secwatch.observer — SEC 8-K summary
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Issuer:     Xsolla SPAC 1 (XSLL)
CIK:        0002088807
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001213900-26-010421
Event type: other_material
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xsolla SPAC 1 closes $200M IPO; units trade on Nasdaq under XSLLU
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- Priced 20M units at $10 each for gross proceeds of $200M; each unit consists of one Class A share and half a warrant.
- Underwriter D. Boral Capital granted a 45-day option to purchase up to 3M additional units to cover over-allotments.
- Concurrent private placement of 400K private units to sponsor raised $4M; units identical except registration rights and transfer restrictions.
- $200M from IPO and private placement deposited into trust for benefit of public shareholders.
- Appointed Xuan Li, Maxwell Grover, Wenfeng Yang, Perry Michael Fischer, and Eugenie Levin to the board effective January 28, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2088807/000121390026010421/0001213900-26-010421-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2088807/000121390026010421/ea0273659-8k_xsolla1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-010421

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