NorthStrive Acquisition Corp I closes $100M IPO; 10M units at $10, trades on Nasdaq

NorthStrive Acquisition Corp I.

IPO of 10,000,000 units at $10.00 each closed Aug 19, 2026; gross proceeds $100,000,000.
Each unit: one Class A share, one warrant (exercise $11.50), and one right to 1/4 share.
Underwriters hold 45-day option for 1,500,000 additional units; D. Boral Capital sole book-runner.
Sponsor private placement: 231,750 units at $10.00, gross $2,317,500; trust holds $100M.
SPAC targets manufacturing sectors: aerospace/defense, industrial tech, critical supply chains.

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