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Siddhi Acquisition Corp (Cayman Islands) IPO

Completed

Siddhi Acquisition Corp (Cayman Islands) completed its initial public offering on NASDAQ on April 1, 2025, pricing at $10.00 a share.

TickerSDHIU
ExchangeNASDAQ
StatusCompleted
Listing dateApril 1, 2025
Offering price$10.00
Shares offered24,000,000
Total raised$240M

The offering

Siddhi Acquisition Corp (Cayman Islands) sold 24,000,000 shares at $10.00 each on NASDAQ. Multiplied out, that is $240 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $240 million total recorded for the deal.

How the deal compares

Measured by money raised, Siddhi Acquisition Corp (Cayman Islands) was tied for the 137th largest (level with 8 other deals) of 473 completed IPOs with a recorded deal size that this site tracks since October 5, 2024. The median deal in the same window raised $200 million.

Among the 342 listings on NASDAQ alone, it is tied for the 86th largest (level with 6 other listings).

April 2025 saw 22 completed IPOs in the site's data; by amount raised, Siddhi Acquisition Corp (Cayman Islands) was tied for the 5th largest (level with 1 other deal) of the 22 deals with a recorded size.

Its $10.00 offer price was tied for the 146th highest (level with 259 other listings) of the 479 listings in the window with a recorded price. A share price on its own says nothing about a company's value; it depends on how many shares exist.

Other recent IPOs

Source: SEC EDGAR filings for Siddhi Acquisition Corp (Cayman Islands). This page is general information, not investment advice.