secwatch.observer — SEC 8-K summary
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Issuer:     Bitcoin Infrastructure Acquisition Corp Ltd (BIXI)
CIK:        0002082542
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0001829126-25-009839
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BIXI closes IPO: 22M units sold at $10, $220M in trust, $7.7M private placement
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- Gross proceeds from unit offering $220M and private placement $7.7M (770K units at $10 each).
- $220M in trust for public shareholders; redemption rights at $10 per share.
- Balance sheet as of Dec 3, 2025 shows $222.9M total assets, $9.05M liabilities, $(6.07)M shareholders' deficit.
- 22M public shares classified as temporary equity at redemption value; 7.67M Class B founder shares subject to forfeiture.
- Transaction costs $13.7M; deferred underwriting commissions $8.8M; company has $1.79M cash for working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2082542/000182912625009839/0001829126-25-009839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2082542/000182912625009839/bitcoininfra_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-009839

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