secwatch.observer — SEC 8-K summary
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Issuer:     JVSPAC Acquisition Corp. (—)
CIK:        0001866001
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001104659-24-006243
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JVSPAC completes IPO of 5.75M units, raises $57.5M; sponsor buys 240k private units for $2.4M
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- Gross proceeds of $57.5M from IPO of 5,750,000 units at $10.00 per unit.
- Sponsor Winky Investments purchased 240,000 private units at $10.00 each for $2.4M.
- Trust account funded with $57.5M from IPO and private placement proceeds.
- Underwriter's over-allotment option fully exercised; all 5.75M units sold.
- Company has 12-18 months to complete a business combination or will liquidate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866001/000110465924006243/0001104659-24-006243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866001/000110465924006243/tm243911d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-006243

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer