other_material
confidence high
sentiment neutral
materiality 0.70
Vendome Acquisition I prices $200M IPO; units to trade on Nasdaq under VNMEU
Vendome Acquisition Corp I
- Priced 20,000,000 units at $10.00/unit, gross proceeds of $200M; closing July 3, 2025.
- Each unit consists of one Class A share and one-half warrant; warrants exercisable at $11.50.
- Sponsor purchased 2,648,000 private placement warrants at $1.00 each, generating $2.648M.
- New directors appointed: Jonathan Gray, Brian Webber, Brett Wyard; trust account funded with $200M.
- Working capital note up to $840k from sponsor; no interest; convertible at lower of $8.00 or VWAP.
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