ARC Group Securities Acquisition I announced the pricing of its $105 million initial public offering, consisting of 10,500,000 units priced at $10.00 per unit. The Company’s units are expected to begin trading on the Nasdaq under the ticker symbol FJDIU, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.
The Company is a special purpose acquisition company (SPAC) formed to pursue a business combination with one or more operating businesses. The underwriters were granted a 45-day over-allotment option to purchase up to an additional 1,575,000 units to cover over-allotments, if any. The offering is expected to close on or about August 6, 2026, subject to the satisfaction of customary closing conditions.
Lucosky Brookman LLP served as legal counsel to ARC Group Securities Acquisition I in connection with the initial public offering.
