ARC Group Securities Acquisition I has priced its initial public offering to raise $105 million, with plans to list its shares on the Nasdaq stock exchange, according to reporting by scanx.trade. The financial transaction marks a significant milestone for the corporate entity as it prepares for its upcoming public market debut.
Offering Details
| Component | Detail |
|---|---|
| Units Offered | 10,500,000 |
| Price Per Unit | $10.00 |
| Gross Proceeds | $105,000,000 |
| Over-Allotment Option | Up to 1,575,000 additional units |
| Warrant Exercise Price | $11.50 per share |
| Expected Closing Date | August 5, 2026 |
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