Charlton Aria Acquisition Corp. Announces Pricing of $75,000,000 Initial Public Offering
October 24 2024 - 9:15AM
Charlton Aria Acquisition Corporation (Nasdaq: CHARU) (the
“
Company”) announced today the pricing of its
initial public offering of 7,500,000 units at $10.00 per unit. The
units are expected to be listed on the Nasdaq Global Market
(“
Nasdaq”) and trade under the ticker symbol
“CHARU” beginning October 24, 2024. Each unit consists of one Class
A ordinary share and one right to receive one-eighth of one Class A
ordinary share. Once the securities comprising the units begin
separate trading, the Class A ordinary shares and rights are
expected to be listed on Nasdaq under the symbols “CHAR” and
“CHARR”, respectively. The underwriter has been granted a 45-day
option to purchase up to an additional 1,125,000 units offered by
the Company to cover over-allotments, if any. The offering is
expected to close on October 25, 2024, subject to customary closing
conditions.
The Company is a blank check company incorporated as an exempted
company under the laws of the Cayman Islands, which will seek to
effect a merger, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more
businesses or entities. While it may pursue an acquisition
opportunity in any business, industry, sector or geographical
location, it intends to focus on industries that complement the
management team’s and board of director’s background and network,
and to capitalize on the ability of its management team and board
of directors to identify and acquire a business.
Clear Street is acting as the sole book-running manager in the
offering.
A registration statement on Form S-1 (333-282313) relating to
these securities has been filed with the Securities and Exchange
Commission (“SEC”), and was declared effective on October 24, 2024.
The offering is being made only by means of a prospectus. Copies of
the prospectus may be obtained, when available, from Clear Street,
Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New
York, NY 10007, by email at ecm@clearstreet.io, or from the
SEC website at www.sec.gov.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
The Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based. No
assurance can be given that the offering discussed above will be
completed on the terms described, or at all. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
Risk Factors section of the Registration Statement and related
preliminary prospectus filed in connection with the initial public
offering with the SEC. Copies are available on the SEC's
website, www.sec.gov.
Contact Information:Charlton Aria Acquisition
Corp. Mr. Robert W. Garner Chairman, Chief Executive Officer, and
Director 221 W 9th St #848Wilmington, DE
19801Email: ceo@charltonaria.com
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