Irenic Acquisition Corp.

General Information
Business:

(Incorporated in the Cayman Islands)

We are a newly organized blank check company. We intend to focus our search on companies in the aerospace, defense and broader industrial sectors.

Our management team is led by Adam Katz, our CEO and a director; E-Fei Wang, our president and a director, and Matthew Kupersmith, our CFO, who together contribute extensive experience in operations, investments and acquisitions. The varied backgrounds of our management team offer us a distinct advantage in identifying, assessing and executing transactions with exceptional businesses. Our executive officers are among the principals of Irenic Capital Management LP, or Irenic. Our sponsor is principally owned by Irenic’s Evergreen Fund .

Adam Katz, our CEO, co-founded Irenic in 2021. Previously he was an associate portfolio manager at Elliott Management’s situational investing group, where he evaluated and executed across special situations, activism, private equity and distressed/complex credit. At both Irenic and Elliott, Mr. Katz took significant stakes in aerospace and defense businesses with government programs, contract-driven cash flows and intricate stakeholder dynamics. At Irenic, he has led multiple high-profile public engagements and board-level initiatives, including an activist campaign at Barnes Group Inc., an industrial and aerospace company, where Irenic nominated him to the board, entered into a cooperation agreement and subsequently saw the company acquired by Apollo Funds in a $3.6 billion all-cash transaction that closed in January 2025. Mr. Katz is also recognized externally for his investing acumen, having been named one of Institutional Investor’s “Hedge Fund Rising Stars” (2023). 

E-Fei Wang, our president and a director, is a managing director and the head of private equity at Irenic. Mr. Wang has over 10 years of investing experience across the technology, media, industrials, aerospace and defense, and metals and mining sectors, serving as a principal on the private equity team at Apollo Global Management for eight years prior to joining Irenic. Mr. Wang worked closely with Irenic on the $5.2 billion take-private of Arconic Corporation. Mr. Wang has served as a board member of Arconic Corporation since August 2023 and previously served as a board member of Yahoo Inc. from December 2022 to March 2026 (he continues to serve as a board observer)..

Matthew Kupersmith, our CFO, is an advisor to Irenic and has over 20 years of principal investment and operating experience in private equity and alternative asset management. He was most recently a Managing Director at Oaktree Capital Management. Prior to Oaktree, Mr. Kupersmith was co-founder and Chief Investment Officer of alternative asset manager Iron Compass LLC, Managing Director and Head of North American Private Investments at Och-Ziff Capital Management and Associate at Berkshire Partners. He began his career as an investment banker at Goldman Sachs. Mr. Kupersmith has served as a lead board member for numerous portfolio companies across a range of industries.

(Note: Irenic Acquisition Corp. filed its S-1 for its SPAC IPO on April 10, 2026, and disclosed the terms: 22 million units at $10.00 each to raise $220 million. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.)

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Industry: BLANK CHECKS
Employees: 0
Founded: 2025
Contact Information
Address 767 Fifth Avenue, 15th Floor New York, New York 10153
Phone Number (646) 993-6330
Web Address
View Prospectus: Irenic Acquisition Corp.
Financial Information
Market Cap $281.4mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol IACQU
Exchange NASDAQ
Shares (millions): 22.0
Price range $10.00 - $10.00
Est. $ Volume $220.0 mil
Manager / Joint Managers Jefferies
CO-Managers Odeon Capital Group, LLC
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change