Xsolla SPAC 1 Announces Closing of Partial Exercise of Over-Allotment

Core Viewpoint - Xsolla SPAC 1 has successfully completed a partial exercise of the underwriters' option in its initial public offering, raising an additional gross amount of approximately $4.2 million, bringing total gross proceeds to $204.19 million [1]. Group 1: Initial Public Offering Details - The underwriters exercised their option to purchase an additional 419,385 units at a price of $10.00 per unit [1]. - The total number of units sold in the public offering increased to 20,419,385 units [1]. - The offering is structured such that each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with whole warrants exercisable at $11.50 per share [2]. Group 2: Company Background - Xsolla SPAC 1 is a newly formed blank check company incorporated in the Cayman Islands, aimed at executing a business combination with one or more businesses [5]. - The management team includes Aleksandr Agapitov (Chairman), Dmitry Burkovskiy (CEO), Rytis Joseph Jan (CFO), and Carla Bedrosian (Chief Legal Officer), among others [5]. Group 3: Regulatory Information - A registration statement on Form S-1 was declared effective by the SEC on January 28, 2026, allowing the offering to proceed [3]. - The offering is being conducted solely through a prospectus, which can be accessed via the SEC's website or directly from D. Boral Capital LLC [3].