Wilco 63 closes $230M IPO; $230M placed in trust for acquisition

Wilco 63 Corp

Priced 23M units at $10/unit (including full over-allotment), gross proceeds $230M.
Each unit consists of one Class A ordinary share and one-half warrant exercisable at $11.50.
Simultaneous private placement of 5M warrants at $1 each to sponsor and Cantor for $5M.
IPO proceeds of $230M deposited into trust account; 24 months to complete initial business combination.
Board appointed: James Reynolds, Sriram Ramanathan, Matt Swann, Joseph Bradley as independent directors.

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