Abony Acquisition I (AACOU) said late Friday it has closed its initial public offering of 23 million units, including 3 million units under an overallotment option, at $10 apiece.

Each unit comprises one Class A share and one-third of one redeemable warrant, with each whole warrant exercisable to buy one Class A share at $11.50 per share, subject to adjustments, the company said.

The units are listed on Nasdaq and started trading under the ticker AACOU on Thursday, the company said, adding once the securities comprising the units begin separate trading, the Class A shares and warrants will be listed on Nasdaq under the tickers AACO and AACOW, respectively.

Simultaneously with the closing of the IPO, the company closed on a private placement of 695,000 units at $10 per unit, for gross proceeds of $6.95 million, it said.