OTG Acquisition Corp. I (NASDAQ:OTGAU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “OTGAU”, Friday, September 12, 2025.
The new SPAC intends to look for a target in the digital infrastructure services sector including data centers, power generation and communication technology.
OTG I is to be led by Chief Executive Officer Scott Troeller and Chief Financial Officer Joseph Dunfee. Steven Siesser, Wesley Cummins and Richard Nottenburg will serve on its Board.
Total SPAC deal count for 2025 year-to-date is now 89. This offering is expected to close on Monday, September 15, 2025.
B. Riley Securities is serving as the lead book-running manager for the offering. Northland Capital Markets and Lake Street are serving as joint book-runners for the offering. Lowenstein Sandler LLP is serving as Issuer’s Counsel with White & Chase LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

