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Stock impact report

Bleichroeder Acquisition Corp. I Completes $250,000,000 Initial Public Offering

Bleichroeder Acquisition Corp. I - Unit (BACQU) 
Company Research Source: GlobeNewswire
NEW YORK, NY, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Bleichroeder Acquisition Corp. I (the “Company”) announced today the closing of its initial public offering of 25,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $250,000,000. The Company’s units began trading on November 1, 2024 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “BACQU.” Each unit consists of one Class A ordinary share of the Company 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. Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of units, $250,000,000 (or $10.00 per unit sold in the offering) was pla Show less Read more
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