Talon Capital Corp. Announces Closing of $249 Million Initial Public Offering
Talon Capital Corp. (NASDAQ:TLNCU) has successfully completed its Initial Public Offering (IPO), raising $249 million in gross proceeds. The company sold 24.9 million units at $10.00 per unit, including an additional 2.4 million units from the partial exercise of the underwriters' overallotment option.
Each unit comprises one Class A ordinary share and one-third of one redeemable public warrant. The warrants allow holders to purchase Class A ordinary shares at $11.50 per share. The units trade on Nasdaq under "TLNCU," with the shares and warrants expected to trade separately under "TLNC" and "TLNCW" respectively.
Talon Capital Corp. is a blank check company formed to execute a business combination through merger, acquisition, or similar transaction. Cohen & Company Capital Markets served as the lead book-running manager for the offering.
Talon Capital Corp. (NASDAQ:TLNCU) ha completato con successo la sua offerta pubblica iniziale (IPO), raccogliendo 249 milioni di dollari di proventi lordi. La società ha venduto 24,9 milioni di unità a 10,00 $ ciascuna, incluse 2,4 milioni di unità aggiuntive derivanti dall'esercizio parziale dell'opzione di sovrallocazione degli underwriter.
Ogni unità è composta da una azione ordinaria di Classe A e da un terzo di un warrant pubblico rimborsabile. I warrant consentono ai detentori di acquistare azioni ordinarie di Classe A a 11,50 $ per azione. Le unità vengono negoziate sul Nasdaq con il simbolo "TLNCU", mentre le azioni e i warrant dovrebbero essere negoziati separatamente con i simboli "TLNC" e "TLNCW" rispettivamente.
Talon Capital Corp. è una blank check company costituita per realizzare una combinazione aziendale mediante fusione, acquisizione o operazione analoga. Cohen & Company Capital Markets ha svolto il ruolo di lead book-running manager per l'offerta.
Talon Capital Corp. (NASDAQ:TLNCU) ha completado con éxito su oferta pública inicial (OPI), recaudando 249 millones de dólares en ingresos brutos. La compañía vendió 24,9 millones de unidades a 10,00 $ por unidad, incluidas 2,4 millones de unidades adicionales por el ejercicio parcial de la opción de sobreasignación de los colocadores.
Cada unidad consiste en una acción ordinaria Clase A y un tercio de un warrant público redimible. Los warrants permiten a los tenedores comprar acciones ordinarias Clase A a 11,50 $ por acción. Las unidades cotizan en Nasdaq con el símbolo "TLNCU", y se espera que las acciones y los warrants coticen por separado bajo "TLNC" y "TLNCW" respectivamente.
Talon Capital Corp. es una blank check company creada para llevar a cabo una combinación de negocios mediante fusión, adquisición u operación similar. Cohen & Company Capital Markets actuó como gestor principal del libro de la oferta.
Talon Capital Corp. (NASDAQ:TLNCU)가 초기 공개 모집(IPO)을 성공적으로 마쳐 총 2억4,900만 달러의 총 수익을 확보했습니다. 회사는 단위당 10.00달러에 2,490만 단위를 판매했으며, 이에는 인수인들의 초과배정옵션 부분 행사로 인한 240만 단위가 포함됩니다.
각 단위는 클래스 A 보통주 1주와 환매 가능 공모 워런트 1/3로 구성됩니다. 워런트 보유자는 클래스 A 보통주를 주당 11.50달러에 매수할 수 있습니다. 단위는 나스닥에서 "TLNCU"로 거래되며, 보통주와 워런트는 각각 "TLNC"와 "TLNCW"로 별도 거래될 예정입니다.
Talon Capital Corp.은 합병, 인수 또는 유사한 거래를 통해 사업 결합을 수행하기 위해 설립된 블랭크 체크 회사입니다. 이번 공모의 대표주관 업무는 Cohen & Company Capital Markets가 담당했습니다.
