secwatch.observer — SEC 8-K summary
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Issuer:     Siddhi Acquisition Corp (Cayman Islands) (SDHI)
CIK:        0002034037
Form:       8-K
Filed at:   2025-04-03T23:59:59+00:00
Accession:  0001213900-25-028614
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Siddhi Acquisition prices upsized $276M IPO; 27.6M units at $10, trust $277.38M
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- IPO of 27,600,000 units (including full over-allotment) at $10.00/unit, gross proceeds $276 million.
- Private placement of 338,000 units to Sponsor at $10 each; total trust account funded with $277.38 million.
- Units trade on Nasdaq under "SDHIU" starting April 1, 2025; separate trading of shares ("SDHI") and rights ("SDHIR") expected within 52 days.
- Santander US Capital Markets acted as sole book-running manager for the offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2034037/000121390025028614/0001213900-25-028614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2034037/000121390025028614/ea0236994-8k_siddhi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-028614

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