Correction: Keystone Acquisition Corp. Announces Closing of $287.5 Million Initial Public Offering Including Exercise of Underwriters’ Over-Allotment Option

Keystone Acquisition Corp. (NASDAQ: KEYYU) closed its IPO of 28.75 million units at $10.025 per unit, raising $287.5 million including the exercise of underwriters' over-allotment option. The company also completed a concurrent private placement of 8.47 million warrants for $8.47 million. The blank check company intends to pursue business combinations in high-growth sectors including energy transition, critical minerals, shipbuilding, semiconductors, digital infrastructure, and digital assets.