secwatch.observer — SEC 8-K summary
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Issuer:     Karman Line Acquisition Corp. (XTER)
CIK:        0002134856
Form:       8-K
Filed at:   2026-08-19T20:11:04+00:00
Accession:  0001829126-26-009070
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPAC Karman Line closes $200M IPO; units trade on Nasdaq under XTERU
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- IPO of 20,000,000 units at $10.00/unit closed Aug 19, 2026; gross proceeds $200,000,000 before expenses.
- Each unit = one Class A ordinary share + one-half warrant (exercise $11.50); expected to trade as XTER/XTERW.
- Underwriters granted 45-day option to purchase up to 3,000,000 additional units for over-allotments.
- Private placement: 650,000 units at $10.00 each to Sponsor Samara Acquisition Sponsor VI Ltd., raising $6.5M.
- New directors appointed Aug 17: Leitner, Masback, Michelson; company to target space/aerospace/defense acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2134856/000182912626009070/0001829126-26-009070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2134856/000182912626009070/karmanlineacq_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-009070

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