XFLH Capital closes $100 million IPO and places proceeds in trust account
XFLH Capital Corporation, a blank check company, completed its initial public offering of 10,000,000 units at $10.00 per unit on February 13, 2026, raising $100,000,000 in gross proceeds. The $100,000,000 from the offering and a related private placement was deposited in a U.S. trust account for public shareholders, and the company has 15 months from the closing to complete a business combination.
Key points
- 10,000,000 units sold at $10.00 each, generating $100,000,000 in gross proceeds on February 13, 2026
- Private placement with sponsor XFLH Holdings Limited of 154,970 units, generating $1,549,700
- $100,000,000 placed in trust account with Continental Stock Transfer & Trust Company as trustee
- Company has 15 months from February 13, 2026 to complete an initial business combination; the 45-day over-allotment option covers up to 1,500,000 additional units
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 20, 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.