Eureka Acquisition Corp Raises $50 Million in IPO

July 2, 2024 by No Comments

Eureka Acquisition Corp, a blank check company incorporated in the Cayman Islands and led by Chairman and Chief Executive Officer, Dr. Fen Zhang, has announced the pricing of its initial public offering (IPO) of 5,000,000 units at $10.00 per unit. Each unit comprises one Class A ordinary share and one right. Each right entitles the holder to receive one-fifth (1/5) of one Class A ordinary share. Trading of the units is expected to begin on the Nasdaq Capital Market under the ticker symbol “EURKU” on July 2, 2024. Upon separate trading, the Class A ordinary shares and rights will be traded on Nasdaq under the symbols “EURK” and “EURKR,” respectively. The offering is expected to close on July 3, 2024, subject to customary closing conditions.

Maxim Group LLC is serving as the sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to 750,000 additional units at the IPO price to cover potential over-allotments.

The U.S. Securities and Exchange Commission (SEC) declared effective a registration statement on Form S-1 (File No. 333-277780) relating to the securities to be sold in the IPO on July 1, 2024. The offering is being made solely through a prospectus. Copies of the prospectus relating to this offering can be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, or by visiting the SEC’s website, .

This press release does 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 where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that 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 statements that are “forward-looking statements,” including those related to the Company’s IPO and search for an initial business combination. There is no assurance that the offering discussed above will be completed on the stated terms or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Eureka Acquisition Corp, including those outlined in the Risk Factors section of Eureka Acquisition Corp’s registration statement and preliminary prospectus for the IPO filed with the SEC. Copies can be found on the SEC’s website, Eureka Acquisition Corp does not undertake 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