Talon Capital Corp. (NASDAQ:TLNCU) a mené à bien son introduction en bourse (IPO), levant 249 millions de dollars de produits bruts. La société a vendu 24,9 millions d'unités à 10,00 $ l'unité, incluant 2,4 millions d'unités supplémentaires suite à l'exercice partiel de l'option de surallocation par les teneurs de livres.
Chaque unité comprend une action ordinaire de classe A et un tiers d'un warrant public remboursable. Les warrants permettent aux détenteurs d'acheter des actions ordinaires de classe A à 11,50 $ par action. Les unités sont négociées sur le Nasdaq sous le symbole "TLNCU", et les actions et warrants devraient être négociés séparément sous "TLNC" et "TLNCW" respectivement.
Talon Capital Corp. est une blank check company créée pour réaliser une combinaison d'entreprises par fusion, acquisition ou opération similaire. Cohen & Company Capital Markets a agi en tant que chef de file pour l'offre.
Talon Capital Corp. (NASDAQ:TLNCU) hat seinen Börsengang (IPO) erfolgreich abgeschlossen und 249 Millionen US-Dollar an Bruttoerlösen erzielt. Das Unternehmen verkaufte 24,9 Millionen Einheiten zu je 10,00 $, einschließlich zusätzlicher 2,4 Millionen Einheiten aus der teilweisen Ausübung der Mehrzuteilungsoption der Konsortialführers.
Jede Einheit besteht aus einer Class-A-Stammaktie und einem Drittel eines rückzahlbaren öffentlichen Warrants. Die Warrants berechtigen die Inhaber zum Kauf von Class-A-Stammaktien zu 11,50 $ pro Aktie. Die Einheiten werden an der Nasdaq unter "TLNCU" gehandelt; die Aktien und Warrants sollen voraussichtlich getrennt unter den Symbolen "TLNC" bzw. "TLNCW" gehandelt werden.
Talon Capital Corp. ist eine Blank-Check-Gesellschaft, die gegründet wurde, um durch Fusion, Akquisition oder eine ähnliche Transaktion eine Unternehmenszusammenführung durchzuführen. Cohen & Company Capital Markets fungierte als führender Bookrunner der Platzierung.
- Successfully raised $249 million in gross proceeds from IPO
- Secured listing on Nasdaq Global Market
- Achieved partial exercise of underwriters' overallotment option for additional 2.4M units
- Structured with warrant incentive at $11.50 per share to attract investors
- No specific target business identified yet for combination
- Success depends on finding suitable acquisition target
- Investors face uncertainty until business combination is completed
Insights
Talon Capital Corp. successfully raised $249M in SPAC IPO, creating a new blank check company seeking acquisition targets.
Talon Capital Corp. has successfully completed its initial public offering (IPO), raising
As a blank check company, or SPAC (Special Purpose Acquisition Company), Talon Capital's sole purpose is to identify and merge with an existing private business, effectively taking that company public. The units are currently trading on Nasdaq under ticker "TLNCU," with plans for the Class A shares and warrants to eventually trade separately under "TLNC" and "TLNCW."
Cohen & Company Capital Markets served as the lead book-running manager for the offering. The successful capital raise demonstrates investor confidence in Talon's management team, led by Charles Leykum, to identify an attractive acquisition target.
This SPAC IPO occurs amid a broader recovery in the SPAC market after a significant cooling period following the 2020-2021 SPAC boom. With
HOUSTON, TX, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Talon Capital Corp. (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the closing of its initial public offering of 24,900,000 units at a price of
The units began trading on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “TLNCU” on September 9, 2025. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable public warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of
Cohen & Company Capital Markets, a division of Cohen and Company Securities, LLC, acted as lead book-running manager.
The public offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Cohen and Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.
A registration statement relating to the securities became effective on September 8, 2025. This press release shall not constitute an offer to sell or the 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.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds from the offering. No assurance can be given that the net proceeds of the offering will be used as indicated, or that the Company will ultimately complete a business combination transaction. 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 Company’s registration statement and preliminary prospectus for the Company’s offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, at 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
Talon Capital Corp.
www.Talon-Cap.com
Charles Leykum
Charlie@talon-cap.com
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