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FIGX Capital Acquisition Corp. (NASDAQ:FIGXU, NASDAQ:FIGX, NASDAQ:FIGXW) announced Monday the completion of its initial public offering and a concurrent private placement, raising a total of $150,165,000. The details were disclosed in a press release statement and an SEC filing.
The company completed its IPO on June 30, 2025, selling 15,065,000 units at $10.00 per unit. This total includes 1,965,000 units issued through the full exercise of the underwriters’ over-allotment option. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at $11.50 per share.
Simultaneously, FIGX Capital Acquisition completed a private placement of 443,470 units, also at $10.00 per unit, generating gross proceeds of $4,434,700. Of these, 312,470 units were sold to FIGX Acquisition Partners LLC, the company’s sponsor, and 131,000 units were sold to Cantor Fitzgerald & Co., the representative of the underwriters.
Proceeds from both the IPO and the private placement, totaling $150,165,000, have been placed in a U.S.-based trust account managed by Continental Stock Transfer & Trust Company, according to the company’s statement. The trust account includes the underwriter’s deferred discount of $6,419,000.
An audited balance sheet as of June 30, 2025, reflecting the proceeds from the IPO and private placement, has been issued by the company and included as an exhibit to the SEC filing.
FIGX Capital Acquisition Corp. is incorporated in the Cayman Islands and is classified as an emerging growth company. Its securities are listed on the Nasdaq Stock Market under the symbols FIGXU (units), FIGX (Class A ordinary shares), and FIGXW (warrants).
This information is based on a press release statement and the company’s filing with the Securities and Exchange Commission.
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