RRE Ventures Acquisition priced 25M units for $250M, places $250M in trust

About this update from Rre Ventures Acquisition Corp.

RRE Ventures Acquisition completed a 25,000,000‑unit IPO raising $250 million and placed $250,000,000 in a trust account. Key Highlights: Sold 25,000,000 units at $10.00 each, generating $250,000,000 gross proceeds for the offering. Issued Public Warrants (1/3 per unit) and sold 7,010,000 Private Placement Warrants for $7,010,000 total. Net proceeds of $250,000,000 (including $10,000,000 deferred underwriting fees) placed in a trust account. Audited May 1, 2026 balance sheet shows $250,086,542 total assets and $250,000,000 Class A shares subject to redemption. Company is a blank‑check SPAC with 24‑month combination period and broad discretion to use trust funds for a business combination. Original SEC Filing: This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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