US Edition
ProCap Acquisition Corp Announces Closing of Upsized $250 Million Initial Public Offering
- ProCap Acquisition Corp completed an expanded IPO in New York from May 20 to 22, 2025, issuing 25 million units and raising $250 million.
- The offering followed SEC approval of a registration statement on May 20, 2025, enabling the sale and Nasdaq listing under ticker PCAPU.
- Each unit includes one Class A ordinary share and one-third of a warrant exercisable at $11.50, with trading starting May 21, 2025 on Nasdaq.
- BTIG acted as sole book-running manager, Reed Smith LLP as legal counsel to the Company, with forward-looking statements addressing use of proceeds and business search.
- The Company, led by CEO Anthony Pompliano, is a blank check firm formed to complete a business combination, preferably in financial technology.
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77 Articles
InsideNoVA.com
ProCap Acquisition Corp Announces Closing of Upsized $250 Million Initial Public Offering
New York, May 22, 2025 /PRNewswire/ -- ProCap Acquisition Corp (the "Company") announced today the closing of its upsized initial public offering of 25,000,000 units, which includes 3,000,000 units issued pursuant to the partial exercise by the underwriters of their…
Anthony Pompliano Says Dollar Debasement Will Skyrocket Asset Prices, Says 'It Is Now Clear There Is A Near Zero Percent Chance…' - ProCap Acquisition (NASDAQ:PCAPU)
Bitcoin (CRYPTO: BTC) advocate Anthony Pompliano believes it is clear to him that America will not balance its budget and that a weaker dollar will keep pushing up the prices of financial assets.
Crypto-Focused SPAC Led by Pompliano Surges 7% on Nasdaq Following Upsized IPO
In a significant development for the cryptocurrency and investment sectors, Anthony Pompliano’s special purpose acquisition company (SPAC) witnessed a commendable 7% rise following its Nasdaq debut. The uptick highlights increased investor interest amid a surge of enthusiasm in blockchain and digital currencies. Impressive Debut and Market Dynamics The SPAC, cleverly named Pomp Investments Corp I, soared to new heights as it upsized its initial …
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