Irenic Acquisition Corp. closes $220M IPO and partial over-allotment, raising $252.5M trust

Irenic Acquisition Corp.

IPO of 22M units at $10.00/unit closed April 29, 2026; gross proceeds $220M.
Partial over-allotment of 3.25M units closed May 1, 2026; additional $32.5M gross.
Total trust account proceeds $252.5M; net of deferred underwriting fees and offering costs.
Concurrent private placement of 705,064 units at $10.00/unit to sponsor and underwriters.
Sponsor forfeited 11,703 founder shares upon over-allotment exercise.

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