NorthStrive Acquisition Corp I raises $102.3M in IPO and private placement

NorthStrive Acquisition Corp I.

Consumated IPO of 10,000,000 units at $10.00/unit on Aug 19, 2026; gross proceeds $100,000,000.
Private placement of 231,750 units to sponsor for $2,317,500; total proceeds $102,317,500.
$100,000,000 placed in trust account; working capital of $591,729 after $1.66M expenses.
Auditors raise substantial doubt about going concern; SPAC has 12 months to complete business combination.
Underwriters have 45-day option to purchase up to 1.5M additional units to cover over-allotments.

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