04:20 AM EDT, 05/16/2025 (MT Newswires) -- Wen Acquisition (WENN) said late Thursday it priced its initial public offering of 26.1 million units at $10 per unit.

Each unit consists of one class A ordinary share and half of a redeemable warrant, with each whole warrant exercisable at $11.50 per share.

The company said the units will begin trading on Friday on Nasdaq under the ticker symbol "WENNU." The shares and warrants will later trade separately under the tickers "WENN" and "WENNW," it said.

Underwriters have a 45-day option to purchase up to about 3.9 million additional units, the company said.