Every material Form 8-K Praetorian Acquisition Corp. has filed with the SEC since March 13, 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.
Praetorian Acquisition Corp. announced a leadership transition effective October 20, 2026. Peter Ondishin resigned as Chief Financial Officer and director, and Joseph Tonnos was appointed CFO, while three directors resigned and three new independent directors were appointed. Justin Di Rezze, M.D. continues as Chief Executive Officer, and the compensation arrangements for the new directors and CFO have not been determined.
Nicole Seligman, Erica Dorfman and Alex Elias resigned as directors effective October 20, 2026; they also served on the Audit and Compensation Committees.
Peter Ondishin resigned as Chief Financial Officer and director effective October 20, 2026.
Joseph Tonnos was appointed Chief Financial Officer and a Class II director; Roger L. Cloutier Jr., Jimmy Vaiopoulos and Charles P. Garcia were appointed as directors.
Compensation for the new directors and CFO has not been determined; they will enter the Company's standard director indemnity agreement.
On March 16, 2026, underwriters closed their full exercise of the over-allotment option, buying 3,300,000 additional units at $10.00 each for $33 million. The SPAC has now sold 25,300,000 units for $253 million in gross proceeds, and the filing says that full amount was deposited in the trust account for public stockholders.
Underwriters exercised the over-allotment option in full on March 12, 2026; closing occurred March 16, 2026
3,300,000 additional units sold at $10.00 per unit, for $33,000,000 in gross proceeds
Total of 25,300,000 units sold for $253,000,000 gross; $253,000,000 deposited in the trust account
Sponsor Praetorian Sponsor LLC bought 330,000 additional private warrants for $330,000; 24,750 representative shares issued to underwriters
Praetorian Acquisition Corp. said that starting March 16, 2026, holders of its units may separately trade the Class A ordinary shares and the warrants. The shares will trade as PTOR and the warrants as PTORW on the Nasdaq Global Market, while units not separated will continue to trade as PTORU. Each whole warrant entitles the holder to buy one Class A ordinary share for $11.50.
Separate trading of Class A ordinary shares and warrants begins March 16, 2026
Shares trade as PTOR and warrants as PTORW on the Nasdaq Global Market; units continue as PTORU
Each unit includes one Class A ordinary share and one-third of one warrant; only whole warrants trade
Unit holders must have their brokers contact Odyssey Transfer and Trust Company to separate units
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 Praetorian Acquisition Corp. filing is on SEC EDGAR ↗. 8-K briefs of other companies →