secwatch.observer — SEC 8-K summary
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Issuer:     Praetorian Acquisition Corp. (PTOR)
CIK:        0002093912
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001213900-26-007868
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2093912/000121390026007868/0001213900-26-007868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2093912/000121390026007868/ea0274084-8k_praetorian.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-007868

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