Clearthink 1 Acquisition raised $125,150,000 from its IPO and over-allotment; $125,000,000 is held in a trust account for shareholders.
Key Highlights:
- Completed IPO of 12,500,000 units at $10.00 each, generating $125,000,000 gross proceeds.
- Simultaneous private placement sold 315,000 units to sponsor for $3,150,000.
- Underwriters partially exercised over-allotment for 15,000 units, adding $150,000 gross proceeds.
- $125,000,000 of IPO and private placement proceeds deposited in Trust Account to back public shares.
- Audited balance sheet dated Feb 25, 2026 shows total assets of $126,930,916 and cash in trust of $125,000,000.
Original SEC Filing:
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