secwatch.observer — SEC 8-K summary
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Issuer:     Patriot Acquisition Corp./CI (PTAC)
CIK:        0002099095
Form:       8-K
Filed at:   2026-05-18T20:49:17+00:00
Accession:  0001213900-26-058517
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patriot Acquisition Corp. prices $160M IPO of 16M units at $10/unit
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- Gross proceeds $160M from 16M units at $10 each; each unit = 1 Class A share + 1/2 warrant.
- $160.8M (incl. $6.4M deferred underwriting discount) deposited in trust account.
- Private placement of 5.2M warrants at $1 each to sponsor and KBW (underwriter).
- Management focuses on financial industry (fintech, specialty finance, digital banking).
- Expected to list on Nasdaq under PTACU (units), PTAC (shares), PTACW (warrants); close May 18, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2099095/000121390026058517/0001213900-26-058517-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2099095/000121390026058517/ea0291228-8k_patriot.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-058517

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