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JAB Acquisition Corp I (Nasdaq:JABRU) closed its $172.5 million initial public offering of 17,250,000 units at $10.00 per unit, including full over-allotment exercise.
Each unit includes one Class A share, one warrant at $11.50, and one right to one-fourth share. Units trade on Nasdaq; shares, warrants and rights will trade separately as JAB, JABRW and JABRR.
JAB Acquisition Corp I (Nasdaq:JABRU/JAB) priced its initial public offering of 15,000,000 units at $10.00 per unit. Each unit includes one Class A ordinary share, one redeemable warrant exercisable at $11.50, and one right to receive one-fourth of a Class A share.
Units are expected to begin trading on Nasdaq Global Market on June 10, 2026, with shares, warrants, and rights later trading separately under JAB, JABRW, and JABRR. The underwriter has a 45-day option to purchase up to 2,250,000 additional units. Closing is expected on June 11, 2026, subject to customary conditions.