<a href="https://laohu8.com/S/IVAUF">Investcorp AI Acquisition Corp.</a> Completes Sale of Shares and Warrants to Samara Special Opportunities, Installs New Leadership
Investcorp AI Acquisition Corp., a Cayman Islands exempted company, announced the completion of a purchase agreement with ICE I Holdings Pte. Ltd. and Samara Special Opportunities, also a Cayman Island exempted company. Under the agreement, Samara Special Opportunities acquired 4,528,124 Class A ordinary shares, one Class B ordinary share, and 11,261,250 private placement warrants from ICE I Holdings for a total of $1.00. The transaction, which closed on August 28, 2025, saw changes in the leadership of Investcorp AI Acquisition Corp. with the resignation of Nikhil Kalghatgi and Dean Clinton from their officer roles, and the appointment of Vikas Mittal as Principal Executive Officer and James DeAngelis as Principal Financial Officer. Additionally, the company's board saw new appointments with the resignation of Nikhil Kalghatgi, Rishi Kapoor, and Dean Clinton, replaced by Vikas Mittal and James DeAngelis as new directors. Further board changes are expected following the expiration of certain waiting periods.
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