other material
confidence high
sentiment neutral
materiality 0.50
Calisa Acquisition Corp closes $60M IPO, $2.525M private placement; trust funded
Calisa Acquisition Corp
- IPO of 6M units at $10/unit closed Oct 23, gross proceeds $60M; $60M deposited in trust.
- Private placement of 252,500 units to sponsors and underwriter rep at $10/unit for $2.525M.
- Audited balance sheet: $60M in trust, $658k cash, $580k equity; going concern doubt due to 18-month deadline.
- Underwriters terminated over-allotment option; 300k sponsor shares will be forfeited and cancelled.