secwatch.observer — SEC 8-K summary
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Issuer:     EGH Acquisition Corp. (EGHA)
CIK:        0002052547
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001104659-25-050069
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EGH Acquisition Corp. closes $150M IPO and $5M private placement on May 12, 2025
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- Closed IPO of 15,000,000 units at $10.00 each for $150,000,000 gross proceeds; units trade on Nasdaq.
- Private placement of 500,000 units to sponsor (350,000) and underwriters (150,000) raised additional $5,000,000.
- Net proceeds of $150,000,000 deposited in trust account; $6,000,000 deferred underwriting fee payable.
- Audited balance sheet as of 5/12/25: $151.9M assets, $6.7M liabilities, $150M shares subject to redemption, $(4.8M) shareholder deficit.
- Company has 24 months from IPO to complete an initial business combination or face liquidation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2052547/000110465925050069/0001104659-25-050069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2052547/000110465925050069/tm2515313d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-050069

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