Abony Acquisition Corp. I 8-K

What Happened Abony Acquisition Corp. I (AACO) filed an 8-K reporting that its Form S-1 was declared effective on January 30, 2026 and that it closed its initial public offering on February 20, 2026. The company sold 23,000,000 units at $10.00 per unit (including a full 3,000,000‑unit over-allotment), generating gross proceeds of $230,000,000. Each Unit comprises one Class A ordinary share and one‑third of a redeemable warrant (one full Warrant entitles the holder to buy one Class A share at $11.50, subject to adjustment). Simultaneous with the offering, the company completed a private placement of 465,000 units to the Sponsor and 230,000 units to the Representative for $6,950,000 total. A total of $230,000,000 of the net proceeds was placed in a trust account for public shareholders, with Continental acting as trustee.

Key Details

• IPO and proceeds: 23,000,000 units sold at $10/unit; gross offering proceeds $230,000,000 (offering closed Feb 20, 2026).
• Private placement: 695,000 units (465,000 to Sponsor; 230,000 to Representative) at $10/unit, raising $6,950,000; no underwriting discounts/commissions paid on the private placement.
• Structure and documents: Units = 1 Class A share + 1/3 warrant; warrant exercise price $11.50. Company entered into an Underwriting Agreement (BTIG), Warrant Agreement and other transaction documents dated Feb 18, 2026 (filed as exhibits).
• Corporate governance and charter changes: Board effective Jan 30, 2026 consists of Lorne Abony, Eric Ludwig, Jacob Silverstein and Allan Cole; indemnity agreements were executed with those directors and officer Leo Kofman. Amended and restated memorandum and articles filed Jan 30, 2026 authorize up to 500,000,000 Class A shares, 50,000,000 Class B shares and 5,000,000 preference shares.

Why It Matters This 8-K confirms that Abony Acquisition Corp. I has completed its IPO and has capital held in a trust account to fund a future initial business combination (a typical SPAC structure). The trust protects public investors’ funds until a qualifying business combination or permitted redemptions occur. Investors should note the amount raised, warrant terms (exercise price and 1/3‑per‑unit structure), the private placement restrictions, and the announced board — all items that affect governance, potential dilution and timing/structure of any future deal.