Irenic Acquisition Corp. closes partial over-allotment, adds $32.5M to trust, total $252.5M

Irenic Acquisition Corp.

Underwriters partially exercised over-allotment, purchasing 3,253,188 units at $10.00 each, generating $32,531,880 in gross proceeds.
Simultaneously, 65,064 additional private placement units sold to sponsor and underwriters, raising $650,640.
Total trust account now holds $252,531,882, up from $220M after IPO.
Sponsor forfeited 11,703 Class B ordinary shares due to partial over-allotment exercise.

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