---
title: "SPAC Aeon Acquisition I prices $125 million US IPO, targeting sports in Europe"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288573879.md"
description: "SPAC Aeon Acquisition I priced its IPO at $125 million, offering 12.5 million units at $10 each. Backed by The Aeon Group and Octagon Basketball Europe, the company targets European professional sports and entertainment businesses with enterprise values between $500 million and $1 billion. It will trade on Nasdaq under AESPU."
datetime: "2026-06-03T12:12:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288573879.md)
  - [en](https://longbridge.com/en/news/288573879.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288573879.md)
generator: "portal-rs"
---

# SPAC Aeon Acquisition I prices $125 million US IPO, targeting sports in Europe

Aeon Acquisition I, a blank check company backed by The Aeon Group and Octagon Basketball Europe, raised $125 million by offering 12.5 million units at $10. Each unit consists of one share of common stock, and one warrant to purchase a share, exercisable at $11.50, and one right to receive a one-fourth of one share at the time of the business combination.

Aeon Acquisition I is led by **CEO and Director Demetrios Malleos** and **CFO and Director Alan Lewis**, the co-founders of investment firm The Aeon Group. They are joined by **CIO and Director Georgios Panou** and **CSO Alex Saratsis**, who are affiliated with international basketball agency Octagon Basketball Europe.

The SPAC plans to target the professional sports and sports-related entertainment industries, with an emphasis on European markets, particularly European basketball. It plans to focus on businesses with enterprise values between $500 million and $1 billion.

The Miami, FL-based company will trade on the Nasdaq under the symbol AESPU. Chardan Capital Markets and D. Boral Capital acted as joint bookrunners on the deal.

### Related Stocks

- [AESPU.US](https://longbridge.com/en/quote/AESPU.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**