Harbour Island Acquisition prices $100M IPO on Nasdaq

Harbour Island Acquisition Corp. I priced its initial public offering of 10,000,000 units at $10.00 per unit, raising $100 million, according to a company press release dated Oct. 13, 2026.

The units are expected to begin trading on the Nasdaq Global Market on Oct. 14, 2026, under the ticker symbol "HRIAU." Each unit consists of one Class A ordinary share and one redeemable warrant, with each warrant carrying an exercise price of $11.50 per share. Once the units begin separate trading, the Class A ordinary shares and warrants are expected to list under the symbols NASDAQ: HRIA and "HRIAW," respectively.

The offering is expected to close on Oct. 15, 2026, subject to customary closing conditions. The company has granted underwriters a 45-day option to purchase up to an additional 1,500,000 units at the IPO price to cover over-allotments.

The company is a blank check company, or special purpose acquisition company, formed to pursue a merger or similar business combination. Its stated primary focus is on businesses in industrial materials, engineered components, semiconductors and semiconductor equipment, artificial intelligence, data infrastructure, robotics and automation, and aerospace and defense.

McAndrew Rudisill serves as Chief Executive Officer and Chairman, and Samuel Knipper serves as Chief Financial Officer. Clear Street LLC is acting as sole book-running manager for the offering.

You May Also Be Interested In

• Strive plans IPO of 15% preferred stock to fund bitcoin buys
• PlusAI files S-4 with SEC for SPAC merger targeting Nasdaq listing
• TRexBio raises $116.7M in Nasdaq IPO at $14 per share