Alussa Energy Acquisition Closes $287.5 Million IPO
MT Newswires Live
Nov 15, 2025
Alussa Energy Acquisition (ALUBU, ALUB) completed its initial public offering, raising $287.5 million in gross proceeds.
The offering of 28.75 million units at $10 per unit included 3.75 million units from the underwriter's full exercise of its overallotment option, the blank-check company said Friday in a statement.
Alussa concurrently closed a private placement of 2.5 million warrants at $1 per warrant to its sponsor, Alussa Energy Sponsor II, generating an additional $2.5 million in gross proceeds.
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