NEW YORK – Sept. 11, 2025 – Global law firm Greenberg Traurig, LLP represented Talon Capital Corp. in connection with its initial public offering of 24.9 million units at a price of $10 per unit on Sept. 10, 2025, which includes the partial exercise by the underwriters of their overallotment option to purchase an additional 2.4 million units. Total gross proceeds from the offering were $249 million before deducting underwriting discounts and commissions and other offering expenses.
The units began trading on the Nasdaq Global Market under the ticker symbol “TLNCU” on Sept. 9, 2025. Each unit consists of one Class A ordinary share of the company and one-third of one redeemable public warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq under the symbols “TLNC” and “TLNCW,” respectively.
The Greenberg Traurig team was led by Vice Chair Alan I. Annex, , Shareholders Tricia Branker in the Corporate Practice in West Palm Beach and Adam S. Namoury in the Corporate Practice in New York, and Associate Yangyang Jia in the Corporate Practice in Northern Virginia.