Charlton Aria Acquisition Corporation (CHARU) Prices $75M IPO
by Nicholas Alan Clayton on 2024-10-24 at 10:18am

Charlton Aria Acquisition Corporation announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CHARU”, Thursday, October 24, 2024.

The new SPAC plans to focus on industries that complement the management team’s and board of director’s background and network.

The sponsor team for Charlton Aria is to be led by Chief Executive Officer and Chairman Robert W. Garner and Chief Financial Officer Yuanmei Ma. Its Board is to be made up of Stephen Markscheid, Umesh Patel and Mark Chaney.

Total SPAC deal count for 2024 year-to-date is now 41. This offering is expected to close on Friday, October 25, 2024.


Clear Street is serving as the sole book-running manager for the offering. Robinson Cole LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. MaloneBailey LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Recent Posts
by Nicholas Alan Clayton on 2024-11-19 at 8:20am

At the SPAC of Dawn Although the drought of new SPAC transactions is approaching one full month, that hasn’t stopped the dealmaking between de-SPACs themselves. Trump Media (NASDAQ:DJT) is reportedly in advanced talks to buy crypto and digital asset marketplace and 2021 de-SPAC Bakkt (NYSE:BKKT) in an all-stock deal, according to FT. The former target...

by Nicholas Alan Clayton on 2024-11-18 at 3:08pm

Columbus Acquisition Corp (NASDAQ:COLAU) has filed for a $57.5 million IPO to give its team a second vehicle in circulation to hunt for deals. The same team IPO’d Eureka (NASDAQ:EURK) in July at a slightly smaller $50 million scale and this new SPAC would improve upon some of that foray’s terms. Both SPACs managed to...

by Nicholas Alan Clayton on 2024-11-18 at 8:20am

At the SPAC of Dawn One week before Thanksgiving, SPACs are not filling up their plate with just five votes scheduled, all of which are extensions. Five of these are set to take place today, and investors are also set to get an update on one of the most successful de-SPACs of recent years. Industrial...

by Kristi Marvin on 2024-11-16 at 10:00am

Terms Tracker for the Week Ending November 15, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. The drought in De-SPAC deals continues without a single announced combination since October 23rd. That’s more than three weeks now with SPACs experiencing a dry...

by Nicholas Alan Clayton on 2024-11-15 at 11:28am

Few corners of the market have seen a bigger boost from the result of the US elections than the crypto industry, and SPACs are always sure to be drawn to where the action is. But, in crypto’s case, this is a play that SPACs have been involved in before, so the question is more of...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved