secwatch.observer — SEC 8-K summary
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Issuer:     NorthStrive Acquisition Corp I. (NSAI)
CIK:        0002133719
Form:       8-K
Filed at:   2026-08-28T01:54:47+00:00
Accession:  0001213900-26-094593
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2133719/000121390026094593/0001213900-26-094593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2133719/000121390026094593/ea0303366-8k_northstrive1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-094593

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