- CEO
- Andrew Lipsher
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 16941 Clearlake Avenue Lakewood Ranch FL United States of America 34202
- IPO Date
- May 9, 2025
- Business
- EGH Acquisition Corp. (EGHAU) is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with a focus on the broad power market, energy transition, and sustainability sectors; it targets industries requiring reliable, cost-effective power or innovative decarbonization solutions, such as grid modernization, renewable energy capacity enhancement, energy distribution infrastructure, and electricity transmission efficiency improvements. Incorporated in the Cayman Islands in January 2025 and headquartered in Saint Petersburg, Florida, the company completed a $150 million initial public offering of 15 million units at $10 each on May 12, 2025, listed on Nasdaq under EGHAU, each unit comprising one Class A ordinary share and one right for one-tenth of a Class A ordinary share upon business combination consummation; it concurrently raised $5 million through private placement units to sponsor EGH Sponsor LLC and underwriters Cohen & Company Capital Markets and Seaport Global Securities. The company has generated no revenue, maintains no operations beyond seeking a target, and as of its latest quarterly report for the period ended September 30, 2025, holds marketable securities in trust from IPO proceeds with net income driven by interest earnings; it reports ongoing general and administrative costs, a deferred underwriting fee of up to $6 million payable at combination close, and a 24-month deadline to complete a deal or face liquidation, with no business combination target identified, no substantive discussions initiated, and recent investor interest including AQR Capital Management LLC's acquisition of a 7.85% stake in June 2025.