Voyager Acquisition Corp. Announces Closing of $253,000,000 Initial Public Offering
August 12 2024 - 3:23PM
Voyager Acquisition Corp. (Nasdaq: VACHU) (the “Company”) today
announced that it closed its initial public offering of 25,300,000
units at $10.00 per unit, including the issuance of 3,300,000 units
as result of the underwriters’ exercise of its over-allotment
option in full. The gross proceeds from the offering were $253
million before deducting underwriting discounts and estimated
offering expenses. The units began trading on the Nasdaq Global
Market (“Nasdaq”) under the ticker symbol “VACHU” on August 9,
2024.
Each unit consists of one Class A ordinary share
and one-half of one redeemable warrant. Each whole warrant entitles
the holder to purchase one Class A ordinary share of the Company at
a price of $11.50 per share. Once the securities comprising the
units begin separate trading, the Class A ordinary shares and
warrants are expected to be listed on Nasdaq under the symbols
“VACH” and “VACHW”, respectively.
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.
Cantor Fitzgerald & Co. acted as the sole
book-running manager in the offering. Odeon Capital Group LLC acted
as co-manager of the offering. The Company has granted the
underwriters a 45-day option to purchase up to an additional
3,300,000 units at the initial public offering price to cover
over-allotments, if any.
The offering was made only by means of a
prospectus, copies of which may be obtained from Cantor Fitzgerald
& Co., Attn: Capital Markets, 499 Park Avenue, 5th Floor, New
York, New York, 10022; Email: prospectus@cantor.com, or from the
SEC website at www.sec.gov.
A registration statement relating to these
securities was declared effective by the Securities and Exchange
Commission (“SEC”) on August 8, 2024.
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:
Voyager Acquisition Corp.Mr. Adeel RoufChief
Executive Officer, and Director131 Concord StreetBrooklyn, NY
11201Email: adeel@voyageracq.com
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