AMR Resources Acquisition Corp Announces Closing of $260,000,000 Initial Public Offering, Including Partial Exercise of Underwriters' Over-Allotment Option

AMR Resources Acquisition Corp (Nasdaq: AMACU) (the “Company”) today announced that it closed its initial public offering (the “IPO”) of 26,000,000 units at $10.00 per unit, including the issuance of 1,000,000 units as result of the underwriter’s partial exercise of its over-allotment option. The gross proceeds from the offering were $260 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the Global Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “AMACU” on July 17, 2026. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “AMAC” and “AMACW”, respectively. The Company intends to use the net proceeds from the offering, and the simultaneous private placements of units, to consummate the Company’s initial business combination. BTIG, LLC acted as the sole book-running manager in the offering. A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on July 16, 2026. The Company is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While it may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus on industries that complement the management team’s and board of director’s background and network, and to capitalize on the ability of its management team and board of directors to identify and acquire a business, focusing on the mineral resources sector. AMR Resources Sponsors LLC is the company sponsor.