Every material Form 8-K Siddhi Acquisition Corp (Cayman Islands) has filed with the SEC since April 03, 2025, 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.
Blank check company Siddhi Acquisition Corp said holders of its units may elect from June 4, 2025 to separately trade the Class A ordinary shares and rights that make up each unit. Units not separated will keep trading as SDHIU, while the shares and rights will trade as SDHI and SDHIR on Nasdaq. This is a routine administrative step and the filing reports no financial results or transaction terms.
Separate trading of ordinary shares and rights begins on or about June 4, 2025.
Separated shares and rights will trade on Nasdaq as SDHI and SDHIR; unseparated units continue as SDHIU.
Holders must have their brokers contact Continental Stock Transfer & Trust Company to separate units.
Registration statement on Form S-1 was declared effective on March 31, 2025.
Siddhi Acquisition Corp, a blank check company, closed its initial public offering of 27.6 million units at $10.00 each, including the full exercise of the underwriters' over-allotment option, for $276 million in gross proceeds. The filing says $277.38 million, or $10.05 per unit, was deposited in a trust account for public shareholders, and the company has not yet selected a business combination target.
27,600,000 units sold at $10.00 per unit, including 3,600,000 units from the full over-allotment exercise, for $276,000,000 in gross proceeds; closed April 2, 2025
Sponsor Siddhi Sponsor LLC bought 338,000 private placement units at $10.00 each, for $3,380,000 in gross proceeds
$277,380,000 ($10.05 per unit) was deposited in the trust account as of April 2, 2025
The company has not selected a target and has 21 months from the IPO closing to complete a business combination, or 24 months if a definitive agreement is signed within 21 months
Siddhi Acquisition Corp, a Cayman Islands blank check company, completed its initial public offering on April 2, 2025, selling 27,600,000 units at $10.00 each, including the over-allotment exercised in full. The filing states that $277,380,000 from the IPO and a private placement of units to the sponsor was placed in a U.S.-based trust account, with funds generally not released until a business combination is completed or public shares are redeemed.
IPO closed April 2, 2025: 27,600,000 units at $10.00 per unit, gross proceeds of $276,000,000
Each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share
Private placement of 338,000 units sold to the sponsor at $10.00 per unit, closed alongside the IPO
$277,380,000 placed in trust account maintained by Continental Stock Transfer & Trust Company
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 Siddhi Acquisition Corp (Cayman Islands) filing is on SEC EDGAR ↗. 8-K briefs of other companies →