Irenic Acquisition Corp. Unit
IACQU
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Adam Jason Katz
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 767 Fifth Avenue New York NY United States of America 10153
- IPO Date
- Apr 28, 2026
- CIK
- 0002122505
- Website
- irenic.com
- Similar Companies
- Business
- Irenic Acquisition Corp. Unit (IACQU) is a special purpose acquisition company formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, with a focus on the aerospace, defense, and broader industrial sectors; the company operates as a SPAC sponsored by Irenic Capital Management LP, intends to search globally for suitable targets, and plans to integrate a target with strong strategic fit and growth potential after completion of a business combination. Company overview: Irenic Acquisition Corp. Unit functions as a blank-check vehicle designed to facilitate a targeted acquisition; it trades on the Nasdaq as IACQU (units), with individual components expected to trade as IACQ (Class A ordinary shares) and IACQW (warrants) upon separation; the initial public offering funds are deployed to support identified merger opportunities, with a typical closing window following initial listing. Founding and headquarters: The company is formed as a SPAC in 2026 and operates under the auspices of Irenic Capital Management LP, with headquarters in the United States; governance and management are aligned with Irenic’s investment philosophy and investment team. Latest major changes: In 2026, Irenic Acquisition Corp. Unit files for a $220 million IPO and prices the offering at $10.00 per unit, with 22,000,000 units initially offered and underwriters granted an over-allotment option to purchase up to 3,300,000 additional units; listings on Nasdaq are scheduled to begin for the units on or around April 28, 2026, with subsequent trading of the shares and warrants anticipated upon completion of the initial merger vehicle framework; the offering is managed by Jefferies as sole book-running manager; these steps reflect the company’s strategic push to accelerate a timely business combination within aerospace, defense, and industrial markets. Geographic and market footprint: While the SPAC structure inherently targets opportunities across jurisdictions, Irenic Acquisition Corp. Unit emphasizes aerospace, defense, and industrial opportunities with potential cross-border relevance; the client and partner ecosystem is oriented toward U.S. and international targets within its stated sectors, with a focus on growth-oriented and strategically aligned acquisitions. Subsidiaries and parent relationships: The company operates as a standalone SPAC under the sponsorship of Irenic Capital Management LP; there is no separate operating subsidiary disclosed at the SPAC level, though eventual corporate structure will include a post-merger target entity absorbed into or aligned with the SPAC vehicle. Industry context: The firm sits at the intersection of special purpose acquisition vehicles and aerospace/defense/industrial consolidation; it seeks to leverage sector expertise and sponsor leadership to identify a high-potential business combination, followed by value creation through strategic execution, scale, and operational improvements.