Shreya Acquisition Group completes $110M IPO and $1.9M private placement

Shreya Acquisition Group

IPO of 11,000,000 units at $10.00 each generated gross proceeds of $110,000,000.
Simultaneous private placement of 191,750 units to sponsor raised $1,917,500.
Net proceeds of $110,000,000 deposited in trust account; total assets $110.8M.
Company has not yet commenced operations or identified a business combination target.
Working capital surplus of $797,965 as of May 8, 2026; $819,520 cash outside trust.

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