AI Infrastructure Acquisition Corp. closes $138 million IPO; funds placed in trust
AI Infrastructure Acquisition Corp. closed its initial public offering of 13.8 million units at $10.00 per unit on October 6, 2025, generating $138 million in gross proceeds, including the full exercise of the underwriters' over-allotment option. The full $138 million was placed in a U.S.-based trust account, and the company has until April 6, 2027 to complete a business combination, with the filing stating it has not yet selected a target.
Key points
- 13.8 million units sold at $10.00 each, including 1.8 million from full exercise of the over-allotment option, for $138 million in gross proceeds
- 407,000 private placement units sold for $4.07 million: 269,000 to AIIA Sponsor Ltd. and 138,000 to Maxim Partners LLC
- $138 million held in a trust account maintained by Odyssey Transfer and Trust Company as of October 6, 2025
- Deadline to complete a business combination is April 6, 2027 (18 months); transaction costs were about $3.105 million
The filing
Written by AI on Nov 9, 2026, 11:46 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 October 10, 2025.
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.