Daedalus Special Acquisition Corp. closes upsized $250M IPO on Nasdaq
Daedalus Special Acquisition Corp.
- Sold 25M units at $10 each, including 2.5M from partial exercise of over-allotment; gross proceeds $250M.
- Units (DSACU) consist of one Class A ordinary share and one-fourth warrant; warrants exercisable at $11.50.
- Units began trading on Nasdaq Global Market on Dec. 9, 2025; ordinary shares (DSAC) and warrants (DSACW) will trade later.
- Simultaneous private placement of 685,000 units at $10 each to sponsor and BTIG, raising $6.85M.
- Total $250M (incl. $8.75M deferred underwriting fees) deposited in trust for public shareholders.