SPACCircle Acquisition prices $100M IPO on Nasdaq

SPACCircle Acquisition Corp. has priced its initial public offering of 10,000,000 units at $10.00 per unit, raising $100 million. The units are listed on the Nasdaq Global Market under the symbol "SCQCU."

Each unit consists of one Class A ordinary share, one redeemable warrant to purchase one Class A ordinary share at an exercise price of $11.50 per share, and one right to receive one-half of one Class A ordinary share upon the completion of an initial business combination.

Once the securities begin separate trading, the Class A ordinary shares, warrants, and rights are expected to trade on Nasdaq under the symbols "SCQC," "SCQCW," and "SCQCR," respectively.

The offering is expected to close on October 28, 2026, subject to customary closing conditions. D. Boral is acting as sole book-running manager. 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.

SPACCircle was formed to pursue a merger, share exchange, asset acquisition, or similar business combination with one or more businesses across any industry.

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