A pedestrian walks past Toronto Stock Exchange signage in Toronto’s Financial District, Tuesday July 29, 2025. Photo by Peter J. Thompson/National Post

MAK Acquisition Corp., a blank-check company led by former Dye & Durham Ltd. executives, filed for a US$100 million initial public offering , seeking to capitalize on investor interest in technology and defence-related deals.

The Toronto-based special purpose acquisition company, or SPAC, plans to sell 10 million units at US$10 each, according to a preliminary prospectus filed Friday with Canadian regulators. The securities are expected to list on the Toronto Stock Exchange.

Canaccord Genuity Corp. and CIBC Capital Markets are leading the IPO, with an option for underwriters to increase the size to US$110 million. MAK will try to

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