secwatch.observer — SEC 8-K summary
======================================

Issuer:     Peace Acquisition Corp. (PECE)
CIK:        0002088626
Form:       8-K
Filed at:   2026-06-01T21:16:08+00:00
Accession:  0001493152-26-026668
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peace Acquisition Corp closes IPO of 6M units at $10.00/unit, raising $60M
--------------------------------------------------------------------------

- Sold 6,000,000 units at $10.00 each for gross proceeds of $60,000,000.
- Simultaneous private placement of 262,500 units to sponsor and underwriter for $2,625,000.
- Auditor expresses substantial doubt about going concern due to no revenue and dependence on future business combination.
- Cash held in trust of $60,300,000; working capital of $521,765 as of May 26, 2026.
- Units consist of one ordinary share, one right (1/5 share upon business combination), and one warrant ($11.50 exercise).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2088626/000149315226026668/0001493152-26-026668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2088626/000149315226026668/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-026668

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer