other_material
confidence high
sentiment neutral
materiality 0.50
Indigo Acquisition Corp. prices $100M IPO of 10M units at $10/unit on Nasdaq
Indigo Acquisition Corp.
- Offering of 10,000,000 units at $10.00 per unit for total gross proceeds of $100,000,000.
- Each unit consists of one ordinary share and one right (entitling holder to one-tenth of a share upon business combination).
- Units to trade on Nasdaq under ticker "INACU" starting July 1, 2025; shares and rights will separately trade under "INAC" and "INACR".
- Underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments.
- Company is a blank-check SPAC targeting established profitable businesses; led by CEO James S. Cassel and COO/CFO Scott Salpeter.
item 9.01