Activate Energy Acquisition Corp. Announces Closing of $230,000,000 Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option

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Activate Energy Acquisition Corp. successfully closed its initial public offering, raising $230 million by selling 23 million units at $10 each. The full exercise of the underwriters' over-allotment option indicates strong demand for the offering.

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Market impact analysis based on bullish sentiment with 79% confidence.

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Bullish
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79%

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GRAND CAYMAN, Cayman Islands, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Activate Energy Acquisition Corp. (Nasdaq: AEAQU) (the “Company”) today announced that it closed its initial public offering of 23,000,000 units at $10.00 per unit, including the issuance of 3,000,000 units as result of the underwriters’ exercise of its over-allotment option in full. The gross proceeds from the offering were $230 million before deducting underwriting discounts and estimated offering expenses. The units began trading

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المقال الكامل على Unknown
قراءة المقال الكامل
المقال الأصلي منشور بواسطة Unknown في ديسمبر 5, 2025.
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