Eureka Acquisition Corp Completes $50 Million IPO

July 4, 2024 by No Comments

Shanghai, July 03, 2024 — Eureka Acquisition Corp, a special purpose acquisition company (SPAC) incorporated in the Cayman Islands, announced today the successful completion of its initial public offering (IPO). The company issued 5,000,000 units at $10.00 per unit, raising $50,000,000 in gross proceeds. Each unit comprises one Class A ordinary share and one right. The right entitles the holder to receive one-fifth (1/5) of one Class A ordinary share upon the completion of an initial business combination. Trading of the units commenced on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “EURKU” on July 2, 2024. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the rights are expected to be traded on Nasdaq under the symbols “EURK” and “EURKR,” respectively.

The underwriters have been granted a 45-day option to purchase up to an additional 750,000 units at an offering price of $10.00 per unit to cover any over-allotments.

Maxim Group LLC served as the sole book-running manager for the offering.

The SEC declared effective the registration statement on Form S-1 (File No. 333-277780) relating to the securities sold in the IPO on July 1, 2024. The offering was made exclusively through a prospectus, copies of which can be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, or by accessing the SEC’s website, .

This press release should not be interpreted as 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 where such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Eureka Acquisition Corp

Eureka Acquisition Corp is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Forward-Looking Statements

This press release contains forward-looking statements, including those regarding the Company’s IPO, underwriters’ exercise of the over-allotment option, and the search for an initial business combination. There is no guarantee that the net proceeds of the offering will be used as outlined. Forward-looking statements are subject to numerous conditions, many of which are beyond Eureka Acquisition Corp’s control, including those detailed in the Risk Factors section of Eureka Acquisition Corp’s registration statement and prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, . Eureka Acquisition Corp does not assume any obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact Information:
Fen Zhang
Chairman and Chief Executive Officer
Tel: +86 135 0189 0555