Reported Earlier, Bold Eagle Acquisition Corp. Prices 25M Units At $10 Each In $250M Initial Public Offering
Portfolio Pulse from Benzinga Newsdesk
Bold Eagle Acquisition Corp. has priced its 25 million units at $10 each in a $250 million IPO. The units include one Class A ordinary share and one Eagle Share Right, which entitles the holder to 1/20th of a Class A ordinary share. The sponsor will reduce founder shares by the amount equal to the shares underlying the Eagle Share Rights.
October 24, 2024 | 8:27 am
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Bold Eagle Acquisition Corp. has launched a $250 million IPO with a unique warrantless structure. Each unit includes a Class A ordinary share and an Eagle Share Right, which entitles the holder to 1/20th of a Class A ordinary share.
The IPO of Bold Eagle Acquisition Corp. is likely to generate interest due to its unique structure, which could attract investors looking for innovative investment opportunities. The reduction in founder shares also suggests a commitment to shareholder value.
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