{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-070338","form_type":"8-K","ticker":null,"cik":"0001950429","company_name":"99 Acquisition Group Inc.","filed_at":"2023-08-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.115794+00:00","generated_at":"2026-06-11T05:04:42.562506+00:00","sec_items":["1.01","3.02","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"99 Acquisition Group prices $75M IPO of 7.5M units at $10/unit; Nasdaq listing under NNAGU","bullets":["Gross proceeds of $75M from 7.5M units; each unit has 1 share Class A, 1 warrant ($11.50 strike), 1 right (1/5 share).","Private placement of 2,865,500 warrants to sponsor 99 Acquisition Sponsor LLC for $2,865,500.","SPAC targeting real estate businesses with enterprise value $75M to $150M; led by CEO Hiren Patel.","Underwriter EF Hutton (sole book-runner) has 45-day option for up to 1,125,000 additional units.","$75,750,000 net proceeds deposited in trust account for benefit of public stockholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-070338","json":"https://secwatch.observer/filing/0001213900-23-070338.json","markdown":"https://secwatch.observer/filing/0001213900-23-070338.md","text":"https://secwatch.observer/filing/0001213900-23-070338.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/ea184125-8k_99acquisition.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T05:04:42.562506+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"41f30a6e2aef6d168353cd9ba6492b1f43621b0e","claim":"99 Acquisition Group Inc.: Filed Amended and Restated Certificate of Incorporation in connection with IPO (effective 2023-08-17).","evidence_excerpt":"On August 17, 2023, in connection with the IPO, the Company filed its Amended and Restated Certificate of Incorporation with the Delaware Secretary of State.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.4,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"governance_change"},{"claim_id":"0ca7c197d7f99ca6ab980e3d812f30475e150d07","claim":"99 Acquisition Group Inc. entered into Registration Rights Agreement with Company and initial stockholders valued at Registration rights among Company and initial stockholders (effective 2023-08-17).","evidence_excerpt":"● A Registration Rights Agreement, dated August 17, 2023, by and among the Company and the initial stockholders of the Company;","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Company and initial stockholders"},{"label":"Value","value":"Registration rights among Company and initial stockholders"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"},{"claim_id":"0e1891373bb0b6370efe962c47e054c2971e8867","claim":"99 Acquisition Group Inc. entered into Warrant Agreement with Continental Stock Transfer & Trust Company valued at Warrant entitling holder to purchase one share of Class A common stock at $11.50 per whole share (effective 2023-08-17).","evidence_excerpt":"● A Warrant Agreement, dated August 17, 2023, by and between the Company and Continental Stock Transfer & Trust Company;","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Continental Stock Transfer & Trust Company"},{"label":"Value","value":"Warrant entitling holder to purchase one share of Class A common stock at $11.50 per whole share"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"},{"claim_id":"146313f899f0844897a8cd8100d4cd050a5a35ce","claim":"99 Acquisition Group Inc. entered into Letter Agreements with Company's officers, directors and 99 Acquisition Sponsor LLC valued at Letter agreements with officers, directors and sponsor (effective 2023-08-17).","evidence_excerpt":"● Letter Agreements, dated August 17, 2023, by the Company’s officers, directors and 99 Acquisition Sponsor LLC; ● An Investment Management Trust Agreement, dated August 17, 2023, by and between the Company and Continental Stock Transfer & Trust Company; ● A Registration Rights Agreement, dated August 17, 2023, by and among the Company and the initial stockholders of the Company; ● Indemnity Agreement, dated August 17, 2023, by and between the Company and the directors and officers of the Company; ● A Subscription Agreement, dated August 17, 2023, by and among the Company and 99 Acquisition Sponsor LLC; ● An Administrative Services Agreement, dated August 17, 2023, by and","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Company's officers, directors and 99 Acquisition Sponsor LLC"},{"label":"Value","value":"Letter agreements with officers, directors and sponsor"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"},{"claim_id":"21f7a07896b958e4123dbffb9d6206f959d65ec9","claim":"99 Acquisition Group Inc. entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company valued at Trust account established for benefit of public stockholders, $75,750,000 deposited as of July 19, 2 (effective 2023-08-17).","evidence_excerpt":"● An Investment Management Trust Agreement, dated August 17, 2023, by and between the Company and Continental Stock Transfer & Trust Company;","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Continental