On July 9, 2026, Freedom Metals Acquisition Corp. consummated its initial public offering (IPO) of 27,500,000 units at $10.00 per unit, generating gross proceeds of $275,000,000. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant with an exercise price of $11.50 per share. Simultaneously, the company completed a private placement of 825,000 units at $10.00 per unit to its sponsor, Cohen & Company Capital Markets, and Clear Street LLC. A total of $275,000,000 from the IPO and private placement was placed in a U.S.-based trust account. The company intends to focus on target businesses in the mining and critical minerals industry. Freedom Metals Acquisition Corp. is a special purpose acquisition company (SPAC) designed to effect a business combination.