EGH Acquisition, a blank check company targeting the power, energy transition, and sustainability spaces, filed on Wednesday with the SEC to raise up to $150 million in an initial public offering.
The Lakewood Ranch, FL-based company plans to raise $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one right to receive one-tenth of a share upon the completion of an initial business combination.
EGH Acquisition is led by Executive Chair and CFO Vincent Cubbage and CEO and Director Andrew Lipsher, the co-founders and Managing Partners of Energy Growth Holdings. Cubbage has led several previous SPACs. EGH Acquisition plans to target the broad power market and energy transition or sustainability arena, focusing on industries that require reliable and cost effective power and/or innovative decarbonization solutions in order to meet critical energy supply needs or emission reduction objectives.
EGH Acquisition was founded in 2025 and plans to list on the Nasdaq under the symbol EGHAU. Cohen & Company Securities is the sole bookrunner on the deal.
