---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-007868"
form_type: "8-K"
ticker: "PTOR"
cik: "0002093912"
company_name: "Praetorian Acquisition Corp."
filed_at: "2026-01-27T23:59:59+00:00"
generated_at: "2026-05-16T07:39:53.626491+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Praetorian Acquisition Corp. closes $220M IPO; units trade under 'PTORU'

## Summary
- Gross proceeds of $220M from 22M units at $10.00 each; 45-day over-allotment option for up to 3.3M additional units.
- Simultaneous private placement of 4.67M warrants to sponsor for $4.67M; private warrants identical to public warrants.
- Total $220M placed in trust account; funds released only upon business combination, liquidation, or redemption.
- Board expanded with four new directors (Ondishin, Seligman, Dorfman, Elias); audit committee formed.
- Units began trading Jan 23, 2026 on Nasdaq under PTORU; Class A shares and warrants expected under PTOR and PTORW.

## SEC filing metadata
- accession: 0001213900-26-007868
- form_type: 8-K
- ticker: PTOR
- cik: 0002093912
- company_name: Praetorian Acquisition Corp.
- filed_at: 2026-01-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2093912/000121390026007868/0001213900-26-007868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2093912/000121390026007868/ea0274084-8k_praetorian.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-007868
- JSON: https://secwatch.observer/filing/0001213900-26-007868.json
- Plain text: https://secwatch.observer/filing/0001213900-26-007868.txt

## Source-grounded claims
- claim_id: ad601acd3a145f824b1cd03f9eae6d80a85b4bea
  claim: Praetorian Acquisition Corp.: Filed amended and restated memorandum and articles of association effective upon filing (effective 2026-01-22).
  evidence_excerpt: On January 22, 2026, in connection with the Offering, the Company filed its amended and restated memorandum and articles of association (the “ Amended and Restated Memorandum and Articles of Association ”) with the Cayman Islands Registrar of Companies, which became effective on January 22, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2093912/000121390026007868/0001213900-26-007868-index.htm
- claim_id: 1c9a0d4d4d94e57a8ad7fdf3ad65988037f18a27
  claim: Praetorian Acquisition Corp. entered into Private Placement Warrants Purchase Agreement with Praetorian Sponsor LLC (the “ Sponsor ”) (effective 2026-01-22).
  evidence_excerpt: A Private Placement Warrants Purchase Agreement, dated January 22, 2026 (the “ Private Placement Warrants Purchase Agreement ”), by and between the Company and the Sponsor, a copy of which is attached as Exhibit 10.4 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2093912/000121390026007868/0001213900-26-007868-index.htm
- claim_id: c63e58211ea09a0db98df50b29d4f8ea975d334b
  claim: Praetorian Acquisition Corp. entered into Underwriting Agreement with Clear Street LLC, as representative of the several underwriters valued at gross proceeds to the Company of $220,000,000 (effective 2026-01-22).
  evidence_excerpt: An Underwriting Agreement, dated January 22, 2026, by and between the Company and Clear Street LLC, as representative of the several underwriters (collectively, the “ Underwriters ”), a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2093912/000121390026007868/0001213900-26-007868-index.htm

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