bleuacacia ltd intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing acquisitions of global high-growth premium consumer-facing brands. The company was incorporated in 2021 and is based in New York, New York.
NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- bleuacacia ltd (the “Company” or “acacia blue”), today announced the pricing of its upsized initial public offering of 24,000,000 units at a price of $10.00 per unit. Each unit consists of one Class A ordinary share of the Company, a right to one-sixteenth of one Class A ordinary share, and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at an exercise price of $11.50 per share.