8-K
filed June 30, 2023, 7:59 PM ET
CIK 0001956055
other material
confidence high
sentiment neutral
materiality 0.55
Bukit Jalil Global Acquisition 1 closes IPO of 5.75M units at $10, raising $57.5M
Bukit Jalil Global Acquisition 1 Ltd.
- Gross proceeds of $57.5M from 5,750,000 units (including full exercise of 750k over-allotment); each unit = 1 ordinary share + 1/2 warrant + 1 right.
- Concurrent private placement of 424,307 units to sponsor at $10/unit for $4.24M; Private Units identical to public Units with limited exceptions.
- Trust account funded with $58.36M from IPO and private placement proceeds; must complete business combination by June 30, 2024 (extendable to Dec 30, 2024).
- Units trade on Nasdaq as BUJAU; underlying securities listed as BUJA (shares), BUJAW (warrants), BUJAR (rights).
- New independent directors appointed: Bee Lian Ooi, Phui Lam Lee, Suwardi Bin Hamzah Syakir; board classified into three classes.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Bee Lian Ooi was appointed as Director at Bukit Jalil Global Acquisition 1 Ltd..
- Action
- appointed
- Role
- Director
Exact text from the filing
Ms. Bee Lian Ooi and Messrs. Phui Lam Lee and Suwardi Bin Hamzah Syakir became directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Suwardi Bin Hamzah Syakir was appointed as Director at Bukit Jalil Global Acquisition 1 Ltd..
- Action
- appointed
- Role
- Director
Exact text from the filing
Ms. Bee Lian Ooi and Messrs. Phui Lam Lee and Suwardi Bin Hamzah Syakir became directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Phui Lam Lee was appointed as Director at Bukit Jalil Global Acquisition 1 Ltd..
- Action
- appointed
- Role
- Director
Exact text from the filing
Ms. Bee Lian Ooi and Messrs. Phui Lam Lee and Suwardi Bin Hamzah Syakir became directors of the Company.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Bukit Jalil Global Acquisition 1 Ltd.: Company adopted and filed Amended and Restated Memorandum and Articles of Association (effective 2023-06-26).
- Change
- charter amendment
- Effective
- 2023-06-26
Exact text from the filing
On June 26, 2023, the Company adopted and filed its Amended and Restated Memorandum and Articles of Association.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Securities Transfer Agreement with Bukit Jalil Global Investment Ltd. valued at Securities transfer among Company, Sponsor and directors (effective 2023-04-12).
- Action
- entry
- Counterparty
- Bukit Jalil Global Investment Ltd.
- Value
- Securities transfer among Company, Sponsor and directors
- Effective
- 2023-04-12
Exact text from the filing
a Securities Transfer Agreement, dated April 12, 2023·, among the Company, the Sponsor and certain directors of the Company;
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Letter Agreement with Bukit Jalil Global Investment Ltd. valued at Letter agreement with Sponsor and security holders (effective 2023-06-27).
- Action
- entry
- Counterparty
- Bukit Jalil Global Investment Ltd.
- Value
- Letter agreement with Sponsor and security holders
- Effective
- 2023-06-27
Exact text from the filing
Substantially concurrently with the closing of the IPO, the Company completed the private sale of 424,307 units (the “Private Units”) to the Company’s sponsor, Bukit Jalil Global Investment Ltd. (the “Sponsor”). Each Private Unit consists of one Ordinary Share, one-half of one warrant (the “Private Warrants”), and one right (the “Private Rights”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Underwriting Agreement with A.G.P. / Alliance Global Partners valued at Gross proceeds of $57,500,000 from IPO of 5,750,000 Units (effective 2023-06-27).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- A.G.P. / Alliance Global Partners
- Value
- Gross proceeds of $57,500,000 from IPO of 5,750,000 Units
- Effective
- 2023-06-27
Exact text from the filing
an Underwriting Agreement, dated June 27, 2023, between the Company and A.G.P. / Alliance Global Partners, the representative of the underwriters of the IPO (the "Representative");
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Registration Rights Agreement with Bukit Jalil Global Investment Ltd. valued at Registration rights agreement (effective 2023-06-27).
- Action
- entry
- Counterparty
- Bukit Jalil Global Investment Ltd.
- Value
- Registration rights agreement
- Effective
- 2023-06-27
Exact text from the filing
a Registration Rights Agreement, dated June 27, 2023, between the Company, the Sponsor and certain other security holders of the Company;
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Warrant Agreement with Continental Stock Transfer & Trust Company valued at Warrant agreement for Warrants included in Units (effective 2023-06-27).
