Patriot Acquisition IPO raises $175 million after over-allotment units sale
Patriot Acquisition Corp Units Cons of 1 Sh A + 1/2 Red Wt PTACU | 0.00 | |
Patriot PTAC | 0.00 |
- Patriot Acquisition Corp. priced its Nasdaq IPO at USD 10 per unit, selling 17,500,000 units for gross proceeds of USD 175 million following a partial exercise of the over-allotment option.
- Units began trading May 15 under the ticker PTACU.
- Each unit includes one Class A ordinary share, plus one-half of one redeemable warrant exercisable at USD 11.5 per share.
- Class A shares, warrants expected to list separately on Nasdaq under PTAC, PTACW once unit separation begins.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patriot Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-060093), on May 21, 2026, and is solely responsible for the information contained therein.