Viking Acquisition I (VACI) expects to close its business combination with NorthStar Earth & Space on September 30, 2026. Closing remains subject to customary conditions.
In connection with the closing, Viking will transfer its listing from the New York Stock Exchange to NYSE American. The combined company is expected to operate as NorthStar Earth & Space Enterprises from October 1, 2026, when its common shares and public warrants are expected to begin trading on NYSE American under NSTR and NSTR.WS, respectively.
Viking Acquisition Corp I (NYSE: VACI) reported that its proposed business combination partner NorthStar Earth & Space launched augmented commercial services worth over CAD$40 million over 12 months with the Royal Canadian Air Force’s 3 Canadian Space Division.
The agreement integrates NorthStar’s space-based surveillance and SDA capabilities to support Canadian sovereign space monitoring and threat detection.
Viking Acquisition Corp. I (NYSE: VACI) announced that holders may elect to separately trade the Class A ordinary shares and warrants underlying its public units starting November 20, 2025. Each public unit consists of one Class A ordinary share and one third of one redeemable warrant; only whole warrants will trade after separation and no fractional warrants will be issued.
Public units that remain intact will continue trading under VACI.U; separated Class A shares will trade as VACI and separated warrants as VACI WS. Holders must have brokers contact Continental Stock Transfer & Trust Company to effect the separation. A final prospectus has been filed with the SEC and copies are available from Cohen & Company Capital Markets or via www.sec.gov.
Viking Acquisition Corp. I (NYSE: VACI.U) closed its initial public offering on November 3, 2025, raising $230 million through sale of 23,000,000 units at $10.00 per unit, including 3,000,000 units from the underwriters’ full over-allotment exercise.
Each unit contains one Class A ordinary share and one-third of one redeemable warrant; whole warrants are exercisable to buy one Class A share at $11.50 per share. Units began trading on the NYSE under VACI.U on October 31, 2025; separate trading of shares and warrants is expected under VACI and VACI WS. Cohen & Company Capital Markets acted as lead book-running manager.
Viking Acquisition Corp. I (NYSE: VACI.U) priced an initial public offering of 20,000,000 units at $10.00 per unit, representing aggregate gross proceeds of $200,000,000. Each unit contains one Class A ordinary share and one‑third of one redeemable warrant; whole warrants exercisable to buy one Class A share at $11.50 per share, subject to adjustment.
The units are expected to begin trading on the New York Stock Exchange under the ticker VACI.U on October 31, 2025; when separated, shares and warrants are expected to trade as VACI and VACI WS. Cohen & Company Capital Markets is sole book‑running manager. The underwriters have a 45‑day option to purchase up to 3,000,000 additional units. The offering is expected to close on November 3, 2025, subject to customary conditions and S‑1 effectiveness.