Infinite Eagle Acquisition Corp. [IEAGU]
Key Metrics
Market Snapshot
About
Infinite Eagle Acquisition Corp. Units [IEAGU] are securities consisting of one share of common stock and a fraction of one redeemable warrant of Infinite Eagle Acquisition Corp., a special purpose acquisition company (SPAC). SPACs are formed to raise capital through an initial public offering for the purpose of acquiring or merging with an existing company. Each unit typically separates into individual common stock and warrants after the initial business combination or upon meeting certain conditions. Investors in units participate in the potential upside of the SPAC's eventual business combination target while holding a bundled security structure.