Freedom Metals Acquisition Corp. has priced its initial public offering of 27,500,000 units at $10.00 per unit, aiming to raise $275,000,000. The units are expected to be listed on The Nasdaq Stock Market LLC and begin trading on July 8, 2026, under the ticker symbol "FDMMU." Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share.

The offering is expected to close on July 9, 2026, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 4,125,000 units at the initial public offering price to cover over-allotments. 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 "FDMM" and "FDMMW," respectively.

Freedom Metals Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. While the Company may pursue opportunities in any industry, its primary focus will be on target businesses in the mining and critical minerals industry.

The Company's management team is led by Peter Finan, its Chief Executive Officer, and Martin Zinny, its Chief Financial Officer. The Board includes Bronwyn Barnes (Chairwoman), Dean Callas, Hugh Callaghan, Quinton Hennigh, and Michael Porter. Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, and Clear Street LLC are acting as book-running managers for the offering.

Key Offering Details

A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission and became effective on July 7, 2026. The offering is being made only by means of a prospectus, and copies may be obtained from the underwriters.