Perimeter Acquisition Corp. I (PMTRU) Prices Upsized $210M IPO

Perimeter Acquisition Corp. I (NASDAQ:PMTRU) announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PMTRU”, Tuesday, May 13, 2025.

The new SPAC aims to combine with a target company with that can contribute to the re-industrialization of the United States economy, potentially in the defense and national security sectors.

Perimeter I Acquisition Corp. is led by Executive Chairman Jordan Blashek, Chief Executive Officer and President Josef Valdman and Chief Investment Officer Todd Lemkin. Richard Berthy, M. Scott Faris, Scott Letier, Vice Admiral Sean Pybus, and Jack Selby.

Total SPAC deal count for 2025 year-to-date is now 39. This offering is expected to close on Wednesday, May 14, 2025.

Citigroup Global Markets Inc. is serving as the sole book-running manager for the offering. Lowenstein Sandler LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.