Every material Form 8-K ACP Holdings Acquisition Corp. has filed with the SEC since April 14, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
ACP Holdings Acquisition Corp., a Cayman Islands special purpose acquisition company, signed a business combination agreement on September 15, 2026, under which May Mobility, Inc. would merge into a subsidiary of ACP and become a publicly listed company named May Mobility, Inc. on Nasdaq under the ticker MAY. ACP shareholders must approve the deal, and the 8-K sets an outside closing date of May 26, 2027, while the press release says closing is expected by year-end; the amount of gross proceeds depends on how many public shareholders redeem their shares.
Aggregate consideration to May Mobility holders is based on a $1.35 billion purchase price at $10.00 per share, with a pro forma enterprise value of approximately $1.4 billion.
Gross proceeds of up to $337 million, including up to $217 million from the ACP trust account (subject to redemptions) and a fully committed $120 million PIPE.
Closing is expected on or before May 26, 2027, subject to ACP and May Mobility shareholder approvals and other customary conditions.
May Mobility generated approximately $10 million in revenue and burned approximately $93 million in cash in 2025, according to the press release.
ACP Holdings Acquisition Corp., a blank check company, said holders of its units may separately trade the Class A ordinary shares and warrants starting on or about May 28, 2026. The company also said its sponsor forfeited 512,800 Class B ordinary shares on May 22, 2026, after the remaining over-allotment option expired. The filing is administrative and describes changes to how existing securities trade and to founder share holdings.
Units may be separated starting on or about May 28, 2026; shares will trade as ACGC and warrants as ACGCW, while unseparated units continue as ACGCU on Nasdaq.
Each unit holds one Class A ordinary share and one-half warrant, with each whole warrant exercisable for one Class A share at $11.50.
On May 22, 2026, Union Street Sponsor, LLC forfeited 512,800 Class B ordinary shares after the over-allotment option expired.
ACP Holdings Acquisition Corp., a blank check company with no business combination target, completed its initial public offering of 20,000,000 units at $10.00 per unit on April 8, 2026, generating gross proceeds of $200 million. The filing reports an over-allotment closing on April 10, 2026 and an audited opening balance sheet, and states that $201 million ($10.05 per unit) was placed in a trust account to be used for a future business combination, with public shareholders able to redeem their shares.
IPO of 20,000,000 units at $10.00 per unit closed April 8, 2026, for gross proceeds of $200,000,000
Over-allotment: 1,461,600 additional units sold April 10, 2026, for $14,616,000 in gross proceeds
Private placement of 485,000 units to the sponsor and Roth Capital Partners generated $4,850,000
$201,000,000 ($10.05 per unit) placed in trust with Odyssey Transfer and Trust Company; 18-month completion window
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every ACP Holdings Acquisition Corp. filing is on SEC EDGAR ↗. 8-K briefs of other companies →