ISNR offers 20M units at $10.00/unit ($200M) in SPAC IPO targeting industrial/manufacturing sectors

Filed May 22, 2026 · ~3 min read

Key Changes

• high

  ISNR offers 20,000,000 units at $10.00 per unit ($200M gross proceeds), each unit consisting of one Class A share and one-half warrant (exercisable at $11.50). The entire $200M will be deposited into a trust account.

  The Offering verify on EDGAR →
• high

  Sponsor holds 5,000,000 founder shares (20% post-IPO) acquired for $25,000 ($0.003/share), a 99.97% discount to the $10.00 public price. Sponsor also purchases 2,250,000 private placement warrants at $1.00 each ($2.25M).

  The Offering verify on EDGAR →
• high

  Class B founder shares exclusively control director appointments until business combination closes; Nasdaq will classify ISNR as a controlled company. Both classes carry one vote per share on other matters.

  The Offering verify on EDGAR →