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Ipos overview

EGH Acquisition Corp. (EGHAU)


Company Overview

Proposed Symbol EGHAU
Company Name EGH Acquisition Corp.
Exchange NASDAQ Global
Share Price $10.00
Employees 2 (as of 05/09/2025)
Status Priced
Shares Offered 15,000,000
Offer amount $150,000,000
Shares Over Alloted
Company Address 16941 CLEARLAKE AVENUE LAKEWOOD RANCH FL 34202
Company Phone 9412743811
Company Website www.apimedsus.com
CEO Andrew B. Lipsher
State of Inc
Fiscal Year End 12-31
Total Offering Expense $750,000.00
Shareholder Shares Offered
Shares Outstanding 15,500,000
Lockup Period (days) 180
Lockup Expiration 2025-11-05 00:00:00
Quiet Period Expiration 2025-06-18 00:00:00
CIK 0002052547
DealId 1332427-113648

Company Description

We are a blank check company newly incorporated on January 9, 2025 as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (our “initial business combination”). We have not selected any business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While we may pursue an initial business combination target in any industry or geographical location, we intend to focus our search in the broad power market and energy transition or sustainability arena targeting industries that require reliable and cost effective power and / or innovative decarbonization solutions in order to meet critical energy supply needs or emission reduction objectives. Specifically, we are interested in companies implementing advanced technologies to modernize the aging grid infrastructure, provide and manage power, enhance renewable energy capacity, install and maintain energy distribution infrastructure, and improve electricity transmission efficiency. Given that over 70% of U.S. transmission and distribution power transformers are more than 25 years old, and according to the U.S. Department of Energy, independent estimates predict that there will be a need for a 60% increase in electricity transmission by 2030 to meet growing clean energy demands. As a result, we see significant opportunities in this and adjacent sectors. Additionally, factors such as recent innovations in artificial intelligence (“AI”), new investments in data centers for AI and other applications, increased adoption of electric vehicles, and the need for increased residential energy for cooling as a result of a global rise in temperatures are expected to be continued drivers of increased energy consumption. --- Our executive offices are located at 7901 4th Street North, Suite No. 12820, St. Petersburg, FL 33702, and our telephone number is (941) 274-3811.