Abony Acquisition Corp. I announced the pricing of its initial public offering of 20 million units at a price of $10.00 per unit, raising $200 million in gross proceeds. The units are expected to commence trading on Nasdaq on February 19, 2026 under the ticker symbol "AACOU."
Each unit is structured to include one Class A ordinary share and one-third of one redeemable warrant. Under the offering terms, each whole warrant will permit the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, subject to customary adjustments. When the securities begin trading separately, the Class A ordinary shares and the warrants are expected to trade on Nasdaq under the symbols "AACO" and "AACOW," respectively.
The underwriters have been granted a 45-day option to buy up to an additional 3 million units at the IPO price to cover over-allotments. BTIG, LLC is named as the sole book-running manager for the public offering. The registration statement for the offering was declared effective by the U.S. Securities and Exchange Commission on January 30, 2026.
The closing of the offering is expected to occur on February 20, 2026 and remains subject to customary closing conditions. Abony Acquisition Corp. I is organized as a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The company has stated it intends to concentrate its efforts on prospective targets with enterprise values in the approximate range of $750 million to $1.5 billion. Management indicated a preference for opportunities that align with its background in defense technology, advanced computing, software and media sectors.
Context and mechanics - The offering creates a bundle of equity and partial warrants that will split into separately tradable securities once trading in the individual components begins. The structure and terms, including the warrant exercise price of $11.50 and the underwriter over-allotment option, were detailed in the registration materials.