Vernal Capital Acquisition Corp
VECA
New York Stock Exchange9.96
USD
-NaN
- -
CIK
0002081690
ISIN
KYG93Y7F1068
CUSIP
G93Y7F106
Return %
Stock
S&P500
1Y
0.50
18.21
3Y
0.50
64.38
5Y
0.50
72.43
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
- Jun Du
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 244 Fifth Avenue New York NY United States of America 10001
- IPO Date
- May 19, 2026
- CIK
- 0002081690
- Similar Companies
- Business
- Vernal Capital Acquisition Corp. is a Cayman Islands–incorporated blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more target businesses or entities, with a focus on identifying opportunities primarily in Asia. The company has no operating revenues and conducts no commercial operations prior to consummation of a business combination. It is headquartered in Hong Kong, with its investment efforts geared toward acquisitions that align with its stated mandate to pursue an initial business combination across private companies in Asia. Founding year is 2025. The company intends to pursue a diversified set of industries within the Asia-focused market, leveraging its platform to partner with private enterprises seeking public listing or strategic repositioning through a merger or acquisition. Subsidiaries and corporate relationships are limited to those necessary for governance and compliance as a Cayman Islands–based SPAC vehicle. Principal executive leadership and contact details are disclosed in regulatory filings, while the vehicle remains open to ongoing identification and evaluation of potential targets and strategic alternatives. Main products and services include: formation of a special purpose acquisition vehicle; identification, screening, and evaluation of potential business combination targets; structuring of mergers, share exchanges, asset acquisitions, and similar reorganization transactions; coordination of due diligence, negotiation, and execution of a qualifying transaction; ongoing investor communications and regulatory compliance activities related to the SPAC lifecycle. The company’s geographic focus spans Asia, with planned operations and potential targets in multiple regional markets, subject to regulatory approvals and market conditions. Recent public disclosures indicate the company completed its initial public offering in May 2026, with units listed on a major exchange and trading under the appropriate ticker symbols, marking the transition from a nascent shell to a listed acquisition vehicle. This includes announcements of pricing and closing of the IPO and the commencement of trading, signaling readiness to pursue a business combination strategy and capital deployment through its prospective partnerships and acquisitions. The latest changes reflect ongoing fundraising activity, public market listing, and a continued mandate to source and consummate a strategic combination with a private company, primarily located in Asia. The business segments emphasize financial services and corporate finance as core areas, with a focus on facilitating transformative corporate transactions, shareholder value creation, and strategic expansion through a single, consolidated vehicle. The company’s structure is designed to provide flexibility for future mergers or acquisitions, with governance aligned to standard SPAC practices and regulatory requirements.
Vernal Capital Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Rights Commencing May 19, 2026
Vernal Capital Acquisition Corp. Announces Closing of $100,000,000 Initial Public Offering
VERNAL CAPITAL ACQUISITION CORP. ANNOUNCES PRICING OF $100 MILLION INITIAL PUBLIC OFFERING