other material
confidence high
sentiment neutral
materiality 0.60
Viking Acquisition Corp. I closes IPO and private placement, raising $236.6M total
Viking Acquisition Corp I
- IPO of 23,000,000 units at $10.00/unit, gross proceeds $230,000,000.
- Private placement of 660,000 units to sponsor ($3.5M) and Cohen & Company ($3.1M) for $6.6M total.
- $230M deposited into trust account at JPMorgan Chase, trustee Continental Stock Transfer.
- Audited balance sheet: $231.5M total assets, $230M in trust, $7.8M shareholders' deficit.
- Company has 24 months from November 3, 2025, to complete initial business combination.