04:33 AM EDT, 09/09/2025 (MT Newswires) -- Talon Capital (TLNC) said late Monday it priced its initial public offering of 22.5 million units at $10 apiece.
IPO underwriters have a 45-day overallotment option to acquire up to 3,375,000 additional units.
Each unit consists of one class A share and one-third of a redeemable warrant, with each warrant exercisable at $11.50 per share.
The company expects its units to start trading on the Nasdaq Stock Market under the ticker symbol TLNCU Tuesday, while the class A shares and warrants will be listed under the symbols TLNC and TLNCW, respectively.
The offering is expected to close Wednesday.