other material
confidence high
sentiment neutral
materiality 0.60
Karman Line Acquisition Corp. completes $200M IPO; $200M deposited in trust at $10/unit
Karman Line Acquisition Corp.
- IPO of 20,000,000 units at $10.00 per unit closed Aug 19, 2026, raising $200,000,000 gross.
- Private placement of 650,000 units at $10.00 to sponsor Samara Acquisition Sponsor VI Ltd and underwriter CCM raised $6,500,000.
- Balance sheet as of Aug 19, 2026 shows $200M in trust, $2.49M cash, $202.49M total assets.
- Company has 21 months from IPO close to complete initial business combination or redeem public shares at trust value.
- Over-allotment forfeited; 1,000,000 Class B shares cancelled, leaving 6,666,667 Class B shares outstanding.