# B&R Technology Merger Corp. — capital_raise/private_placement [completed]
Source: SEC API (secapi.ai) · situation sit_b3ddf8581dc0ca779ce5 · retrieved 2026-08-11T15:50:51.293Z

## Overview
B&R Technology Merger Corp. is a blank-check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses not yet identified.

B&R Technology Merger Corp., a blank-check company incorporated in the Cayman Islands, consummated its initial public offering on July 22, 2026, selling 32,500,000 units at $10.00 per unit for gross proceeds of $325,000,000. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant exercisable at $11.50 per share. Simultaneously, the Company's sponsor, B&R Technology Sponsor LLC (Cayman), purchased 687,500 private placement units at $10.00 per unit for gross proceeds of $6,875,000. The underwriter received a 45-day option to purchase up to 4,875,000 additional units at the IPO price to cover over-allotments.

## Terms
- Counterparty: Citigroup Global Markets Inc. · Deal value: $331.9M · Consideration: cash · Price/share: $10

## Key dates
- Announced 2026-07-23 · Completed 2026-07-22

## Timeline
- 2026-07-23 · 8-K (0001193125-26-312808): 8-K - B&R Technology Merger Corp. — *B&R Technology Merger Corp. is a Cayman Islands exempted company formed as a blank-check company to effect a business combination with one or more operating businesses.* B&R Technology Merger Corp., a Cayman Islands blank-check company, consummated its initial public offering on July 22, 2026, selling 32,500,000 units at $10.00 per unit for gross proceeds of $325,000,000. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant exercisable for one Class A ordinary share at $11.50 per share. The underwriter, Citigroup Global Markets Inc., received a 45-day option to purchase up to 4,875,000 additional units at the IPO price to cover over-allotments. Simultaneously, the Sponsor purchased 687,500 private placement units at $10.00 per unit for $6,875,000. The net proceeds of $325,000,000 from the IPO (including $13,000,000 of deferred underwriting discount) plus the private placement proceeds were deposited in a trust account.
  https://www.sec.gov/Archives/edgar/data/2131350/0001193125-26-312808.txt
- 2026-07-30 · 8-K (0001193125-26-326166): 8-K - B&R Technology Merger Corp. — *B&R Technology Merger Corp. is a blank-check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses not yet identified.* B&R Technology Merger Corp., a blank-check company incorporated in the Cayman Islands, consummated its initial public offering on July 22, 2026, selling 32,500,000 units at $10.00 per unit for gross proceeds of $325,000,000. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant exercisable at $11.50 per share. Simultaneously, the Company's sponsor, B&R Technology Sponsor LLC (Cayman), purchased 687,500 private placement units at $10.00 per unit for gross proceeds of $6,875,000. The underwriter received a 45-day option to purchase up to 4,875,000 additional units at the IPO price to cover over-allotments.
  https://www.sec.gov/Archives/edgar/data/2131350/0001193125-26-326166.txt

## Citations
- 0001193125-26-312808 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526312808
- 0001193125-26-326166 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526326166