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