/PRNewswire/ — Vernal Capital Acquisition Corp. (NYSE: VECA) (“Vernal”) announced the pricing of its initial public offering (“IPO”) of 10,000,000 units at $10.00 per unit. The units are expected to trade on the New York Stock Exchange (“NYSE”) under the ticker “VECAU” beginning May 6, 2026. Each unit consists of one share of common stock and a right to receive one-fourth of one share of common stock upon consummation of an initial business combination. When trading separately, the common shares and rights are expected to be listed on the New York Stock Exchange under the ticker symbols “VECA” and “VECAR,” respectively.
D. Boral Capital LLC is acting as sole book-running manager for the offering. Underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover potential over-allotments. The offering is expected to close on May 7, 2026, subject to customary closing conditions.
A registration statement for these securities was declared effective by the SEC on May 5, 2026. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained from D. Boral Capital LLC, 590 Madison Ave, 39th Floor, New York, New York 10022, by telephone at (212) 970-5150 or by email at [emailprotected].
This press release does not constitute an offer to sell or purchase, nor shall there be any sale where such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws.
About Vernal
Vernal is a blank-check company formed to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Vernal’s targeted research will not be limited to a particular industry or geographic region.
Forward-looking statements
This press release contains forward-looking statements, including statements regarding the Vernal IPO. These statements are subject to risks and uncertainties that could cause actual results to differ materially. No guarantee can be given that the offer will be carried out or that it will be carried out under the conditions described. Forward-looking statements are subject to numerous conditions beyond Vernal’s control, including those contained in the “Risk Factors” section of Vernal’s registration statement with the SEC. Copies are available on the SEC’s website, www.sec.gov. Vernal undertakes no obligation to publicly update or revise any forward-looking statements to reflect any changes in Vernal’s expectations, except as required by law.
Contact
Binghan Yi, financial director
[emailprotected]
www.vernalspac.com
Logo – https://mma.prnewswire.com/media/2971353/Vernal_Logo.jpg