Lowenstein Sandler represented Perimeter Acquisition Corp. I (Nasdaq: PMTRU), a special purpose acquisition company, in its upsized initial public offering of 24,150,000 units at $10.00 per unit, raising gross proceeds of $241,500,000.  The units began trading on The Nasdaq Global Market under the ticker symbol “PMTRU” on May 13, 2025. Citigroup Global Markets Inc. served as the sole book-running manager for the offering.  The offering closed on May 14, 2025.

Perimeter Acquisition Corp. I is a public acquisition vehicle and intends to target companies in the defense and national security sectors where its management has extensive investment and operational experience. In addition, the Company expects to evaluate opportunities relating to technology, including opportunities at the convergence of defense, technology, and national security.

For more information, visit https://www.perimeteracq.com.

The Lowenstein deal team was led by Daniel L. Forman, Matthew R. Friedenberg and included Daniel C. Porco, Lauren E. Russo, and Victoria Jin. The deal team was supported by Michael Walutes, Eric Jesse, and Heather Weaver.