$100M NASDAQ IPO

Transaction overview

Aetherium Acquisition Corp completed its initial public offering on NASDAQ, raising $100 million in trust capital to identify and merge with a technology-driven company in Southeast Asia. The offering was priced at $10.00 per unit, with each unit consisting of one share of Class A common stock and one-half of one redeemable warrant.

Our approach

The IPO process began with sponsor formation and SEC registration, followed by a targeted roadshow across major US and Asian institutional investors. We structured the offering to attract long-term holders with genuine interest in Southeast Asian technology, resulting in a high-quality shareholder base positioned for minimal redemptions at de-SPAC.

The result

The offering was oversubscribed within the first week of the roadshow, with 92% of units allocated to institutional investors. The efficient execution timeline of 14 weeks from S-1 filing to pricing demonstrated strong market receptivity to Aetherium’s differentiated thesis focused on ASEAN technology markets.