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

Issuer:     Shreya Acquisition Group (SAGU)
CIK:        0002083452
Form:       8-K
Filed at:   2026-05-11T23:59:59+00:00
Accession:  0001829126-26-004879
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shreya Acquisition Group closes $110M IPO, 11M units at $10 each on NYSE
------------------------------------------------------------------------

- Gross proceeds $110M from 11M units sold at $10/unit (incl. 1M over-allotment); $110M placed in trust.
- Each unit: 1 Class A share, 1 warrant (exercise $11.50/share), 1 right (1/4 share upon business combination).
- Sponsor Thews (Mauritius) Ltd purchased 191,750 Private Units at $10 each for $1.9M; no additional units from over-allotment.
- Board expanded with three independent directors: Sanjeev Sharma, Sagar Ravi Bhavsar, Andre Chung Shui.
- Target sectors: health & wellness, hospitality, media & entertainment, shipping infrastructure, waterways tourism.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2083452/000182912626004879/0001829126-26-004879-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2083452/000182912626004879/shreyaacq_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-004879

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