Rimon Client ARC Group Acquisition I Corp Announces Closing of Initial Public Offering and Listing on NASDAQ
News 
Debbie A. Klis · 
Olivia Y. Wang · May 4, 2026
Rimon client, ARC Group Acquisition I Corp (the “Company”) announced on May 1 that it closed its initial public offering, selling 12,075,000 units at $10.00 each, including 1,575,000 units issued pursuant to the exercise of the underwriters’ over-allotment option in full, for total gross proceeds of $120,750,000.
Units began trading on the Nasdaq Global Market (“NASDAQ”) under ticker symbol “ARCLU” on April 30, 2026. Separate listings are expected for Class A shares, warrants and rights. The Class A ordinary shares, warrants and rights are expected to be listed on NASDAQ under the symbols “ARCL,” “ARCLW” and “ARCLR,” respectively.
Rimon Partner, Debbie Klis advised ARC Group on the deal, with assistance from Counsel, Olivia Wang, and paralegal, Anne Mitzelfelt.
We congratulate ARC Group on this transaction!
Read more here:
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