New York, NY, Oct. 31, 2024 (GLOBE NEWSWIRE) — Bleichroeder Acquisition Corp. I (the “Company”) announced today the pricing of its initial public offering of 25,000,000 units. The units are expected to be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and begin trading tomorrow, November 1, 2024, under the ticker symbol “BACQU.” Each unit consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of the Company’s initial business combination. Once the securities constituting the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols “BACQ” and “BACQR,” respectively. The offering is expected to close on November 4, 2024, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,750,000 units at the initial public offering price to cover over-allotments, if any.
Source: Bleichroeder Acquisition Corp. I Announces the Pricing of 0,000,000 Initial Public Offering