Company Overview - Xsolla SPAC 1 is a newly organized special purpose acquisition company incorporated as a Cayman Islands exempted company, aimed at effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [5] - The company has not yet selected a specific business combination target and has not engaged in substantive discussions with any potential targets [5] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant [1] - Each whole warrant will entitle the holder to purchase one Class A ordinary share at $11.50 per share, and the units are expected to trade on Nasdaq under the ticker symbol "XSLLU" starting January 29, 2026 [1] - The offering is expected to close on January 30, 2026, subject to customary closing conditions [1] Underwriting and Additional Options - D. Boral Capital LLC is acting as the sole book-running manager for the offering and has been granted a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments [2] Regulatory Information - A registration statement on Form S-1 relating to the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission on January 28, 2026 [3] - The offering is being made only by means of a prospectus, which will be available through the SEC's website or from D. Boral Capital LLC [3]
Xsolla SPAC 1 Announces Pricing of $200,000,000 Initial Public Offering
Globenewswire·2026-01-29 03:58