Talon Capital, a blank check company led by the founder of CSL Capital Management targeting energy, filed on Friday with the SEC to raise up to $225 million in an initial public offering.
The company plans to raise $225 million by offering 22.5 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.
Talon Capital is led by CEO and Chairman Charles Leykum, the founder of energy services-focused private equity firm CSL Capital Management. Prior to founding CSL, Leykum was a Portfolio Manager at Soros Fund Management. The SPAC plans to target the energy and power industries, focusing on businesses with substantial positive EBITDA and defensible market positions, among other characteristics.
The Houston, TX-based company was founded in 2025 and plans to list on the Nasdaq under the symbol TLNCU. Talon Capital filed confidentially on July 1, 2025. Cohen & Company Securities is the sole bookrunner on the deal.
