The SPAC plans to begin trading 10.5 million units on Nasdaq on August 4, 2026, while targeting acquisition opportunities across technology, healthcare and logistics.
ARC Group Securities Acquisition I said it priced its initial public offering at $105 million, selling 10,500,000 units at $10.00 each ahead of an expected Nasdaq debut on August 4, 2026, under the ticker "FJDIU." The special purpose acquisition company, or SPAC, said each unit includes one Class A ordinary share, one redeemable warrant and one right to receive one-fourth of one Class A ordinary share upon completion of its initial business combination. The offering is expected to close on August 5, 2026, subject to customary conditions. The company said it may pursue an acquisition in any sector or geography, but intends to focus on businesses where its management team and affiliates believe they have an advantage, including in technology, healthcare and logistics. ARC Group Securities LLC is acting as lead left bookrunner and representative of the underwriters, while Clear Street LLC is serving as joint bookrunner and qualified independent underwriter. The underwriters have a 45-day option to buy up to 1,575,000 additional units to cover over-allotments.