Irenic Acquisition Corp. (IACQU) Prices $220M IPO

Irenic Acquisition Corp. (NASDAQ:IACQU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IACQU” on Tuesday, April 28, 2026.

The new SPAC plans to combine with a company in the aerospace, defense or broader industrial sectors.

Irenic Acquisition Corp. is to be led by Chief Executive Officer Adam Katz, Chief Financial Officer Matthew Kupersmith and President E-Fei Wang. Paul Adams, Krik S. Hachigian, and Larry A. Lawson will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 69. This offering is expected to close on Wednesday, April 29, 2026.

Jefferies is acting as the sole book running manager for the offering. Odeon Capital Group LLC is acting as co-manager. White & Case LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. CBIZ CPAs, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.