Axiom Intelligence Acquisition Corp 1 is a Cayman Islands special purpose acquisition company formed in January 2025 to complete a business combination, with no operating revenues to date. Its IPO closed on June 20, 2025, issuing 20,000,000 units at $10.00 each for $200,000,000 in gross proceeds.
Concurrently, the sponsor and affiliates bought 600,000 private placement units for $6,000,000, and a total of $200,000,000 was placed in a trust account. The company must complete an initial business combination by June 20, 2027 or redeem public shares for cash from the trust. As of December 31, 2025, the estimated redemption price was about $10.21 per public share, and as of March 25, 2026 there were 20,600,000 Class A and 6,666,667 Class B ordinary shares outstanding.
Barclays PLC filed an amended Schedule 13G reporting its beneficial ownership of 773,726 shares of Intelligence-CL A common stock, equal to 3.75% of the class as of December 31, 2025.
Barclays states the securities were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing control of the issuer. The filing identifies Barclays Bank PLC as the relevant subsidiary and confirms sole voting and dispositive power over all reported shares.
Axiom Intelligence Acquisition Corp 1 filed its quarterly report, showing typical SPAC-stage activity with interest income driving results while it searches for a target in the European infrastructure industry.
For the quarter ended September 30, 2025, net income was $1,898,982, primarily from $2,084,399 of interest earned on the Trust Account, against $185,417 of general and administrative expenses. The Trust Account held $202,265,853, equating to $10.11 per public share at period end. Cash outside the trust was $897,918 with working capital of $948,419.
The company completed its IPO on June 20, 2025, raising $200,000,000 in public units and $6,000,000 in private placement units, incurring $4,000,000 in cash underwriting fees and $8,000,000 in deferred underwriting fees. It has until June 20, 2027 to consummate a business combination.