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EGH Acquisition Corp. Announces Pricing of $150,000,000 Initial Public Offering

1. EGHAU's IPO priced at $10 per unit; 15 million units offered. 2. Trading on Nasdaq starts May 9, 2025.

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$10.0305/10 12:07 AM EDTLatest Updated
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FAQ

Why Bullish?

The successful pricing of an IPO typically generates investor interest and capital inflow. Historical examples include popular SPACs seeing price surges post-IPO announcements.

How important is it?

The announcement of the IPO is crucial for EGHAU's market entry, indicating growth potential. It signifies financial backing and sets the unit price, influencing investor sentiment.

Why Short Term?

Initial public offerings generally see immediate market reactions, influencing short-term trading. Historical IPOs have shown significant fluctuations in the days following the initial listing.

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SPACTSLAAAPL
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--EGH Acquisition Corp. (NASDAQ:EGHAU) (the “Company”) today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The Company's units will be listed on the Nasdaq Global Market under the symbol “EGHAU” and will begin trading on May 9, 2025. Each unit issued in the offering consists of one Class A ordinary share of the Company and one right to receive one tenth (1/10) of a Class A ordinary share upon the cons.

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