- Action
- entry
- Counterparty
- Continental Stock Transfer & Trust Company
- Value
- Warrant agreement for Warrants included in Units
- Effective
- 2023-06-27
Exact text from the filing
a Warrant Agreement, dated June 27, 2023, between the Company and Continental Stock Transfer & Trust Company ("CST"), as warrant agent;
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Escrow Agreement with Continental Stock Transfer & Trust Company valued at Escrow agreement with certain shareholders (effective 2023-06-27).
- Action
- entry
- Counterparty
- Continental Stock Transfer & Trust Company
- Value
- Escrow agreement with certain shareholders
- Effective
- 2023-06-27
Exact text from the filing
● a Warrant Agreement, dated June 27, 2023, between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent; ● a Rights Agreement, dated June 27, 2023, between the Company and CST, as rights agent; ● a Private Units Purchase Agreement, dated June 27, 2023, between the Company and the Sponsor; ● a Securities Transfer Agreement, dated April 12, 2023·, among the Company, the Sponsor and certain directors of the Company; ● an Investment Management Trust Agreement, dated June 27, 2023, between the Company and CST, as trustee; 2 ● an Escrow Agreement, dated June 27, 2023, among the Company, CST, and certain shareholders named therein; ● a Registration Rights Agreement, dated June 27, 2023, between the Company, the Sponsor and certain other security holders of the Company; ● a Letter Agreement, dated June 27, 2023, between the Company, the Sponsor and certain securi
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company valued at Trust agreement for IPO proceeds (effective 2023-06-27).
- Action
- entry
- Counterparty
- Continental Stock Transfer & Trust Company
- Value
- Trust agreement for IPO proceeds
- Effective
- 2023-06-27
Exact text from the filing
● a Warrant Agreement, dated June 27, 2023, between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent; ● a Rights Agreement, dated June 27, 2023, between the Company and CST, as rights agent; ● a Private Units Purchase Agreement, dated June 27, 2023, between the Company and the Sponsor; ● a Securities Transfer Agreement, dated April 12, 2023·, among the Company, the Sponsor and certain directors of the Company; ● an Investment Management Trust Agreement, dated June 27, 2023, between the Company and CST, as trustee; 2 ● an Escrow Agreement, dated June 27, 2023, among the Company, CST, and certain shareholders named therein; ● a Registration Rights Agreement, dated June 27, 2023, between the Company, the Sponsor and certain other security holders of the Company; ● a Letter Agreement, dated June 27, 2023, between the Company, the Sponsor and certain securi
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Private Units Purchase Agreement with Bukit Jalil Global Investment Ltd. valued at Gross proceeds of $4,243,070 from sale of 424,307 Private Units (effective 2023-06-27).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Bukit Jalil Global Investment Ltd.
- Value
- Gross proceeds of $4,243,070 from sale of 424,307 Private Units
- Effective
- 2023-06-27
Exact text from the filing
Substantially concurrently with the closing of the IPO, the Company completed the private sale of 424,307 units (the “Private Units”) to the Company’s sponsor, Bukit Jalil Global Investment Ltd. (the “Sponsor”). Each Private Unit consists of one Ordinary Share, one-half of one warrant (the “Private Warrants”), and one right (the “Private Rights”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Bukit Jalil Global Acquisition 1 Ltd. entered into Rights Agreement with Continental Stock Transfer & Trust Company valued at Rights agreement for Rights included in Units (effective 2023-06-27).
- Action
- entry
- Counterparty
- Continental Stock Transfer & Trust Company
- Value
- Rights agreement for Rights included in Units
- Effective
- 2023-06-27
Exact text from the filing
● a Warrant Agreement, dated June 27, 2023, between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent; ● a Rights Agreement, dated June 27, 2023, between the Company and CST, as rights agent; ● a Private Units Purchase Agreement, dated June 27, 2023, between the Company and the Sponsor; ● a Securities Transfer Agreement, dated April 12, 2023·, among the Company, the Sponsor and certain directors of the Company; ● an Investment Management Trust Agreement, dated June 27, 2023, between the Company and CST, as trustee; 2 ● an Escrow Agreement, dated June 27, 2023, among the Company, CST, and certain shareholders named therein; ● a Registration Rights Agreement, dated June 27, 2023, between the Company, the Sponsor and certain other security holders of the Company; ● a Letter Agreement, dated June 27, 2023, between the Company, the Sponsor and certain securi
View on SEC.gov
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