London, United Kingdom — December 10, 2025 — Leads & Copy — Daedalus Special Acquisition Corp., a special purpose acquisition company (SPAC), has announced the closing of its upsized initial public offering (IPO) of 25,000,000 units at $10.00 per unit, resulting in gross proceeds of $250,000,000.
The offering includes 2,500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option.
The units began trading on the Global Market tier of the Nasdaq Stock Market (“Nasdaq”) under the ticker symbol “DSACU” on December 9, 2025. Once the securities comprising the units begin separate trading, the ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “DSAC” and “DSACW,” respectively.
Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at $11.50 per share. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
BTIG, LLC acted as sole book-running manager for the offering.
The U.S. Securities and Exchange Commission (the “SEC”) declared effective a registration statement relating to the securities sold in the IPO on December 8, 2025. The offering was made only by means of a prospectus, copies of which can be obtained from BTIG, LLC, located at 65 East 55th Street, New York, New York 10022, via email at ProspectusDelivery@btig.com, or on the SEC’s website.
Daedalus Special Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company’s primary focus is to build a diversified portfolio of profitable AI-powered consumer apps, although its strategy permits an initial business combination in any business or industry or at any stage of its corporate evolution.
Daedalus Special Acquisition Corp. is led by Co-Chief Executive Officers Husnu Akin Babayigit and Orkun Kilic and formed as a Cayman Islands exempted company.
Contacts:
Nimika Karadia
50 Sloane Avenue
London, SW3 3DD, United Kingdom
Telephone: +44 207 297 3592
Source: Daedalus Special Acquisition Corp.
