Meridian3 Industrials closes $201.25M IPO on Nasdaq

Meridian3 Industrials Acquisition Corp, a special purpose acquisition company (SPAC), has closed its initial public offering of 20,125,000 units at $10.00 per unit, generating gross proceeds of $201,250,000, according to a press release from the company.

The offering includes 2,625,000 units issued from the full exercise of the underwriters' over-allotment option. Units began trading on the Nasdaq Global Market under the ticker symbol "MIACU" on July 2, 2026. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at $11.50 per share, subject to certain adjustments.

Once the units begin separate trading, the Class A ordinary shares and warrants are expected to trade on Nasdaq under the symbols "MIAC" and "MIACW," respectively.

Cantor Fitzgerald & Co. served as sole book-running manager for the offering. The U.S. Securities and Exchange Commission declared the registration statement effective on July 1, 2026.

The company is incorporated as a Cayman Islands exempted company and intends to pursue a business combination with one or more businesses in the industrial technology sector, including Industry 4.0, smart manufacturing, and next-generation mobility.

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