Axiom Intelligence Acquisition Corp 1 Announces Pricing of $175,000,000 Initial Public Offering
New York, New York, June 17, 2025 (GLOBE NEWSWIRE) -- Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU) (the 'Company') today announced the pricing of its initial public offering of 17,500,000 units at a price of $10.00 per unit. The Company's units will be listed on the Nasdaq Global Market ('Nasdaq') under the symbol 'AXINU' and will begin trading on June 18, 2025. Each unit issued in the offering consists of one Class A ordinary share of the Company and one right to receive one tenth (1/10) of one Class A ordinary share upon the consummation of the Company's initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols 'AXIN' and 'AXINR,' respectively. The closing of the offering is anticipated to take place on or about June 20, 2025, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,625,000 units at the initial public offering price to cover over-allotments, if any.
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, the Company intends to focus its initial search on companies in the European infrastructure industry. The Company's management team is led by Richard Dodd, its Executive Chairman, Douglas Ward, its Chief Executive Officer, Daniel Mamadou-Blanco, its President, Rob Dilling Jr., its Chief Financial Officer and Chris Ackermann, its Chief Operating Officer. Dr. Claire Handby, Steven Leighton and Christopher Ellis are independent directors. Sankalp Shangari and Wendy Li are senior advisers.
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, acted as the lead book-running manager for the offering. Seaport Global Securities LLC acted as joint book-runner.
A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on June 17, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering is being made only by means of a prospectus, copies of which may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: [email protected]. Copies of the registration statement can be accessed for free through the SEC's website at www.sec.gov.
Forward-Looking Statements
This press release contains statements that constitute 'forward-looking statements,' including with respect to the initial public offering. No assurance can be given that such offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the offering filed with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.
Contact Information:
Axiom Intelligence Acquisition Corp 1
Richard Dodd, Executive Chairman / Doug Ward, Chief Executive Officer
[email protected]
2nd Floor, Berkeley Square House
Berkeley Square
London W1J 6BD, UK
T: +44 20 3973 7928
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
17 minutes ago
- Bloomberg
Darden Weighs Sale of Bahama Breeze Restaurant Chain
Darden Restaurants Inc. is considering 'strategic alternatives' for its Bahama Breeze chain, Chief Executive Officer Rick Cardenas said. Potential plans for the chain include selling the brand or converting the restaurants to other Darden brands, Cardenas said on an earnings call Friday.
Wall Street Journal
17 minutes ago
- Wall Street Journal
Fed's Waller Suggests Central Bank Could Cut Rates in July
Federal Reserve governor Christopher Waller said the central bank could be positioned to cut interest rates at its July meeting, notwithstanding potential inflation pressures from tariffs. 'I think we've got room to bring it down, and then we can kind of see what happens with inflation,' Waller told CNBC, saying the Fed should "look through" one-time price rises fueled by levies. 🔎 Read more:
Yahoo
17 minutes ago
- Yahoo
The 2 Best Stocks to Invest $1,000 Right Now
Amazon's workforce reduction could be going into hyperdrive. Equity ownership will be key in an AI-driven world. While Realty Income isn't pioneering new technologies, its business model is stable and recession-proof. 10 stocks we like better than Amazon › We are in a pivotal moment where new technologies like artificial intelligence (AI) and robotics could dramatically change the job market and make it harder to build wealth through employment. It is still unclear how this will play out over the long term. But this trend means it is more important than ever for people to acquire equity in public stocks to maintain access to the wealth-creating potential of big businesses. Let's explore why a $1,000 bet on shares in Amazon (NASDAQ: AMZN) or Realty Income (NYSE: O) could help investors preserve and grow their portfolios in this rapidly evolving economic landscape. With a market cap of $2.29 trillion, Amazon is already one of the largest companies in the world, and it isn't hard to see why. The diversified technology giant has had its fingers in many different megatrends, ranging from e-commerce to cloud computing, allowing it to achieve an incredible level of scale. Generative AI could unlock the next leg of growth. Amazon's AI strategy has two parts. One side focuses on providing computing power to other enterprises through its cloud services segment, Amazon Web Services (AWS). The second involves using AI technology internally to boost business efficiency and customer satisfaction. According to CEO Andy Jassy, Amazon is already using generative AI in "virtually every corner" of its operations. Much of these efforts focus on relatively minor improvements like shopping assistants and automated product detail pages. But investors should probably be most excited about the potential for workforce reductions. Management believes AI will allow Amazon to shrink its workforce even further over the coming years, allowing for dramatic profit growth even if its top line plateaus. With a forward price-to-earnings (P/E) multiple of 33, Amazon stock trades for a slight premium over the S&P 500's average of 29. But that looks fair, considering the company's dominant brand and profit growth potential. Unlike Amazon, Realty Income probably won't get a massive direct boost from AI technology -- although it has partnered with Digital Realty to build data centers. Nevertheless, the company is an excellent bet in this changing economy because its stable and diversified real estate portfolio helps ensure its business can thrive, no matter what happens. Since launching with its first client (a Taco Bell restaurant) in 1969, Realty Income has grown to become a behemoth in the real estate investment trust (REIT) industry, managing a portfolio of around 15,600 commercial properties across the U.S. and Europe. Its revenue streams are safe and reliable because of its use of net leases, which shift operational expenses like property tax, maintenance, and insurance to the tenant. The company also focuses on consumer defensive clients like grocery stores, dollar stores, and auto repair shops, which should maintain their business strength, even in a bad economy. In recent years, high interest rates have caused Realty Income's shares to underperform because of its capital-intensive business model. That said, it has continued to reliably increase its dividend payout, which now stands at a whopping 5.6% -- well above the S&P 500's average of 1.27%. Amazon and Income Realty are both excellent places to put $1,000, and they would fit nicely into a diversified portfolio. That said, they serve different investment strategies. Despite its vast size, Amazon is still the more growth-oriented pick because of its ability to implement AI-driven improvements to its operations. Realty Income is better for investors who want a safer and more defensive stock that will generate most of its returns through its large dividend payment. Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Will Ebiefung has positions in Realty Income. The Motley Fool has positions in and recommends Amazon, Digital Realty Trust, and Realty Income. The Motley Fool has a disclosure policy. The 2 Best Stocks to Invest $1,000 Right Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
