Talon 1 Acquisition Corp. closes $230 million IPO

Talon 1 Acquisition Corp. has completed its initial public offering of 23,000,000 units, including 3,000,000 units as a result of the underwriters’ full exercise of their over-allotment option, at a public offering price of $10.00 per unit, resulting in gross proceeds of $230 million. The company’s units commenced trading on the Nasdaq Global Market under the ticker symbol “TOACU” on November 4, 2021. The company is a blank check company led by Chairman, Edward J. Wegel. Credit Suisse and Exos acted as joint bookrunners of the offering.