Welcome to our dedicated page for Perimeter Acqsn news (Ticker: PMTR), a resource for investors and traders seeking the latest updates and insights on Perimeter Acqsn stock.
Perimeter Acquisition Corp. I (PMTR) is a special purpose acquisition company in the financial services sector, described as a public acquisition vehicle and blank check company. Its news flow is centered on capital markets activity, its initial public offering, and future developments related to its search for a business combination. Because it is a SPAC, announcements about its units, ordinary shares, and warrants on the Nasdaq Global Market are important milestones for investors following the PMTR symbol.
The company has stated that it intends to target businesses in the defense and national security sectors, as well as technology opportunities, including those at the convergence of defense, technology, and national security. News about Perimeter Acquisition Corp. I can therefore include updates on its sector focus, commentary from its management team, and any public information about potential or completed business combinations that align with these areas.
On this page, readers can follow press releases and market updates related to Perimeter Acquisition Corp. I’s offering structure, trading status of its units, ordinary shares, and warrants, and any disclosed steps in its process of identifying and evaluating target companies. For a SPAC like PMTR, key news events often include the pricing and closing of its initial public offering and later announcements about a proposed merger or similar transaction.
Investors and observers who want to monitor developments around Perimeter Acquisition Corp. I’s role as a public acquisition vehicle in defense, national security, and technology can use this news feed as a central reference for company-issued updates and related coverage.
Perimeter Acquisition Corp. I (PMTRU) has announced the pricing of its upsized IPO of 21,000,000 units at $10.00 per unit, totaling $210 million. Each unit comprises one ordinary share and one-half of one redeemable warrant. The units will begin trading on the Nasdaq Global Market under "PMTRU" on May 13, 2025.
Once separate trading begins, the ordinary shares and warrants will trade under "PMTR" and "PMTRW" respectively. Citigroup Global Markets is the sole book-running manager and has a 45-day option to purchase up to 3,150,000 additional units for over-allotments. The offering is expected to close on May 14, 2025.
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