Irenic Acquisition Corp. adds $32.5 million to trust via over-allotment units
Irenic Acquisition Corp., a blank-check company, closed the sale of 3,253,188 over-allotment units on May 1, 2026, raising $32,531,880 in gross proceeds. Those funds, plus a related private placement, brought the trust account to $252,531,880. The filing is an administrative update on the company's capital structure and includes a pro forma balance sheet as of May 1, 2026.
Key points
- On May 1, 2026, underwriters partially exercised the over-allotment option, buying 3,253,188 units at $10.00 each for $32,531,880.
- Additional private placement units totaled 65,064 at $10.00 each ($650,640), with 32,532 units sold to the sponsor and 32,532 to Jefferies LLC and Odeon Capital Group LLC.
- The trust account holds $252,531,880 in total after the deposit.
- The sponsor forfeited 11,703 founder shares and holds 6,313,297 founder shares.
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 May 07, 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.