#Mexico #IPO #West Enclave #Ciudad de Mexico #NYSE WENCU

West Enclave Merger Corp. Announces Full Exercise of Underwriters' Over-Allotment Option in Connection with Its Initial Public Offering

West Enclave Merger Corp. has made headlines with its latest update regarding its initial public offering (IPO). On May 6, 2026, the company reported that the underwriters involved in its previously announced IPO have completely executed their over-allotment option. This move led to the issuance of an additional 1,500,000 units at a public offering price set at $10.00 per unit. Consequently, after this exercise, the cumulative total of units issued in the IPO amounts to 11,500,000, generating a substantial aggregate offering price of $115 million.

The purpose of West Enclave Merger Corp. is to serve as a special purpose acquisition company (SPAC) aimed at merging with, or acquiring assets from, other businesses. This company is strategically positioned to pursue targets across various geographies and industries, with a particular focus on identifying promising enterprises in Latin America. It may also target U.S.-based businesses whose operations and growth strategies are poised to benefit from the increasingly interconnected economies of the U.S. and Latin America, notably Mexico.

The units generated during this IPO are now listed and actively trading on The New York Stock Exchange under the ticker symbol "WENC U." Each unit is composed of one ordinary share and one right, which grants the holder the right to receive one-tenth of an ordinary share upon the successful completion of an initial business combination. As the trading instructions for these units separate and evolve, the ordinary shares and rights expect to be listed under the symbols "WENC" and "WENC RT," respectively.

EarlyBirdCapital, Inc. played the crucial role of the sole book-running manager throughout this offering, orchestrating the deal that has drawn much attention and investor interest.

The registration statement linking these securities was declared effective by the Securities and Exchange Commission (SEC) on April 29, 2026. This offering is exclusive to the details provided in a prospectus, which can be obtained by contacting EarlyBirdCapital, Inc. at their New York offices.

It is vital to note that this press release does not act as an offer to sell or a solicitation of offers to buy any securities, nor does it involve any sales in any jurisdiction where such activities would breach legal stipulations prior to proper registration.

About West Enclave Merger Corp.

West Enclave Merger Corp. is categorized as a blank check company, established with a mission to execute mergers, share exchanges, or similar business combinations. The senior leadership includes Co-Chairman and Co-CEO Emilio Mahuad Quijano and Co-Chairman and Co-CEO Adrian Otero Rosiles. These leaders are dedicated to discovering high-quality targets that can thrive in Latin America or businesses within the U.S. aimed at leveraging the burgeoning economic ties with Latin America.

Forward-Looking Statements

This announcement encompasses forward-looking statements characterized by inherent risks and uncertainties. These statements, which are not grounded in historical facts, include anticipations related to the allocation of proceeds from the IPO. As always, these future statements may not accurately reflect actual results, which are susceptible to variations. Therefore, the company does not guarantee that the described offering will occur as stated, or at all, or that proceeds will be utilized as described. West Enclave Merger Corp. explicitly disclaims any responsibility or plans to publicly release updates or revisions on these forward-looking statements unless mandated by law.

For media inquiries, West Enclave Merger Corp. can be contacted through Emilio Mahuad Quijano and Adrian Otero Rosiles via the provided emails.