AI brief of an SEC Form 8-K · Xsolla SPAC 1 (XSLL)

Xsolla SPAC 1 closes over-allotment units; trust account reaches $204.2 million

Neutral Impact 2 of 5 financing Written later

Xsolla SPAC 1 said the underwriters' partial exercise of their over-allotment option closed on February 2, 2026, with 419,385 additional units sold at $10.00 each. The company also sold 3,146 additional private units to its sponsor, and the combined proceeds were placed in the trust account for public shareholders, bringing the trust balance to $204.2 million. The filing is administrative and adds a pro forma balance sheet as Exhibit 99.1, which shows the effect of these closings.

Key points

  • February 2, 2026: closing of 419,385 over-allotment units at $10.00 per unit, for gross proceeds of $4,193,850
  • February 2, 2026: sale of 3,146 additional private units to the sponsor for gross proceeds of $31,460
  • Trust account balance totaled $204,193,850 after the February 2, 2026 deposit
  • Pro forma unaudited balance sheet as of January 30, 2026 filed as Exhibit 99.1

The filing

CompanyXsolla SPAC 1 (XSLL)
Form8-K, current report
Filed with the SECFeb 6, 2026, 4:10 PM ET
Accession number0001213900-26-013277

Items reported: 8.01 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 February 06, 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.