04:15 AM EDT, 06/18/2025 (MT Newswires) -- Axiom Intelligence Acquisition Corp. 1 (AXIN) said late Tuesday it priced its initial public offering of 17.5 million units at $10 each.
The blank-check company has granted a 45-day overallotment option to the underwriters to acquire up to 2.6 million additional units.
Each unit consists of one class A share and one right to receive one-tenth of a share upon the consummation of the company's initial business combination.
Axiom Intelligence said it expects its units to start trading on the Nasdaq Global Market under the symbol AXINU Wednesday, while its shares and rights are expected to be listed under the symbols AXIN and AXINR, respectively.
The IPO is expected to close by Friday.