Calm Seas Acquisition Corp.

S-1 filed

Price $10.00 · 30,000,000 shares · Gross proceeds $300,000,000

Calm Seas Acquisition Corp. is conducting an initial public offering (IPO) with Cohen & Company Capital Markets acting as the sole book running manager and underwriter. The offering involves 30,000,000 units, with an additional 4,500,000 units available under an over-allotment option. Underwriting discounts and commissions amount to $0.60 per unit, with $0.40 deferred until a business combination is completed. The company has also arranged for private placement warrants, and lock-up agreements restrict share sales for 180 days. The units are scheduled for NYSE listing under the symbol CSEA.U, though no guarantees are provided. The offering price was determined through negotiations, with risks including market volatility and dependency on a successful business combination.