Every material Form 8-K Patriot Acquisition Corp./CI has filed with the SEC since May 22, 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.
Patriot Acquisition Corp., a blank check company, said holders of its units may separately trade the Class A ordinary shares and warrants starting July 6, 2026. The change is administrative and does not alter the terms of the shares or warrants, which each whole warrant exercisable at $11.50 per share.
Separation of units into Class A ordinary shares and warrants is effective July 6, 2026
Separated shares and warrants trade on Nasdaq as PTAC and PTACW; unseparated units continue as PTACU
Each unit includes one Class A ordinary share and one-half of one redeemable warrant; each whole warrant is exercisable for $11.50 per share
Registration statement relating to the securities was declared effective May 13, 2026
On May 21, 2026, underwriter Keefe, Bruyette and Woods partially exercised its over-allotment option for 1,500,000 units, generating $15,000,000 in gross proceeds. The sale of 75,000 additional private placement warrants added $75,000, and the company reports a total of $175,875,000 held in its trust account. The filing is an update to the company's May 18, 2026 initial public offering and adds to the cash held in trust.
1,500,000 over-allotment units were sold on May 21, 2026, at $10.00 per unit, for $15,000,000 in gross proceeds.
75,000 additional private placement warrants were sold to KBW at $1.00 per warrant, for $75,000.
Total cash held in the trust account is $175,875,000; 900,000 units remain subject to the option, which runs 45 days from the IPO date.
Patriot Acquisition Corp., a blank check company, closed its initial public offering of 16,000,000 units on May 18, 2026. Underwriter KBW partially exercised its over-allotment option for 1,500,000 more units on May 21, 2026, and the total trust account balance reached $175,875,000. The company has not selected a business combination target, and it has 18 months from the IPO closing to complete one or return public shares.
16,000,000 units sold at $10.00 each on May 18, 2026, for gross proceeds of $160,000,000
1,500,000 over-allotment units sold May 21, 2026, for gross proceeds of $15,000,000
Private placement of 5,200,000 warrants at $1.00 each, plus 75,000 more warrants sold to KBW for $75,000 on May 21, 2026
Trust account total of $175,875,000; completion window of 18 months from the IPO closing
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 Patriot Acquisition Corp./CI filing is on SEC EDGAR ↗. 8-K briefs of other companies →