--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-26-011634" form_type: "8-K" ticker: "WPAC" cik: "0002081536" company_name: "White Pearl Acquisition Corp." filed_at: "2026-02-04T23:59:59+00:00" generated_at: "2026-05-16T05:06:00.304916+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # White Pearl Acquisition Corp. closes $115M SPAC IPO at $10/unit, including full overallotment ## Summary - IPO closed Feb 3, 2026; 11,500,000 units sold at $10 each, gross proceeds $115M (full exercise of 1.5M-unit over-allotment). - Each unit consists of one Class A ordinary share and one right to receive one-fifth of a share upon initial business combination. - Sponsor White Pearl Group Limited purchased 290,000 private units at $10/unit, grossing $2.9M in concurrent private placement. - Net IPO and private placement proceeds of $115M deposited in trust account for public shareholders. - Company targets businesses in FinTech, InfoTech, and business services sectors. ## SEC filing metadata - accession: 0001213900-26-011634 - form_type: 8-K - ticker: WPAC - cik: 0002081536 - company_name: White Pearl Acquisition Corp. - filed_at: 2026-02-04T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 3.02, 5.03, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/2081536/000121390026011634/0001213900-26-011634-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2081536/000121390026011634/ea0274737-8k_white.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-26-011634 - JSON: https://secwatch.observer/filing/0001213900-26-011634.json - Plain text: https://secwatch.observer/filing/0001213900-26-011634.txt ## Source-grounded claims - claim_id: b2be64973d1b299ac04bbb7ec0207fb9f49dfd49 claim: White Pearl Acquisition Corp.: Filed Amended and Restated Memorandum and Articles of Association in connection with IPO (effective 2026-01-30). evidence_excerpt: On January 30, 2026, in connection with the IPO, the Company filed its Amended and Restated Memorandum and Articles of Association, as described in the Registration Statement, with the Registry of Corporate Affairs of British Virgin Islands. evidence_url: https://www.sec.gov/Archives/edgar/data/2081536/000121390026011634/0001213900-26-011634-index.htm - claim_id: 5113a7a781b5079a34f35a63e1a43e9c92357a7a claim: White Pearl Acquisition Corp. entered into Unit Subscription Agreement with White Pearl Group Limited (effective 2026-01-30). evidence_excerpt: Boral Capital LLC and White Pearl Group Limited; ● Investment Management Trust Agreement, dated January 30, 2026, by and between Continental Stock Transfer & Trust Company and the Company; ● Registration Rights Agreement, dated January 30, 2026, by and among the Company and certain securityholders of the Company; ● Unit Subscription Agreement, dated January 30, 2026, by and between the Company and White Pearl Group Limited; ● Indemnity Agreement, dated January 30, 2026, by and between the Company’s sponsor, officers and directors and the Company; On February 3, 2026, the Company consummated the evidence_url: https://www.sec.gov/Archives/edgar/data/2081536/000121390026011634/0001213900-26-011634-index.htm - claim_id: 5af685bc385d1ab010e491e0ec5bcd1dbd93d702 claim: White Pearl Acquisition Corp. entered into Underwriting Agreement with D. Boral Capital LLC (effective 2026-01-30). evidence_excerpt: ts IPO, the Company entered into the following agreements, the forms of which were previously filed as exhibits to the Registration Statement: ● Underwriting Agreement, dated January 30, 2026, by and between the Company and D. evidence_url: https://www.sec.gov/Archives/edgar/data/2081536/000121390026011634/0001213900-26-011634-index.htm - claim_id: 8be8ca896084df60a2b492ca7db0cdb2e00a23fb claim: White Pearl Acquisition Corp. entered into Letter Agreement with Company’s officers, directors, D. Boral Capital LLC and White Pearl Group Limited (effective 2026-01-30). evidence_excerpt: Letter Agreement, dated January 30, 2026, by and between the Company’s officers, directors, D. Boral Capital LLC and White Pearl Group Limited evidence_url: https://www.sec.gov/Archives/edgar/data/2081536/000121390026011634/0001213900-26-011634-index.htm - claim_id: bcc129684bc47bd028320f037ffe1cfaaeb3cb7c claim: White Pearl Acquisition Corp. entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2026-01-30). evidence_excerpt: Investment Management Trust Agreement, dated January 30, 2026, by and between Continental Stock Transfer & Trust Company and the Company evidence_url: https://www.sec.gov/Archives/edgar/data/2081536/000121390026011634/0001213900-26-011634-index.htm - claim_id: e992941104eff5c2fcbcbf02febbc1fbd649568a claim: White Pearl Acquisition Corp. entered into Rights Agreement with Continental Stock Transfer & Trust Company (effective 2026-01-30). evidence_excerpt: ● Rights Agreement, dated January 30, 2026, by and between the Company and Continental Stock Transfer & Trust Company; ● Letter Agreement, dated January 30, 2026, by and between the Company’s officers, directors, D. evidence_url: https://www.sec.gov/Archives/edgar/data/2081536/000121390026011634/0001213900-26-011634-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.