ESH Acquisition Corp.

ESH Acquisition Corp. is a blank check company incorporated in Delaware on November 17, 2021. The company's sole purpose is to complete an initial business combination, such as a merger, capital stock exchange, asset acquisition, stock purchase, or reorganization, with one or more unidentified businesses or entities. ESH Acquisition Corp. plans to fund this initial business combination using cash from its initial public offering (IPO) and the private placement of private placement warrants. Additional funding sources may include proceeds from the sale of its shares in connection with the business combination, shares issued to target company owners, or debt from banks, other lenders, or target owners, or a combination of these methods. On June 16, 2023, the company completed its IPO, selling 11,500,000 units at $10.00 per unit, which included the underwriters' full exercise of their over-allotment option for 1,500,000 units, generating gross proceeds of $115,000,000. Concurrently with the IPO closing, ESH Acquisition Corp. sold 7,470,000 private placement warrants at $1.00 per warrant to ESH Sponsor LLC, I-Bankers Securities, Inc., and Dawson James, generating gross proceeds of $7,470,000.