---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-044909"
form_type: "8-K"
ticker: "VACI"
cik: "0002080023"
company_name: "Viking Acquisition Corp I"
filed_at: "2026-04-17T23:59:59+00:00"
generated_at: "2026-05-15T05:38:24.729520+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Viking Acquisition Corp. I to merge with NorthStar Earth & Space at $300M valuation with $30M PIPE

## Summary
- Viking (VACI) entered into Business Combination Agreement with NorthStar Earth and Space Inc.; implied company valuation of $300M.
- Consideration: ~30M New Viking common shares to NorthStar equityholders at closing; up to 10M additional earnout shares tied to 2027-2028 revenue targets.
- Concurrent $30M PIPE financing from institutional investors, including warrants for 3M New Viking shares; Sponsor transfers 3M Founder Shares to PIPE investors.
- Closing conditions include shareholder approvals, regulatory OKs, and SEC registration; outside date January 31, 2027.
- Lock-up agreements: 180 days for certain NorthStar securityholders; six-month lock-up for Sponsor and other IPO parties.

## SEC filing metadata
- accession: 0001213900-26-044909
- form_type: 8-K
- ticker: VACI
- cik: 0002080023
- company_name: Viking Acquisition Corp I
- filed_at: 2026-04-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2080023/000121390026044909/0001213900-26-044909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2080023/000121390026044909/ea0286751-8k425_viking1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-044909
- JSON: https://secwatch.observer/filing/0001213900-26-044909.json
- Plain text: https://secwatch.observer/filing/0001213900-26-044909.txt

## Source-grounded claims
- claim_id: 8f46852127e56eb8ffdf8f9a541f8edce62d2f0e
  claim: Viking Acquisition Corp I entered into Business Combination Agreement with NorthStar Earth and Space Inc. and Viking NS Amalgamation Corp. valued at $300 million (effective 2026-04-16).
  evidence_excerpt: On April 16, 2026, Viking Acquisition Corp. I, an exempted company limited by shares incorporated under the Laws of the Cayman Islands (“ Viking ”), entered into a Business Combination Agreement (the “ Business Combination Agreement ”) with NorthStar Earth and Space Inc., a corporation existing under the Canadian Corporate Statute (the “ Company ” or “ NorthStar ”), and Viking NS Amalgamation Corp., a corporation existing under the Canadian Corporate Statute (“ NewCo ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2080023/000121390026044909/0001213900-26-044909-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.