BITCOIN INFRASTRUCTURE ACQUISITION CORP LTD. announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit.
Each unit consists of one Class A ordinary share valued at $0.0001 and one-half of one redeemable warrant.
The units are expected to trade on Nasdaq under the ticker symbol 'BIXIU' starting on December 2, 2025.
Company Overview
BITCOIN INFRASTRUCTURE ACQUISITION CORP LTD. is a special purpose acquisition company focused on identifying businesses in the digital asset space.
Leadership Team
The leadership includes Chairman Parker White, CEO Ryan Gentry, and Director Vik Mittal, who also serves as the Managing Member and CIO of Meteora Capital, LLC.
Underwriters
Cohen & Company Capital Markets is the lead book running manager, and Clear Street LLC is the co-manager for the IPO.
Additional Units Option
Underwriters have been granted a 45-day option to purchase up to 3,000,000 additional units to cover over-allotments.
- The Company's target business sectors revolve around digital assets, Web3 technologies, financial services infrastructure, and blockchain-driven models.
- The pricing and structure of the IPO indicate favorable market conditions for companies focused on digitization and financial infrastructure.
BITCOIN INFRASTRUCTURE ACQUISITION CORP LTD.'s initial public offering signifies a strategic move into digital asset-centered business combinations, reflecting the growing trend towards digitization in financial sectors.