raises between
NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Indigo Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 10,000,000 units at
The Company is a Cayman exempt company, formed as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus on opportunities with established, profitable companies with attractive market positions and/or growth potential that can leverage our management team’s experience and expertise. The Company is led by its Chairman of the Board and Chief Executive Officer, James S. Cassel, and its Chief Operating Officer and Chief Financial Officer, Scott Salpeter.
EarlyBirdCapital, Inc. is acting as the book-running manager for the offering and IB Capital is acting as co-manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments, if any. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from EarlyBirdCapital, Inc., 366 Madison Avenue, New York, New York 10017, Attention: Syndicate Department, or (212) 661-0200.
A registration statement relating to these securities was filed with the Securities and Exchange Commission (the “SEC”) and was declared effective on June 30, 2025. 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.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute “forward-looking statements.” No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated in the offering prospectus. 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 and preliminary prospectus for the 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.
Contact:
James S. Cassel, CEO
jcassel@cs-ib.com
305-438-7700
Scott Salpeter, CFO
ssalpeter@cs-ib.com
305-438-7700
FAQ
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