05:57 PM EST, 01/27/2026 (MT Newswires) -- Space Asset Acquisition (SAAQ/SAAQU) said late Tuesday it priced an initial public offering of 20 million units at $10 apiece.

The company offered underwriters a 45-day overallotment option to buy up to an additional 3 million units, the company said.

The units are expected to begin trading on Nasdaq on Wednesday under the ticker SAAQU.

Each unit comprises a class A common share and one-third of a redeemable warrant, with each warrant exercisable to buy a class A share at $11.50 apiece, according to the blank check company.

When the securities comprising the units start separate trading, the class A shares and warrants will be listed on Nasdaq under the tickers SAAQ and SAAQW, respectively, the company said.

The offering is expected to close on Jan. 29, subject to closing conditions, according to a statement.