United Acquisition Corp. I closes $100 million IPO and places proceeds in trust account
United Acquisition Corp. I, a Cayman Islands blank check company, completed its initial public offering of 10,000,000 units at $10.00 per unit on January 30, 2026, generating $100 million in gross proceeds. The full $100 million was placed in a trust account, and the company has 24 months to complete a business combination or return the trust funds to public shareholders.
Key points
- 10,000,000 units sold at $10.00 each, generating $100,000,000 in gross proceeds on January 30, 2026
- $100,000,000 placed in trust account with Continental Stock Transfer & Trust Company as trustee
- Concurrent private placement generated $4,500,000 in gross proceeds, including 2,333,333 private placement warrants sold to the sponsor at $0.75 each
- Company had $2,468,650 in cash as of January 30, 2026 and has 24 months from the IPO closing to complete a business combination
The filing
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 05, 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.