VERNAL CAPITAL ACQUISITION CORP. ANNONCE LA FIXATION DU PRIX DU PREMIER APPEL PUBLIC À L'ÉPARGNE DE 100 MILLIONS DE DOLLARS

Vernal Capital Acquisition Corp. has announced the pricing of its initial public offering (IPO), consisting of 10 million units priced at $10.00 per unit, aiming to raise a total of $100 million. The units are set to begin trading on the New York Stock Exchange (NYSE) under the ticker symbol "VECAU" starting May 6, 2026. Each unit comprises one ordinary share and a right to receive one-quarter of an ordinary share upon the completion of a business combination. The offering is expected to close on May 7, 2026, subject to customary closing conditions.

Vernal Capital Acquisition Corp. is a special purpose acquisition company (SPAC) created to facilitate mergers, stock exchanges, asset acquisitions, and similar corporate reorganizations with one or more businesses. The company’s strategic focus is not limited to any specific industry or geographical region, allowing it to explore a broad range of opportunities in the market. This flexibility positions Vernal to capitalize on emerging trends and sectors that may offer substantial growth potential.

D. Boral Capital LLC is acting as the sole bookrunner for the offering, which includes an overallotment option allowing underwriters to purchase up to an additional 1.5 million units to cover any potential over-allotments. This option reflects the underwriters' confidence in the demand for the offering and provides a mechanism to accommodate investor interest. The registration statement for the IPO was declared effective by the Securities and Exchange Commission (SEC) on May 5, 2026, paving the way for the public offering.

The IPO market has seen a resurgence in activity as companies seek to capitalize on favorable market conditions and investor appetite for new listings. SPACs, in particular, have gained traction as an alternative route to public markets, allowing companies to access capital and liquidity more swiftly than traditional IPOs. Vernal's entry into the public market comes at a time when investors are increasingly looking for innovative companies with the potential for significant returns, particularly in sectors poised for growth.

As Vernal Capital Acquisition Corp. prepares to enter the public domain, the broader implications for the SPAC market and IPO landscape remain significant. The successful execution of this offering may signal renewed investor confidence in SPACs and could encourage other companies to pursue similar paths to public listing. With a diverse mandate and an eye toward strategic acquisitions, Vernal is well-positioned to navigate the evolving market dynamics and capitalize on future opportunities.