Welcome to our dedicated page for Shepherd Ave Capital Acquisition news (Ticker: SPHAU), a resource for investors and traders seeking the latest updates and insights on Shepherd Ave Capital Acquisition stock.
Shepherd Ave Capital Acquisition Corp (SPHAU) is a special purpose acquisition company (SPAC) focused on strategic mergers in evolving markets. This page serves as the definitive source for all official announcements, press releases, and market analysis related to SPHAU's acquisition activities.
Investors and analysts will find timely updates on merger targets, regulatory filings, and trust account management – critical information for evaluating this blank check company's progress. The curated news collection includes verified updates on potential acquisitions, leadership communications, and compliance with SPAC-specific disclosure requirements.
Content spans merger announcements, SEC filing alerts, investor meeting summaries, and market reaction analysis. All materials adhere to strict financial reporting standards, providing neutral documentation of corporate developments without speculative commentary.
Bookmark this page for streamlined access to SPHAU's evolving narrative in the SPAC sector. Regular updates ensure stakeholders maintain current awareness of material events affecting this acquisition-focused investment vehicle.
Shepherd Ave Capital Acquisition (Nasdaq: SPHA) has announced a corporate name change to Aifeex Nexus Acquisition following shareholder approval at an Extraordinary General Meeting on March 11, 2025. The company has filed an amendment to its Amended and Restated Memorandum and Articles of Association with the Cayman Islands Registrar of Companies to reflect this change.
Effective March 12, 2025, the company's trading symbols will be updated accordingly:
- Units will change from SPHAU to AIFEU
- Ordinary shares will change from SPHA to AIFE
- Rights will change from SPHAR to AIFER
Shepherd Ave Capital Acquisition (Nasdaq: SPHAU) has announced that starting January 27, 2025, holders of the 8,625,000 units sold in its initial public offering can elect to separately trade the Class A ordinary shares and rights included in the Units.
The Units will continue trading on NASDAQ under 'SPHAU', while separated Class A ordinary shares and rights will trade under 'SPHA' and 'SPHAR' respectively. Unit holders must contact Vstock Transfer, to separate their holdings.
The initial public offering was underwritten by SPAC Advisory Partners , a division of Kingswood Capital Partners A registration statement (File No. 333-280986) for these securities was declared effective by the SEC on December 2, 2024.
Shepherd Ave Capital Acquisition (NASDAQ: SPHAU) has successfully completed its initial public offering (IPO), raising $86,250,000 in gross proceeds through the sale of 8,625,000 units at $10.00 per unit. The offering included the full exercise of the underwriter's over-allotment option.
Each unit comprises one Class A ordinary share and one right, with each whole right convertible into one-fifth of a Class A ordinary share upon completing an initial business combination. The units trade on Nasdaq under 'SPHAU', with Class A shares and rights to later trade separately as 'SPHA' and 'SPHAR' respectively.
SPAC Advisory Partners , a division of Kingswood Capital Partners, , served as the sole book-running manager for the IPO.
Shepherd Ave Capital Acquisition (NASDAQ: SPHAU) has announced the pricing of its initial public offering, offering 7,500,000 units at $10.00 per unit, raising aggregate gross proceeds of $75,000,000. Each unit includes one Class A ordinary share and one right, with each whole right convertible to one-fifth of a Class A Ordinary Share upon business combination completion.
Trading will commence on Nasdaq Global Market under the symbol 'SPHAU'. The Class A Ordinary Shares and Rights will later trade separately under 'SPHA' and 'SPHAR'. The company granted underwriters a 45-day option to purchase up to 1,125,000 additional units to cover over-allotments. SPAC Advisory Partners is serving as the sole book running manager.
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