AI brief of an SEC Form 8-K · Clearthink 1 Acquisition Corp. (CTAA)

ClearThink 1 Acquisition Corp. closes $125 million IPO of 12.5 million units

Neutral Impact 3 of 5 financing Written later

ClearThink 1 Acquisition Corp., a blank check company, closed its initial public offering of 12,500,000 units at $10.00 per unit on February 25, 2026, generating gross proceeds of $125 million. The proceeds, plus a private sale of units to the sponsor, were placed in a trust account, and the funds stay there until a business combination is completed or the company redeems public shares within 21 months of the offering closing.

Key points

  • February 25, 2026: IPO of 12,500,000 units closed at $10.00 per unit, for gross proceeds of $125,000,000; D. Boral Capital LLC was sole book-running manager
  • February 25, 2026: private sale of 315,000 units to ClearThink 1 Sponsor LLC at $10.00 per unit, for gross proceeds of $3,150,000
  • February 26, 2026: underwriters partially exercised the over-allotment option for 15,000 units, for gross proceeds of $150,000, deposited in the trust account
  • Trust funds are released only on completion of a business combination, a shareholder-approved redemption, or redemption of public shares within 21 months of closing

The filing

CompanyClearthink 1 Acquisition Corp. (CTAA)
Form8-K, current report
Filed with the SECFeb 27, 2026, 4:15 PM ET
Accession number0001493152-26-008334

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale3.03 Change to Shareholder Rights5.02 Director / Officer Change5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2026.

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.