secwatch.observer — SEC 8-K summary
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Issuer:     Praetorian Acquisition Corp. (PTOR)
CIK:        0002093912
Form:       8-K
Filed at:   2026-01-30T23:59:59+00:00
Accession:  0001213900-26-010243
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Praetorian Acquisition Corp. closes $220M IPO of 22M units at $10
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- IPO of 22,000,000 units at $10 each, gross $220M; each unit consists of one Class A share and one-third warrant.
- Private placement of 4,670,000 warrants to sponsor at $1 each raises additional $4.67M.
- $220M placed in trust with Odyssey Transfer; held for future business combination within 24-27 months.
- Underwriters have 45-day over-allotment option for up to 3.3M additional units.
- Offering costs total $9.2M; accumulated deficit $4.2M as of January 26, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2093912/000121390026010243/0001213900-26-010243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2093912/000121390026010243/ea0274760-8k_praetorian.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-010243

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