Snow Rothschild prices $200 million IPO at $10 per unit

1 min read     Updated on 09 Jun 2026, 05:38 AM
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AI Summary

Snow Rothschild Acquisition Corp. priced its $200 million initial public offering at $10.00 per unit, comprising Class A ordinary shares and warrants. Trading on Nasdaq begins June 9, 2026, under symbol ISNRU, with Santander as the sole book-running manager. The company targets industrial assets for potential business combinations.

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Snow Rothschild Acquisition Corp. announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit, raising $200 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at $11.50 per share. The units are expected to begin trading on the Nasdaq Stock Market LLC under the symbol "ISNRU" on June 9, 2026, with separate trading for shares and warrants under "ISNR" and "ISNRW," respectively.

Offering Details

The funds raised, $10.00 per unit, will be deposited into a trust account with Continental Stock Transfer & Trust acting as trustee. The closing of the offering is anticipated to occur on or about June 10, 2026, subject to customary closing conditions. Santander is acting as the sole book-running manager for the offering.

Underwriter Option and Registration

The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price, less the underwriting discount, to cover over-allotments. A registration statement relating to the units and underlying securities was declared effective by the Securities and Exchange Commission on June 8, 2026.

Key Offering Metrics

Metric Details
Total Units Offered 20,000,000
Price per Unit $10.00
Total Proceeds $200,000,000
Warrant Exercise Price $11.50 per share
Trading Symbol (Units) ISNRU
Trading Symbol (Shares) ISNR
Trading Symbol (Warrants) ISNRW

Company Overview

Snow Rothschild 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. The Company intends to focus on opportunities in multiple industries, particularly industrial assets, leveraging the extensive experience of its management team. The team is led by Ian Snow, Chief Executive Officer and Director; Nathaniel Rothschild, Chairman; and William Chai, Chief Financial Officer.

Which specific sectors within the industrial asset landscape is Snow Rothschild Acquisition Corp. targeting for its initial business combination?

How will the management team's expertise influence the selection criteria for potential acquisition targets?

What is the expected timeline for identifying and completing a merger or acquisition following the IPO closing?

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