secwatch.observer — SEC 8-K summary
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Issuer:     Bukit Jalil Global Acquisition 1 Ltd. (—)
CIK:        0001956055
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001929980-23-000093
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bukit Jalil Global Acquisition 1 closes IPO of 5.75M units at $10, raising $57.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/0001929980-23-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1956055/000192998023000093/bukit_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-23-000093

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