other material
confidence high
sentiment neutral
materiality 0.95
Aldabra 4 completes $300.15M SPAC IPO; trust funded at $10.00 per unit
Aldabra 4 Liquidity Opportunity Vehicle, Inc.
- Offered 30,015,000 units at $10.00 each, including full over-allotment; gross proceeds $300,150,000.
- Simultaneous private placement of 4,866,666 warrants at $1.50 each raised $7,300,000.
- Trust account holds $300,150,000; cash outside trust $1,813,190; working capital surplus $1,647,495.
- Deferred underwriting fees of $12,789,000 included in trust; offering costs total $18,350,595.
- Must complete initial business combination by January 23, 2028 (24 months), with possible extension via shareholder vote.