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Highview Merger Corp. Announces Completion of $230,000,000 Initial Public Offering

1. HVMCU closed IPO with 23 million units at $10 each. 2. Each unit includes one Class A share and one-half warrant. 3. Warrants are exercisable at $11.50 per share. 4. The offering's success indicates investor confidence. 5. Company seeks a business combination for future growth.

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Why Bullish?

The successful IPO and investor confidence suggest potential price appreciation, similar to past SPACs like DraftKings post-IPO.

How important is it?

The IPO's success raises capital for growth, directly impacting HVMCU's market position.

Why Long Term?

The long-term value will depend on the company's successful business combination post-IPO.

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DKNGSPAC
August 13, 2025 16:05 ET  | Source: Highview Merger Corp. Delray Beach, FL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Highview Merger Corp. (the “Company”) announced today the closing of its initial public offering of 23,000,000 units, including 3,000,000 units sold pursuant to the full exercise of the underwriter’s over-allotment option, at a price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants will be exercisable. The units are listed on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “HVMCU” as of August 12, 2025. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “HVMC” and “HVMCW,” respectively. The Company is a special purpose acquisition company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company is led by Chief Executive Officer and Chief Financial Officer, David Boris, and President, Taylor Rettig. Jefferies acted as the sole book running manager.  The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, or by telephone at 877-821-7388 or by email at Prospectus_Department@Jefferies.com. A registration statement relating to these securities was declared effective by, the Securities and Exchange Commission (the “SEC”) on August 11, 2025.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State or jurisdiction. CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination. No assurance can be given that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. ContactDavid Boris(561) 826-6050david@highviewmerger.com Taylor Rettig(561) 826-6050taylor@highviewmerger.com

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