other
confidence high
sentiment neutral
materiality 0.35
ClearThink 1 Acquisition Corp. corrects IPO balance sheet disclosures on offering costs and fair value
Clearthink 1 Acquisition Corp.
- IPO of 12.5M units at $10.00 each, gross proceeds $125M; private placement $3.15M.
- Cash held in trust account $125M; total assets $126.93M; shareholders' equity $1.73M.
- Over-allotment partially exercised on Feb 26, 2026 for additional 15,000 units.
- Transaction costs total $1,197,592; company has no operating revenue.
- Correction relates to note disclosures on offering costs and fair value measurements.