other material
confidence high
sentiment neutral
materiality 0.50
Averin Capital Acquisition Corp. closes $250M IPO and private placement; trust funded
Averin Capital Acquisition Corp.
- Closed IPO of 25M units at $10.00/unit for gross proceeds of $250M; each unit consists of one Class A ordinary share and 1/6 warrant.
- Sponsor purchased 200,000 private placement units at $10.00/unit, gross proceeds of $2M.
- $250M deposited into trust account ($10.00 per unit) with Continental Stock Transfer & Trust as trustee.
- Audited balance sheet as of Feb 20, 2026: total assets $250.7M, trust $250M, shareholders' deficit $13.4M.
- Auditor's report includes going concern doubt due to significant costs in pursuit of acquisition plans.