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AI brief of an SEC Form 8-K · Praetorian Acquisition Corp. (PTOR)

Praetorian Acquisition Corp. closes $33 million over-allotment; IPO totals $253 million

Neutral Impact 2 of 5 financing Written later

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.

Key points

  • 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

The filing

CompanyPraetorian Acquisition Corp. (PTOR)
Form8-K, current report
Filed with the SECMar 19, 2026, 4:30 PM ET
Accession number0001213900-26-031877

Items reported: 3.02 Unregistered Equity Sale8.01 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 March 19, 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.