SPAC Sky Acquisition Group files for a $150 million IPO, targeting the AI industry
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Sky Acquisition Group, led by CEO Khurram Sheikh, has filed with the SEC for a $150 million IPO targeting the AI industry. The company plans to offer 15 million units at $10 each, with each unit comprising one share of common stock and one-third of a warrant. Founded in 2025 and based in San Francisco, it aims to list on Nasdaq under the symbol SKAIU. Maxim Group LLC is the sole bookrunner for the offering.
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