Stock Transfer & Trust Company"},{"label":"Value","value":"Trust account established for benefit of public stockholders, $75,750,000 deposited as of July 19, 2"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"},{"claim_id":"43cc1f86d5b0cb7cf032f3a5083f5d3d1d4434b5","claim":"99 Acquisition Group Inc. entered into Underwriting Agreement with EF Hutton, division of Benchmark Investments valued at $75,000,000 gross proceeds from IPO of 7,500,000 units at $10.00 per unit (effective 2023-08-17).","evidence_excerpt":"On August 14, 2023, the registration statement (File No. 333-269923) (the “Registration Statement”) relating to the initial public offering (“IPO”) of 99 Acquisition Group Inc. (the “Company”) was declared effective by the Securities and Exchange Commission. In connection therewith, the Company entered into the following agreements previously filed as exhibits to the Registration Statement: ● An Underwriting Agreement, dated August 17, 2023, by and between the Company and EF Hutton, division of Benchmark Investments, as representative of the underwriters;","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"EF Hutton, division of Benchmark Investments"},{"label":"Value","value":"$75,000,000 gross proceeds from IPO of 7,500,000 units at $10.00 per unit"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"},{"claim_id":"a7c0f469b7423adbbeaf75bf3db047cfe89df837","claim":"99 Acquisition Group Inc. entered into Subscription Agreement with Company and 99 Acquisition Sponsor LLC valued at Subscription agreement with sponsor (effective 2023-08-17).","evidence_excerpt":"● A Subscription Agreement, dated August 17, 2023, by and among the Company and 99 Acquisition Sponsor LLC; ● An Administrative Services Agreement, dated August 17, 2023, by and","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Company and 99 Acquisition Sponsor LLC"},{"label":"Value","value":"Subscription agreement with sponsor"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"},{"claim_id":"b05df8fc5280a71cf8e6856f79158b732b054f8d","claim":"99 Acquisition Group Inc. entered into Rights Agreement with Continental Stock Transfer & Trust Company valued at Each Unit includes one right entitling holder to receive one-fifth of one share of Common Stock upon (effective 2023-08-17).","evidence_excerpt":"● A Warrant Agreement, dated August 17, 2023, by and between the Company and Continental Stock Transfer & Trust Company; ● A Rights Agreement, dated August 17, 2023, by and between the Company and Continental Stock Transfer & Trust Company; ● Letter Agreements, dated August 17, 2023, by the Company’s officers, directors and 99 Acquisition Sponsor LLC; ● An Investment Management Trust Agreement, dated August 17, 2023, by and between the Company and Continental Stock Transfer & Trust Company; ● A Registration Rights Agreement, dated August 17, 2023, by and among the Company and the initial stockholders of the Company; ● Indemnity Agreement, dated August 17, 2023, by and between the Company and the directors and officers of the Company; ● A Subscription Agreement, dated August 17, 2023, by and among the Company and 99 Acquisition Sponsor LLC; ● An Administrative Services Agreement, dated Au","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Continental Stock Transfer & Trust Company"},{"label":"Value","value":"Each Unit includes one right entitling holder to receive one-fifth of one share of Common Stock upon"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"},{"claim_id":"b61ad4ee7f0346dc394ce7b64d915168a95f4fdc","claim":"99 Acquisition Group Inc. entered into Administrative Services Agreement with Company and 99 Acquisition Sponsor LLC valued at Administrative services agreement with sponsor (effective 2023-08-17).","evidence_excerpt":"● An Administrative Services Agreement, dated August 17, 2023, by and between the Company and 99 Acquisition Sponsor LLC.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Company and 99 Acquisition Sponsor LLC"},{"label":"Value","value":"Administrative services agreement with sponsor"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"},{"claim_id":"c1f8f15f3132148506ff6ea5c6cb412be98afbf2","claim":"99 Acquisition Group Inc. entered into Indemnity Agreement with Company and directors and officers valued at Indemnity agreement with directors and officers (effective 2023-08-17).","evidence_excerpt":"● Indemnity Agreement, dated August 17, 2023, by and between the Company and the directors and officers of the Company; ● A Subscription Agreement, dated August 17, 2023, by and among the Company and 99 Acquisition Sponsor LLC; ● An Administrative Services Agreement, dated August 17, 2023, by and","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950429/000121390023070338/0001213900-23-070338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Company and directors and officers"},{"label":"Value","value":"Indemnity agreement with directors and officers"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}