OTG Acquisition Corp. I completes $230M IPO and trust funding of $231.15M

OTG Acquisition Corp. I

IPO of 23,000,000 units at $10/unit, including full over-allotment, generating $230M gross proceeds.
Private placement of 775,000 units at $10/unit to sponsor and underwriters raising $7.75M ($2M receivable).
Total $231.15M placed in trust account at $10.05 per unit; each unit has one share and half a warrant.
IPO and private placement proceeds held in trust; company has working capital deficit of $840,974.
Audited balance sheet as of Sept 15, 2025 filed as Exhibit 99.1.

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