IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — ACGC

September 16, 2026View Source ↗

On September 15, 2026, ACP Holdings Acquisition Corp. entered into a Business Combination Agreement to merge with May Mobility in a transaction valued at $1.35 billion. The deal involves the domestication of ACP from Cayman Islands to Delaware and a merger where May Mobility shareholders receive shares based on an exchange ratio derived from the purchase price divided by $10.00, adjusted for redemptions. Concurrently, ACP secured a $120 million PIPE investment consisting of 11,764,704 shares of 12% Series A Cumulative Convertible Preferred Stock and warrants. The transaction is expected to close on or before May 26, 2027, subject to shareholder approvals and customary conditions. ACP Holdings Acquisition Corp. operates as a blank check company in the financial services industry.