{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-054503","form_type":"8-K","ticker":"VECA","cik":"0002081690","company_name":"Vernal Capital Acquisition Corp.","filed_at":"2026-05-11T20:31:03+00:00","discovered_at":"2026-05-11T20:33:00.321278+00:00","generated_at":"2026-05-11T21:47:33.513734+00:00","sec_items":["1.01","9.01","3.02","5.02","5.03","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Vernal Capital Acquisition Corp. closes $100M SPAC IPO; $100.5M placed in trust","bullets":["IPO of 10M units at $10.00/unit, gross proceeds $100M; units trade on NYSE as VECAU.","Concurrent private placement of 251,250 units to sponsors raises $2.5125M.","$100.5M from IPO and private placement deposited into trust account.","Underwriters granted 45-day option to purchase up to 1.5M additional units for over-allotments.","Indemnity agreements entered with CEO Jun Du, CFO Binghan Yi, and directors Pei Wang, Saloon Tham, Qiang Fu."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054503","json":"https://secwatch.observer/filing/0001213900-26-054503.json","markdown":"https://secwatch.observer/filing/0001213900-26-054503.md","text":"https://secwatch.observer/filing/0001213900-26-054503.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2081690/000121390026054503/0001213900-26-054503-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2081690/000121390026054503/ea0289809-8k_vernal.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T21:47:33.513734+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c086a87693d2e432c250a8b8bdf36764252cfd7b","claim":"Vernal Capital Acquisition Corp.: On May 5, 2026, the Company's Amended and Restated Memorandum and Articles of Association became effective in connection with the IPO (effective 2026-05-05).","evidence_excerpt":"Item 5.03. Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal Year. On May 5, 2026, in connection with the IPO, the Company’s Amended and Restated Memorandum and Articles of Association became effective (the “ Amended Charter ”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/2081690/000121390026054503/0001213900-26-054503-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-05-05"}],"fact_type":"governance_change"},{"claim_id":"bb59dfd4c6c860b4c6c30386cf431c18f8257721","claim":"Vernal Capital Acquisition Corp. entered into Underwriting Agreement with D. Boral Capital LLC valued at Underwriting agreement for IPO of 10,000,000 units at $10.00 per unit, total gross proceeds $100,000 (effective 2026-05-05).","evidence_excerpt":"● An Underwriting Agreement, dated May 5, 2026, by and between the Company and D. Boral Capital LLC, as representative of the underwriters","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2081690/000121390026054503/0001213900-26-054503-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"D. Boral Capital LLC"},{"label":"Value","value":"Underwriting agreement for IPO of 10,000,000 units at $10.00 per unit, total gross proceeds $100,000"},{"label":"Effective","value":"2026-05-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}