secwatch.observer — SEC 8-K summary
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Issuer:     Patriot Acquisition Corp./CI (PTAC)
CIK:        0002099095
Form:       8-K
Filed at:   2026-05-22T20:24:26+00:00
Accession:  0001213900-26-060594
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patriot Acquisition Corp. completes $175.9M IPO and trust account funding
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- IPO of 16M units at $10/unit grossed $160M; over-allotment of 1.5M units added $15M.
- Private placement of 5.2M warrants at $1 each to sponsor and KBW; additional 75K warrants sold.
- Trust account holds $175.875M; public shares redeemable at $10.05 per share.
- Company has 18 months to complete an initial business combination; no target selected yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2099095/000121390026060594/0001213900-26-060594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2099095/000121390026060594/ea0292024-8k_patriot.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-060594

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