Aldabra 4 prices $261 million IPO at $10 per unit

Aldabra 4 Liquidity Opportunity Vehicle Inc. announced the pricing of its initial public offering of 26.1 million units at $10 per unit on January 21, 2026. The blank check company raised $261 million through the offering.

The units are expected to begin trading on the Nasdaq Global Market under ticker symbol "ALOVU" on January 22, 2026. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant allows the holder to purchase one Class A ordinary share at $11.50 per share, subject to certain adjustments.

Once the securities comprising the units begin separate trading, the company expects its Class A ordinary shares and warrants will be listed on Nasdaq under symbols "ALOV" and "ALOVW," respectively. The offering is expected to close on January 23, 2026, subject to customary closing conditions.

Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering. Ladenburg Thalmann & Co. and The Benchmark Company, LLC are serving as co-managers. The company has granted underwriters a 45-day option to purchase up to 3.9 million additional units at the initial public offering price to cover over-allotments. Chardan is acting as advisor to the company.

The company is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. A registration statement relating to the securities became effective on January 21, 2026.

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