Harbour Island Acquisition prices $100M IPO on Nasdaq

Harbour Island Acquisition Corp. completed a $100 million initial public offering (IPO) on October 13, 2026, according to a company press release. The IPO consisted of 10 million units, each priced at $10.00, with the company expecting the shares to begin trading on the Nasdaq Global Market on October 14, 2026, under the ticker symbol HRIAU.

Each unit included one Class A ordinary share and one redeemable warrant, with warrants carrying an exercise price of $11.50 per share. Upon separate trading, the Class A ordinary shares and warrants were anticipated to be listed under the symbols NASDAQ: HRIA and HRIAW, respectively. The offering was set to close on October 15, 2026, contingent on customary closing conditions.

The company granted underwriters a 45-day option to purchase up to an additional 1.5 million units at the IPO price to accommodate over-allotments. Harbour Island Acquisition Corp. is a blank check company, focusing on potential mergers or business combinations in various sectors, including industrial materials, engineered components, semiconductors, artificial intelligence, data infrastructure, robotics, automation, aerospace, and defense.

McAndrew Rudisill serves as Chief Executive Officer and Chairman, while Samuel Knipper holds the position of Chief Financial Officer. Clear Street LLC acted as the sole book-running manager for the offering.