secwatch.observer — SEC 8-K summary
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Issuer:     Charlton Aria Acquisition Corp (CHAR)
CIK:        0002024459
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001213900-24-092875
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPAC Charlton Aria completes $75M IPO; proceeds held in trust for business combination
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- IPO of 7.5M units at $10/unit raised $75M gross; private placement of 240K units to sponsor raised $2.4M.
- Trust account holds $75.1875M from IPO and private placement, net of expenses.
- Company has $850K cash outside trust; working deficit of $21K; expects significant costs in pursuit of deal.
- Auditor raises substantial doubt about going concern if business combination not completed by April 25, 2026.
- Balance sheet as of Oct 25, 2024: total assets $76.05M, total liabilities $2.39M, shareholders' deficit $1.52M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2024459/000121390024092875/0001213900-24-092875-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2024459/000121390024092875/ea0219147-8k_charlton.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-092875

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