Space Asset Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

PRINCETON, NJ, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Space Asset Acquisition Corp. (the "Company") today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to commence trading on January 28, 2026 on The Nasdaq Global Market ("Nasdaq") under the ticker symbol "SAAQU."

Each unit sold in the offering consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "SAAQ" and "SAAQW," respectively. The offering is expected to close on January 29, 2026, subject to customary closing conditions.

Space Asset Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or ...