Talon Capital Corp. completes $249M SPAC IPO; targets energy & power M&A

Talon Capital Corp.

IPO of 24.9M units at $10/unit, gross proceeds $249M (including partial over-allotment exercise).
Private placement of 779,000 units to sponsor & underwriter raised $7.79M.
$249M net proceeds deposited in trust; business combination deadline Sept. 10, 2027.
Board appointed Shawn Reynolds and Thomas Simons; Charles Leykum remains CEO.
Units trade on Nasdaq under TLNCU; expects separate trading of TLNC and TLNCW.

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