Abony Acquisition Corp. I Closes $230M IPO | AACOU

Abony Acquisition Corp. I successfully closed its initial public offering (IPO) on February 20, 2026, raising $230 million, according to a statement released by the company. The offering included the full exercise of the underwriter’s over-allotment option of 3,000,000 units.

A total of 23,000,000 units were sold at $10.00 per unit. Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustments.

The units began trading on the Nasdaq Global Market tier under the ticker symbol “AACOU” on February 19, 2026. The company anticipates that the Class A ordinary shares and warrants will trade separately on Nasdaq under the symbols “AACO” and “AACOW,” respectively, once they begin separate trading.

In addition to the IPO, Abony Acquisition Corp. I completed a concurrent private placement of 695,000 units at the same price of $10.00 per unit, generating gross proceeds of $6,950,000. Abony Sponsor I LLC purchased 465,000 of these private placement units, whereas BTIG, LLC acquired the remaining 230,000 units.

Proceeds from both the IPO and the private placement, totaling $230 million, have been placed in trust, according to the company. These funds are intended to be used to facilitate a business combination and to cover working capital expenses following the offering.

Abony Acquisition Corp. I plans to target businesses with enterprise values between $750 million and $1.5 billion, focusing on industries where its management team has expertise. BTIG, LLC served as the book-running manager for the IPO.