other_material
confidence high
sentiment neutral
materiality 0.55
Indigo Acquisition Corp closes full over-allotment option, raising $15M additional gross proceeds
Indigo Acquisition Corp.
- Sold 1.5M units at $10/unit for gross proceeds of $15M via underwriters' over-allotment option.
- Simultaneously sold 30k additional private placement units at $10/unit for $300k.
- Total trust now holds $115M ($10.00 per share) from IPO and over-allotment.
- Units trade on Nasdaq under 'INACU'; ordinary shares and rights under 'INAC' and 'INACR'.
- Company led by James S. Cassel (CEO) and Scott Salpeter (COO/CFO); targeting established profitable businesses.
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