ZA Acquisition I, a blank check company targeting established businesses with recurring revenue, filed on Monday with the SEC to raise up to $75 million in an initial public offering.
The company plans to raise $75 million by offering 7.5 million units at $10. Each unit consists of one ordinary share and one right to receive one share upon the completion of an initial business combination.
ZA Acquisition I is led by CEO and Chairman Jonathan Gazdak, the Head of Investment Banking at investment bank Alexander Capital and co-founder of ZA Capital Partners, and CFO and Director Michael James, the former CFO of LuxUrban Hotels (formerly Nasdaq: LUXH) and Edible Garden (Nasdaq: EDBL). The SPAC plans to target established businesses with predictable, recurring revenue and defensible market positions.
The Red Bank, NJ-based company was founded in 2026. It plans to list on the Nasdaq under the symbol ZACAU. ZA Acquisition I filed confidentially on September 25, 2026. D. Boral Capital is the sole bookrunner on the deal.
