Post by Rimon PC
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Rimon client, ARC Group Acquisition I Corp, has successfully closed its initial public offering and is now listed on Nasdaq. The Company raised $120.75 million through the sale of 12,075,000 units at $10.00 per unit, including the full exercise of the underwriters' overallotment option. Trading commenced on April 30, 2026, under the ticker symbol "ARCLU," with additional listings for Class A shares, warrants, and rights expected to follow. Rimon Partner Debbie Klis led the transaction, with support from Olivia Wang and paralegal Anne Mitzelfelt. Congratulations to ARC Group on this significant milestone. We're honored to have supported your team on this achievement. Read the Press Releases here: https://lnkd.in/g6Z3mQUx #IPO #CapitalMarkets #NASDAQ #ClientSuccess #RimonLaw #Rimon