other material
confidence high
sentiment neutral
materiality 0.25
GalaxyEdge closes full over-allotment option, increases trust to $115M
GalaxyEdge Acquisition Corp
- Over-allotment exercised for 1.5M units at $10/unit, gross proceeds $15M, closed March 12, 2026.
- Simultaneously sold 7,500 private placement units to sponsor Equinox Capital Solutions for $75,000.
- Total trust account now holds $115M ($10/unit) for initial business combination.
- Combined IPO and over-allotment total 11.5M units sold; per-unit structure unchanged.
- Pro forma balance sheet as of March 12, 2026 reflects all adjustments including trust interest.