- CEO
- James S. Cassel
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Brickell Avenue Miami FL Cayman Islands 33131
- IPO Date
- Jul 1, 2025
- Business
- Indigo Acquisition Corp., a Cayman Islands exempted blank check company founded in 2024 and headquartered at 801 Brickell Avenue, Suite 1900, Miami, Florida, operates as a special purpose acquisition company focused on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more established, profitable businesses possessing attractive market positions and growth potential across any industry or geographic region; its securities consist of units trading on Nasdaq under INACU, each comprising one ordinary share and one right to receive one-tenth of an ordinary share upon completion of an initial business combination, with ordinary shares and rights trading separately as INAC and INACR since July 30, 2025. The company raised $115 million in its initial public offering on July 1, 2025, followed by the full exercise of the underwriters' over-allotment option for an additional 1.5 million units at $10.00 each, generating $15 million in gross proceeds and closing on July 11, 2025; EarlyBirdCapital served as book-running manager and IB Capital as co-manager. Led by Chairman and CEO James S. Cassel and COO and CFO Scott Salpeter, both co-founders of middle-market investment bank Cassel Salpeter & Co., the company has attracted significant investor interest, including Wealthspring Capital LLC's acquisition of 795,400 shares on September 30, 2025, representing 2.05% of the firm's portfolio, with no initial business combination announced as of December 2025.