Fifth Era Acquisition Corp. I (FERAU) Prices $200M IPO

Fifth Era Acquisition Corp. I (NASDAQ:FERAU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FERAU”, Friday, February 28, 2025.

The new SPAC intends to focus its search on technology enabled businesses in a diverse range of areas including internet, enterprise technology, software, including artificial intelligence, fintech and blockchain.

The Company’s management team is led by Mitchell Mechigian, its Chief Executive Officer and Director, Alison Davis, its managing director, Chris Linn, its Chief Financial Officer and Director, and Matthew Le Merle, its Managing Director and Chairman of the Board of Directors (the “Board”). In addition, the Board includes Colin Wiel, Gary Cookhorn, and Rebecca Macieira-Kaufmann.

Total SPAC deal count for 2025 year-to-date is now 16. This offering is expected to close on Monday, March 3, 2025.

Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with King & Spalding LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.