Irenic Acquisition Corp.
IACQW
NASDAQ Global Market0.60
USD
+0.05
- -
CIK
0002122505
ISIN
KYG4939F1239
Return %
Stock
S&P500
1Y
-14.29
19.99
3Y
-14.29
69.40
5Y
-14.29
72.03
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 Katz
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 767 5th Avenue New York NY Cayman Islands 10153
- IPO Date
- Jun 18, 2026
- CIK
- 0002122505
- Similar Companies
- Business
- Irenic Acquisition Corp. is a special purpose acquisition company organized to effect a merger, asset acquisition, share exchange, reorganization, or similar business combination with one or more target businesses. The company focuses on identifying opportunities primarily in aerospace, defense, and broader industrial sectors, while maintaining flexibility to pursue transactions across industries and geographies. Main products and services: SPAC formation and management; capital raising and trust deployment; strategic deal sourcing and due diligence; multi-stage financing arrangements including initial public offering units, private investments in public equity (PIPEs) and forward purchase commitments; merger integration planning and shareholder communications; post-transaction equity and warrant structure management; ongoing corporate governance and regulatory compliance services for the combined entity. Latest major company changes: completes initial public offering of units raising approximately $252.5 million in trust; lists on Nasdaq under the ticker IACQ.U with a 24-month window to complete a business combination; secures a forward purchase agreement potentially adding up to $50 million to financing; expands underwriting support with national and regional banks during the IPO process; establishes the sponsor team comprising Irenic Capital Management LP principals and affiliates; extends over-allotment option to improve funding flexibility; announces readiness to pursue aerospace, defense, and industrial targets with a strategic focus on those sectors; implements governance and warrant positioning terms typical for SPACs following IPO. Additional context: operates as a stock-listed vehicle designed to facilitate a rapid, capital-efficient route to a majority-owned operating company through a single business combination; targets corporate and financial sponsors, institutions, and diversified investors as potential shareholders; geographic scope remains open pending target selection, with intended emphasis on North American opportunities and select international prospects; subsidiaries and parent relationships are limited to the sponsor and management team, with the SPAC as an independent, standalone entity.