ESH Acquisition Corp. closes IPO of 11.5M units at $10.00, grossing $115M

ESH Acquisition Corp.

Simultaneous private placement of 7.47M warrants at $1.00 each raised $7.47M.
Net proceeds of $116.7M deposited in trust account ($10.15 per unit).
Company has until December 16, 2024 to complete initial business combination.
Underwriters' over-allotment option fully exercised for 1.5M additional units.
Class A common stock subject to possible redemption classified as temporary equity at $116.7M.

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