/PRNewswire/ — Vernal Capital Acquisition Corp. (NYSE: VECA) (“Vernal”) announced the pricing of its initial public offering (the “IPO”) of 10,000,000 units at $10.00 each. The units are expected to be listed on the New York Stock Exchange (“NYSE”) under the symbol “VECAU” beginning May 6, 2026. Each unit consists of one common share and a right to receive one-quarter of a common share upon consummation of an initial business combination. Upon separate trading, the common shares and rights are expected to be listed on the NYSE under the symbols “VECA” and “VECAR,” respectively.
D. Boral Capital LLC acts as sole coordinator of the placement. Underwriters have a 45-day option to purchase up to an additional 1,500,000 units to cover any over-allotments. The placement is expected to close on May 7, 2026, subject to customary closing conditions.
The registration statement for these securities was declared effective by the SEC on May 5, 2026. The offering is being made solely by means of a prospectus. Copies of the prospectus may be obtained by contacting D. Boral Capital LLC, located at 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 buy, nor shall there be any sale where such offer, solicitation or sale would be unlawful prior to registration or authorization under applicable securities laws.
About Vernal
Vernal is a special purpose acquisition company (SPAC) created to carry out a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more companies. Vernal’s pursuit of objectives will not be limited to a particular sector or geographic region.
Forward-looking statements
This press release contains forward-looking statements, including statements regarding Vernal’s IPO. These statements are subject to risks and uncertainties that could cause actual results to differ materially. There can be no assurance that the offering will be completed on the terms described, or that it will be completed at all. Forward-looking statements are subject to numerous conditions beyond Vernal’s control, including those set forth in the Risk Factors section of Vernal’s registration statement filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Vernal disclaims any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations, except as required by law.
Contact
Binghan Yi, CFO
[emailprotected]
www.vernalspac.com
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