secwatch.observer — SEC 8-K summary
======================================

Issuer:     Space Asset Acquisition Corp. (SAAQ)
CIK:        0002091222
Form:       8-K
Filed at:   2026-01-30T23:59:59+00:00
Accession:  0001213900-26-010205
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Space Asset Acquisition Corp. closes $230M IPO including full over-allotment; $230M placed in trust
--------------------------------------------------------------------------------

- IPO of 23M units at $10 each (including 3M over-allotment); gross proceeds $230M.
- Private placement of 645,000 units at $10 each to sponsor & BTIG raised $6.45M.
- $230M deposited into U.S. trust account with Efficiency INC. as trustee.
- Independent directors appointed: Eric Zahler, Anders Johnson, Celeste Ford; board classified.
- Units trade on Nasdaq (SAAQU); common shares (SAAQ) and warrants (SAAQW) expected to begin separate trading.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2091222/000121390026010205/0001213900-26-010205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2091222/000121390026010205/ea0274574-8k_space.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-010205

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