Xsolla SPAC 1 Announces Closing of $200,000,000 Initial Public Offering

Core Viewpoint - Xsolla SPAC 1 has successfully closed its initial public offering (IPO) of 20,000,000 units at a price of $10.00 per unit, with each unit comprising one Class A ordinary share and one-half of a redeemable warrant [1]. Group 1: IPO Details - The IPO raised gross proceeds of $200 million, with each whole warrant allowing the holder to purchase one Class A ordinary share at $11.50 per share [1]. - The underwriter has the option to purchase an additional 3,000,000 units within 45 days of the closing [1]. Group 2: Company Structure and Management - Xsolla SPAC 1 is a blank check company incorporated in the Cayman Islands, aimed at executing a business combination with one or more businesses [5]. - The management team includes Chairman Aleksandr Agapitov, CEO Dmitry Burkovskiy, CFO Rytis Joseph Jan, and Chief Legal Officer Carla Bedrosian, along with other board members [5]. Group 3: Regulatory Information - The registration statement for the IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on January 28, 2026 [3]. - The offering is conducted solely through a prospectus, which can be accessed via the SEC's website or directly from the underwriter [3].