Abony Acquisition Corp. I secures $253M in Nasdaq IPO for future mergers
Abony Acquisition Corp. I has completed its initial public offering (IPO) on Nasdaq under the ticker symbol 'AACOU'. The blank check company raised a total of $253 million through the IPO and a private placement. The funds will be used to pursue a business combination in sectors like defence technology, computing, or media.
The offering included 23 million units priced at $10.00 each, with an additional 3 million units issued after underwriters exercised their full over-allotment option.
The IPO closed successfully, with each unit consisting of one Class A ordinary share and one-third of a redeemable warrant. These warrants can be exercised at $11.50 per share. Trading of the units began on February 19, 2026.
Alongside the IPO, the company secured a private placement of 695,000 units at the same price, raising an additional $6.95 million. Abony Sponsor I LLC bought 465,000 units, while BTIG, LLC, the sole book-running manager, acquired 230,000 units. A total of $230 million from the combined proceeds has been placed in trust for future acquisitions.
Abony Acquisition Corp. I is targeting a business combination with an enterprise value between $750 million and $1.5 billion. As of February 2026, the company has not publicly named any specific targets in its focus sectors. SEC filings, including the S-1 registration, outline broad interest in defence technology, advanced computing, software, and media but do not list concrete candidates.
Net proceeds from the offering will fund the initial business combination and cover working capital needs.
The company now has $230 million in trust to pursue a merger or acquisition. With no specific targets announced yet, the focus remains on sectors like defence technology, computing, and media. The next steps will depend on identifying a suitable business combination within the stated valuation range.
