Bluerock Acquisition prices $150 million IPO at $10 per unit

Bluerock Acquisition Corp. announced the pricing of its initial public offering of 15 million units at $10.00 per unit, raising $150 million. The units are expected to begin trading on the Nasdaq Global Market under the ticker symbol "BLRKU" on December 11, 2025.

Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant allows the purchase of one Class A ordinary share at $11.50 per share, subject to certain adjustments. Only whole warrants will be exercisable.

Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "BLRK" and "BLRKW," respectively. The offering is expected to close on December 12, 2025.

Bluerock Acquisition Corp. 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. The company may pursue an initial business combination in any business or industry.

Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering. Brookline Capital Markets, a division of Arcadia Securities LLC, and Clear Street LLC are acting as co-managers. The company has granted the underwriters a 45-day option to purchase up to an additional 2.25 million units at the initial public offering price to cover over-allotments.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission on December 10, 2025, according to the company's press release statement.

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