Abony Acquisition Corp. I, a Cayman Islands SPAC, completed its initial public offering of 23,000,000 units at $10.00 per unit, including 3,000,000 units from the underwriter’s full over-allotment exercise, for $230,000,000 in gross proceeds. Each unit includes one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50 per share.
The company also sold 695,000 private placement units for additional gross proceeds of $6,950,000, purchased by its sponsor and BTIG, LLC. A total of $230,000,000 from the IPO and private placement was deposited into a trust account for the benefit of public shareholders to fund a future business combination. The board was confirmed, indemnity agreements were executed with key directors and an officer, and amended charter documents now authorize up to 500,000,000 Class A ordinary shares, 50,000,000 Class B ordinary shares, and 5,000,000 preference shares.