---
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"
generated_at: "2026-05-11T21:47:33.513734+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vernal Capital Acquisition Corp. closes $100M SPAC IPO; $100.5M placed in trust

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01, 3.02, 5.02, 5.03, 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-054503
- JSON: https://secwatch.observer/filing/0001213900-26-054503.json
- Plain text: https://secwatch.observer/filing/0001213900-26-054503.txt

## Key facts
- Governance Changes
  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).
  - Change: charter amendment
  - Effective: 2026-05-05
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2081690/000121390026054503/0001213900-26-054503-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: D. Boral Capital LLC
  - Value: Underwriting agreement for IPO of 10,000,000 units at $10.00 per unit, total gross proceeds $100,000
  - Effective: 2026-05-05
  source text: ● An Underwriting Agreement, dated May 5, 2026, by and between the Company and D. Boral Capital LLC, as representative of the underwriters
  evidence_url: https://www.sec.gov/Archives/edgar/data/2081690/000121390026054503/0001213900-26-054503-index.htm

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