Caedryn Acquisition I, a blank check company targeting AI and fintech, filed on Friday with the SEC to raise up to $60 million in an initial public offering.
The company plans to raise $60 million by offering 6 million units at $10. Each unit consists of one share of common stock and one right to receive one-seventh of a share upon the completion of an initial business combination.
Caedryn Acquisition I is led by CEO and Director Miriam Zhou, the founder and CEO of boutique advisory firm China & Partners, and plans to target businesses that primarily operate in artificial intelligence (AI) and/or financial technology (fintech) industries.
The Hong Kong-based company was founded in 2025 and plans to list on the Nasdaq under the symbol CAEAU. Maxim Group LLC is the sole bookrunner on the deal.
