other material
confidence high
sentiment neutral
materiality 0.50
United Acquisition Corp. I exercises over-allotment option; trust now $101.8M; separate trading starts Feb 18
United Acquisition Corp. I
- Underwriters partially exercised over-allotment option, purchasing an additional 182,300 Units at $10 each, for gross proceeds of $1,823,000.
- Total Units issued in offering: 10,182,300; net proceeds of $100,295,655 placed in trust.
- Additional private placement of 2,280 Private Placement Units at $10/unit and 6,060 Private Placement Warrants at $0.75/warrant, raising $27,345.
- Total trust account balance: $101,823,000 from offering and private placement proceeds.
- Separate trading of Class A shares (UAC) and warrants (UACW) commences February 18, 2026.