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Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU) Director Richard H. Dodd, along with Axiom Intelligence Holdings 1 LLC, recently purchased 400,000 Class A Ordinary Shares of the company at $10.0 per share, for a total transaction value of $4,000,000. The purchase comes as AXINU trades near its 52-week high of $10.1, with a current market capitalization of $241 million. According to InvestingPro, the stock has demonstrated low price volatility, maintaining stable trading patterns.
The purchase, which occurred on June 20, 2025, also included rights to receive Class A Ordinary Shares. These rights are part of private placement units purchased by Axiom Intelligence Holdings 1 LLC, where each unit comprises one Class A ordinary share and a right to obtain one-tenth of a Class A ordinary share upon the company’s initial business combination.
Additionally, 41,666 Class B ordinary shares were returned to Axiom Intelligence Acquisition Corp 1 for cancellation, without consideration, as the underwriters’ over-allotment option was not fully exercised.
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