Infinite Eagle Acquisition completes $300 million IPO, places proceeds in trust
Infinite Eagle Acquisition Corp. closed its initial public offering of 30,000,000 units at $10.00 per unit, for gross proceeds of $300,000,000, on January 20, 2026. Of the total, $300,000,000 including the $3,000,000 from a private placement was placed in a trust account, and funds will generally stay in trust until a business combination, redemption, or a shareholder-approved charter change. The company is a blank check company with no identified target, so shareholders' capital is held in trust pending a future combination.
Key points
- 30,000,000 units sold at $10.00 per unit for gross proceeds of $300,000,000; underwriters have a 45-day option for up to 4,500,000 additional units
- $297,000,000 of IPO proceeds, including $10,500,000 of deferred underwriting discount, plus $3,000,000 from 350,000 private placement shares at $10.00 per share, was placed in trust at J.P. Morgan Chase Bank, N.A.
- The company has 24 months from the IPO closing to complete an initial business combination, or 30 months if a letter of intent or agreement is signed within 24 months
- Jason Park, Matt Shenkman, Dr. Prineha Narang, Richard D. Bronson and Simon Watson were appointed to the board on January 15, 2026, and each received membership interests in the sponsor representing 25,000 Class B ordinary 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 January 20, 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.