Patriot Acquisition prices USD 160 million IPO of 16,000,000 units
Patriot Acquisition Corp Units Cons of 1 Sh A + 1/2 Red Wt PTACU | 0.00 | |
Patriot PTAC | 0.00 |
- Patriot Acquisition Corp. priced an IPO of 16,000,000 units for gross proceeds of USD 160 million.
- Units are set to list on the Nasdaq Global Stock Market under PTAC.
- Each unit includes one Class A ordinary share, one-half of one redeemable warrant.
- Each whole warrant allows the purchase of one Class A ordinary share at USD 11.5 per share.
- Underwriters hold a 45-day option to buy up to 2,400,000 additional units to cover over-allotments.
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: 0001213900-26-058517), on May 18, 2026, and is solely responsible for the information contained therein.