IPO - Swiftmerge Acquisition Corp.

Form Type: CORRESP

Filing Date: 2025-01-21

Corporate Action: Ipo

Type: New

Accession Number: 000121390025005010

Filing Summary: AleAnna, Inc. has submitted a request to the U.S. Securities and Exchange Commission to declare its Registration Statement on Form S-1 effective. The company seeks for this to take effect at 5:00 p.m. Eastern Daylight Time on January 23, 2025, or as soon as practicable thereafter. The request is in accordance with Rule 461 of the Securities Act of 1933. AleAnna has authorized legal representatives from Haynes and Boone, LLP, to modify or withdraw this request as necessary. They have also requested notification of the effectiveness via a telephone call, with contact details provided for their legal counsel. Additionally, they requested that a written order confirming the effective time and date be sent to their representative.

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Form Type: S-1

Filing Date: 2025-01-13

Corporate Action: Ipo

Type: New

Accession Number: 000121390025003048

Filing Summary: AleAnna, Inc., a Delaware corporation, filed a registration statement on Form S-1 with the SEC on January 13, 2025, to offer up to 11,250,000 shares of Class A common stock, par value $0.0001 per share, upon exercising warrants issued during the initial public offering of Swiftmerge Acquisition Corp. These Public Warrants are exercisable at a price of $11.50 per share. The document details the potential impacts on cash proceeds from warrant exercises, depending on the trading price of the Class A common stock, which has been reported below the exercise price. The filing follows a significant merger on December 13, 2024, which transformed Swiftmerge into AleAnna, upon its domestication to Delaware, resulting in a name change and a conversion of shares and warrants to AleAnna’s securities. AleAnna's business strategy focuses on natural gas development in Italy, particularly in renewable energy sectors. The document stresses the emerging growth status of AleAnna and reviews important risk factors influencing investor decisions and company operations.

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