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West Enclave Merger Corp (NYSE: WENC U) closed its initial public offering of 10,000,000 units at $10.00 per unit on May 1, 2026, raising $100,000,000 in gross proceeds. Combined proceeds and a simultaneous private placement resulted in $101,000,000 placed in trust. Units trade on NYSE as WENC U; ordinary shares and rights are expected to trade separately as WENC and WENC RT once split. The underwriters hold a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments. The company is a SPAC focused on business combinations targeting Latin America or U.S. companies with U.S.–Latin America strategic ties.
West Enclave Merger Corp (NYSE: WENC) priced a $100.0 million initial public offering of 10,000,000 units at $10.00 per unit, with trading expected to begin April 30, 2026 on the NYSE as WENC U. Each unit contains one ordinary share and one right to receive one-tenth of a share upon a business combination. The underwriters have a 45-day option to purchase up to 1,500,000 additional units. The offering is expected to close on or about May 1, 2026, subject to customary closing conditions.
The company is a special purpose acquisition company focused on potential targets in Latin America or U.S. businesses tied to U.S.–Latin America economic links.