Arc Group Securities Acquisition I prices IPO at $10.00/unit

ARC Group Acquisition I Corp, a blank check company incorporated in the British Virgin Islands, has priced its initial public offering at $10.00 per unit, raising $105 million through the sale of 10.5 million units. The offering, which was initially planned for $150 million with 15 million units, includes each unit consisting of one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of a Class A ordinary share upon the completion of an initial business combination. The units are expected to begin trading on Nasdaq under the ticker symbol "ARCLU" on April 30, 2026.

The company, led by Datuk Dr. Doris Wong Sing Ee, Ian Hanna, and Kiu Cu Seng, aims to identify and acquire a business where its management and affiliates' expertise in technology, healthcare, and logistics can provide a competitive advantage. ARC Group Securities LLC, a FINRA-registered broker-dealer and wholly owned subsidiary of ARC Group Limited, acted as the lead underwriter for the offering. The underwriters have also been granted a 45-day option to purchase up to an additional 1,575,000 units to cover over-allotments.

The offering is expected to close on May 1, 2026, subject to customary closing conditions.