---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-029974"
form_type: "8-K"
ticker: "SDHI"
cik: "0002034037"
company_name: "Siddhi Acquisition Corp (Cayman Islands)"
filed_at: "2025-04-08T23:59:59+00:00"
generated_at: "2026-05-23T19:13:12.061980+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Siddhi Acquisition Corp closes $276M IPO and $3.38M private placement; trust funded with $277.38M

## Summary
- IPO of 27.6M units at $10.00/each (including full over-allotment); gross proceeds $276M.
- Private placement of 338,000 units to sponsor Siddhi Sponsor LLC; gross $3.38M.
- $277.38M deposited in trust; per-share redemption value $10.05 as of April 2, 2025.
- Balance sheet shows $278.85M total assets, $16.93M liabilities, and $277.38M temporary equity (Class A shares subject to redemption).
- SPAC must complete initial business combination within 21 months (24 if definitive agreement signed by month 21) or liquidate.

## SEC filing metadata
- accession: 0001213900-25-029974
- form_type: 8-K
- ticker: SDHI
- cik: 0002034037
- company_name: Siddhi Acquisition Corp (Cayman Islands)
- filed_at: 2025-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2034037/000121390025029974/0001213900-25-029974-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2034037/000121390025029974/ea0237160-8k_siddhiacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-029974
- JSON: https://secwatch.observer/filing/0001213900-25-029974.json
- Plain text: https://secwatch.observer/filing/0001213900-25-029974.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.