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Mar 3, 2026 8:00 PM

GalaxyEdge Acquisition Corp Prices $100 Million Initial Public Offering

NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- GalaxyEdge Acquisition Corp, a blank check company incorporated in the Cayman Islands as an exempted company (the "Company"), today announced the pricing of its initial public offering ("IPO") of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon the consummation of an initial business combination. The units are expected to trade on The New York Stock Exchange ("NYSE") under the ticker symbol "GLEDU" beginning March 4, 2026. The Company expects the IPO to close on March 5, 2026, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the ordinary shares and the rights are expected to be traded on NYSE under the symbols "GLED" and "GLEDR," respectively.

Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, is acting as the sole book-running manager for the offering.

The Company has granted the underwriters a 45-day option to purchase up to 1,500,000 additional units at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.

Celine and Partners, P.L.L.C. is serving as US legal counsel to ...