Investcorp AI SPAC changes control; Samara buys Sponsor's securities for $1, new officers and directors appointed

Investcorp AI Acquisition Corp.

Sponsor sells 4,528,124 Class A shares, 1 Class B share, and 11,261,250 private warrants to Samara Special Opportunities for $1.00 total.
Nikhil Kalghatgi and Dean Clinton resign as officers; Vikas Mittal named Principal Executive Officer, James DeAngelis Principal Financial Officer.
Board members Nikhil Kalghatgi, Rishi Kapoor, Dean Clinton resign; replaced by Vikas Mittal and James DeAngelis effective August 28, 2025.
Sponsor retains 1,940,625 Class A shares and 4,826,500 private warrants; these Retained Securities are not subject to forfeiture in future business combination.
SPAC has not completed a business combination and its securities trade on OTC Markets; name change to remove 'Investcorp' to be proposed at shareholder meeting within 60 days.

item 1.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.