JAB Acquisition Corp I Announces Pricing of $150 Million Initial Public Offering
Rhea-AI Summary
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.
Positive
- 15,000,000 units priced at $10.00 per unit
- Nasdaq Global Market listing for units under ticker JABRU
- Additional 2,250,000-unit over-allotment option for underwriter
- Warrants exercisable at $11.50 per Class A share
- Rights to receive one-fourth of a Class A share per unit
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, NY / ACCESS Newswire / June 9, 2026 / JAB Acquisition Corp I (the "Company") today announced the pricing of its initial public offering of 15,000,000 units at an offering price of
The units are expected to trade on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "JABRU" beginning on June 10, 2026. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights are expected to trade on Nasdaq under the symbols "JAB," "JABRW," and "JABRR," respectively.
D. Boral Capital LLC is acting as sole book-running manager for the offering.
The Company has granted the underwriter a 45-day option to purchase up to 2,250,000 additional units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on June 11, 2026, subject to customary closing conditions.
A registration statement on Form S-1, as amended (File No. 333-296035) (the "Registration Statement") relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on June 9, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, or by emailing dbccapitalmarkets@dboralcapital.com, or by accessing the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About JAB Acquisition Corp I
JAB Acquisition Corp I is a blank check company incorporated and registered in the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering, the anticipated use of the net proceeds and the search for an initial business combination. The forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated. No assurance can be given that the net proceeds of the offering will be used as indicated or that the Company will consummate an initial business combination. 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 Registration Statement and related prospectus filed in connection with the initial public offering 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
JAB Acquisition Corp I
Joshua Jagid
Chairman and Chief Executive Officer
Phone: (332) 203-6124
Email: josh@jabllc.com
SOURCE: JAB Acquisition Corp I
View the original press release on ACCESS Newswire