--- schema_version: "secwatch.filing_event.v1" accession: "0001929980-23-000093" form_type: "8-K" ticker: null cik: "0001956055" company_name: "Bukit Jalil Global Acquisition 1 Ltd." filed_at: "2023-06-30T23:59:59+00:00" generated_at: "2026-06-13T14:24:57.967507+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.55 calibrated_materiality_score: 0.55 confidence: "high" source: SEC EDGAR --- # Bukit Jalil Global Acquisition 1 closes IPO of 5.75M units at $10, raising $57.5M ## Summary - 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. ## SEC filing metadata - accession: 0001929980-23-000093 - form_type: 8-K - cik: 0001956055 - company_name: Bukit Jalil Global Acquisition 1 Ltd. - filed_at: 2023-06-30T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.55 - calibrated_materiality_score: 0.55 - confidence: high - sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/bukit_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001929980-23-000093 - JSON: https://secwatch.observer/filing/0001929980-23-000093.json - Plain text: https://secwatch.observer/filing/0001929980-23-000093.txt ## Key facts - Executive change Bee Lian Ooi was appointed as Director at Bukit Jalil Global Acquisition 1 Ltd.. - Action: appointed - Role: Director source text: Ms. Bee Lian Ooi and Messrs. Phui Lam Lee and Suwardi Bin Hamzah Syakir became directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Executive change Suwardi Bin Hamzah Syakir was appointed as Director at Bukit Jalil Global Acquisition 1 Ltd.. - Action: appointed - Role: Director source text: Ms. Bee Lian Ooi and Messrs. Phui Lam Lee and Suwardi Bin Hamzah Syakir became directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Executive change Phui Lam Lee was appointed as Director at Bukit Jalil Global Acquisition 1 Ltd.. - Action: appointed - Role: Director source text: Ms. Bee Lian Ooi and Messrs. Phui Lam Lee and Suwardi Bin Hamzah Syakir became directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Governance Changes 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 source text: On June 26, 2023, the Company adopted and filed its Amended and Restated Memorandum and Articles of Association. evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: a Securities Transfer Agreement, dated April 12, 2023·, among the Company, the Sponsor and certain directors of the Company; evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: 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”). evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: 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"); evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: a Registration Rights Agreement, dated June 27, 2023, between the Company, the Sponsor and certain other security holders of the Company; evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: a Warrant Agreement, dated June 27, 2023, between the Company and Continental Stock Transfer & Trust Company ("CST"), as warrant agent; evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: ● 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: ● 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: 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”). evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm - Material Agreements 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 source text: ● 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.