Space Asset Acquisition Corp. closed $230M IPO with 23M units at $10.00 per unit, including 3M exercisable underwriters'…
Space Asset Acquisition Corp. disclosed the completion of its initial public offering in Princeton, NJ, on Jan. 29, 2026. The company, traded as SAAQU on Nasdaq, issued a total of 23,000,000 units in the offering. This figure includes 3,000,000 units that were part of the over-allotment option exercised by the underwriters. The public offering price was set at $10.00 per unit. Each unit comprises one Class A ordinary share along with one-third of one redeemable warrant. The warrant allows the holder to purchase one Class A ordinary share at a price of $11.50 per share when the whole warrant is exercised.
