Shreya Acquisition Group (NYSE: SAGU) announced that, from on or about May 22, 2026, holders of its IPO units (trading as SAGUU) may separately trade the included securities. The Class A ordinary shares, warrants and rights will trade on NYSE as SAGU, SAGU WS and SAGU RT.
Shreya Acquisition Group is a SPAC formed to pursue a business combination, with focus areas including health and wellness, hospitality, media and entertainment, shipping infrastructure and waterways tourism.
Shreya Acquisition Group (NYSE:SAGU) closed its IPO, selling 11,000,000 units at $10.00 per unit for gross proceeds of $110,000,000, including a partial 1,000,000-unit exercise of the over-allotment option.
Each unit contains one Class A share, one warrant (exercise price $11.50) and one right to 1/4 share; units began trading May 7, 2026 under ticker SAGUU.
Shreya Acquisition Group (NYSE:SAGU) priced a $100.0 million initial public offering on May 6, 2026, selling 10,000,000 units at $10.00 per unit. Each unit contains one Class A share, one warrant (exercise $11.50) and one right to 1/4 share on a business combination.
Units are expected to trade on the NYSE as SAGUU beginning May 7, 2026; underlying securities will trade as SAGU, SAGUW and SAGUR after separation. The underwriter has a 45-day option for up to 1,500,000 additional units; closing expected May 8, 2026.