Art Technology Acquisition Corp. completes $220M IPO and $8.25M private placement

Art Technology Acquisition Corp.

IPO of 22,000,000 units at $10.00 per unit generated $220,000,000 gross proceeds.
Simultaneous private placement of 825,000 units at $10.00 per unit raised $8,250,000.
Of proceeds, $220,000,000 placed in trust for benefit of public shareholders.
Sponsor purchased 530,000 Private Placement Units; Clear Street purchased 295,000 units.
Balance sheet as of Jan 7, 2026: cash $3.1M, total assets $223.3M, shareholders' deficit ($5.8M).

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