Axiom Intelligence Acquisition Corp. 1 (NASDAQ:AXINU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AXINU”, Wednesday, June 18, 2025.
The new SPAC plans to combine a European infrastructure target company potentially in the energy, digitization or transportation spheres.
Axiom 1’s management team is led by Executive Chairman Richard H. Dodd, Chief Executive Officer Douglas Ward, Chief Financial Officer W. Robert Dilling Jr., President Daniel Mamadou, and Chief Operating Officer. The Board also includes Dr. Claire Handby, Steven Leighton and Christopher Ellis.
Total SPAC deal count for 2025 year-to-date is now 57. This offering is expected to close on Friday, June 20, 2025.
Cohen & Company Capital Markets is acting as the lead book-running manager with Seaport Global Securities acting as joint book-runner for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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