- Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXINU) completes $200 million IPO.
- Units trade on Nasdaq under symbol "AXINU".
- Company targets European infrastructure for acquisitions.
Axiom Intelligence Acquisition Corp 1 (AXINU, Financial) has successfully raised $200 million through its initial public offering by selling 20 million units at $10.00 per unit. This includes 2.5 million units from the partial exercise of the underwriters' over-allotment option. Each unit comprises one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon completing an initial business combination.
The Special Purpose Acquisition Company (SPAC) began trading on the Nasdaq Global Market on June 18, 2025, under the symbol "AXINU". Once the securities in the units begin separate trading, they will be listed under the symbols "AXIN" for Class A shares and "AXINR" for the rights.
Leading the SPAC are Executive Chairman Richard Dodd and CEO Douglas Ward, who will guide its focus on acquiring companies within the European infrastructure industry. Cohen & Company Capital Markets served as the lead book-running manager for the offering, with Seaport Global Securities acting as joint book-runner.
As a SPAC, AXINU is a blank check company established to acquire businesses with no specific target yet identified. It offers investors exposure to the expertise of its management team in the European infrastructure sector, with a typical 24-month timeframe to consummate an acquisition or return capital to investors.
