Indigo Acquisition Corp. closes $100 million IPO of 10 million units at $10.00 each
Indigo Acquisition Corp., a Cayman Islands blank check company, closed its initial public offering on July 2, 2025, selling 10,000,000 units at $10.00 per unit for gross proceeds of $100 million. The $100 million is held in a trust account, and the company has no operations until it completes a business combination, which it must do within 21 months of the closing or return the trust funds to public shareholders.
Key points
- IPO closed July 2, 2025: 10,000,000 units at $10.00 per unit, gross proceeds of $100 million
- Each unit includes one ordinary share and one right to receive one-tenth of an ordinary share upon completing a business combination
- Private placement of 350,000 units at $10.00 each, for $3.5 million, sold to sponsor Indigo Sponsor Group, LLC and EarlyBirdCapital, Inc.
- $100 million deposited in the trust account; company has 21 months from closing to complete a business combination
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 July 09, 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.