May 2026
Conyers has advised Irenic Acquisition Corp. (“Irenic”) on its US$220m IPO. Irenic has launched its initial public offering of 22,200,000 units at US$10.00 per unit. The units are listed on the Nasdaq Global Market and trade under the ticker symbol “IACQU”.
Each unit consists of one Class A Ordinary Share and one third of one redeemable warrant, each whole warrant exercisable to purchase one Class A Ordinary Share upon the consummation of an initial business combination. Irenic plans to focus its search on companies in aerospace, defence and broader industrial sectors.
Partner Alex Davies, Senior Associate Caroline Dekker and Associate Alexandra Sims of Conyers’ Cayman office advised Irenic on the Cayman Islands legal and regulatory aspects of the IPO work alongside White & Case LLP as lead legal advisor.