09:08 AM EDT, 10/03/2025 (MT Newswires) -- AI Infrastructure Acquisition said Friday that it has priced its initial public offering of 12 million units at $10 apiece.
The special purpose acquisition company said each unit comprises one class A ordinary share and one right that entitles the holder to get one-fifth of one class A ordinary share upon consummation of its initial business combination.
The units are expected to trade on the New York Stock Exchange under the ticker symbol "AIIAU" starting this Friday, AI Infrastructure said.
The company said that once the securities comprising the units start trading separately, the class A ordinary shares and the rights are anticipated to be traded on the exchange under the symbols "AIIA" and "AIIAR," respectively.
AI Infrastructure said it gave the underwriters a 45-day option to buy up to 1.8 million more units to cover any overallotments.
The offering is expected to close Monday.