other material
confidence high
sentiment positive
materiality 0.50
Averin Capital Acquisition Corp. closes partial IPO over-allotment; raises additional $33.9M
Averin Capital Acquisition Corp.
- Underwriters partially exercised over-allotment option for 3,386,008 additional units at $10.00/unit.
- Additional gross proceeds of ~$33.86M; total IPO units increased to 28,386,008.
- Total gross proceeds from IPO and private placement placed in trust: $283,860,080.
- Remaining over-allotment option covers up to 363,992 additional units.
- Private placement of 200,000 units to Sponsor for $2M closed simultaneously with IPO.