Southern Cross Acquisition I Corp. (NCOOU) Prices $100M IPO

Southern Cross Acquisition I Corp. (NASDAQ:NCOOU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NCOOU” on Tuesday, July 21, 2026.

The new SPAC will mount a generalist search for a combination target and will consider candidates based in China.

Southern Cross Acquisition I Corp. is to be led by Chairwoman and Chief Executive Officer Ally Tong Zhang and Chief Financial Officer Siu Wai Lam. Qian Xu, Zhuo Liang and Zhiqiang Du will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 129. This offering is expected to close on Wednesday, July 22, 2026.

D. Boral Capital LLC is acting as sole book-running manager of the offering. Robinson+Cole LLP is serving as Issuer’s Counsel with Norton Rose Fulbright US LLP serving as Underwriter’s Counsel. TAAD LLP serves as auditor. Equiniti Trust Company, LLC is acting as trustee.