Snow Rothschild Acquisition closes $200 million IPO, with $226 million in trust
Snow Rothschild Acquisition Corp., a blank check company, closed its initial public offering of 20,000,000 units at $10.00 per unit on June 10, 2026, generating $200 million in gross proceeds. On June 12, 2026, underwriters partially exercised their over-allotment option and bought 2,600,000 additional units for $26 million. Under the filing, $226 million of total IPO proceeds and private placement proceeds was placed in a U.S. trust account, and those funds are not released until a business combination or redemption of public shares.
Key points
- 20,000,000 units at $10.00 each closed June 10, 2026, for $200 million in gross proceeds
- 2,600,000 over-allotment units were purchased June 12, 2026, for $26 million
- $226 million placed in trust, including $6.78 million of deferred underwriting commissions
- Trust funds are released only upon a business combination or redemption, with a 24-month window (27 months if a definitive agreement is signed)
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 June 12, 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.