Abony Acquisition Corp. I closes $230 million IPO and places proceeds in trust
On February 20, 2026, Abony Acquisition Corp. I closed its initial public offering of 23,000,000 units at $10.00 per unit, including 3,000,000 units from the underwriters' full over-allotment exercise, for $230 million in gross proceeds. The full $230 million was placed in a U.S.-based trust account, and the company has not yet selected a business combination target. Shareholders' public funds are held in trust until a business combination, a shareholder-approved redemption, or liquidation, and the company has 24 months from the IPO closing to complete a business combination.
Key points
- IPO of 23,000,000 units at $10.00 per unit, closed February 20, 2026, for $230 million in gross proceeds
- Each unit includes one Class A ordinary share and one-third of one redeemable warrant exercisable at $11.50 per share
- Private placement of 695,000 units at $10.00 per unit for $6.95 million to the sponsor, Abony Sponsor I LLC (465,000 units), and BTIG, LLC (230,000 units)
- $230 million placed in trust with Continental Stock Transfer & Trust Company; the company has 24 months to complete a business combination
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.