New York – October 13, 2026 -- Harbour Island Acquisition Corp. I priced its initial public offering of 10,000,000 units at $10.00 per unit, raising $100 million for a blank check vehicle that targets the supply chain behind semiconductors, AI and defense technology.
Units begin trading on Nasdaq Global Market on October 14 under HRIAU
The units are expected to be listed on the Global Market tier of The Nasdaq Stock Market and to start trading on October 14, 2026. The offering is expected to close on October 15, 2026, subject to customary closing conditions.
Each unit consists of one Class A ordinary share and one redeemable warrant. Each warrant entitles its holder to buy one Class A ordinary share at an exercise price of $11.50, subject to certain adjustments. Once the components begin separate trading, the shares and warrants are expected to trade under the symbols HRIA and HRIAW, respectively.
Underwriters hold a 45-day option on 1,500,000 additional units
The company granted the underwriters a 45-day option to purchase up to 1,500,000 additional units at the IPO price to cover over-allotments, if any. Full exercise would add 15% to the base deal. Clear Street LLC is the sole book-running manager.
The SEC declared the registration statement effective on October 13, 2026.
Acquisition focus centers on industrial materials and technology supply chains
The company was formed to pursue a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It may pursue targets in any industry, sector or geographic region.
Its primary focus is on businesses in industrial materials, engineered components, and the equipment and supply chain that support production of technology assets. Named verticals include semiconductors and semiconductor equipment, artificial intelligence and AI-enabled software, data infrastructure, robotics and automation, and aerospace and defense.
McAndrew Rudisill leads management as CEO and Chairman
McAndrew Rudisill serves as Chief Executive Officer and Chairman of the Board, and Samuel Knipper is Chief Financial Officer. The board also includes Ryan Smith, Michael Edwards, Benjamin Piggott and James Muchmore.