Overview
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Description
United Acquisition Corp. I is a blank check company, commonly known as a special purpose acquisition company (SPAC). It was formed to raise capital through an initial public offering priced at $10.00 per share, offering 10,000,000 shares for a total deal size of $100 million. The company's primary purpose is to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, typically targeting opportunities in various sectors without predefined restrictions. Following its IPO, United Acquisition Corp. I recently announced the separate trading of its Class A ordinary shares and warrants, commencing on February 18, 2026. With approximately 13.61 million shares outstanding and a market capitalization of around $136.08 million, it exemplifies the SPAC structure prevalent in public markets, providing a pathway for private companies to access public equity capital. Currently, financial metrics such as revenue, net income, and earnings per share remain unavailable as trading has just begun.
About
CEO
Mr. Paul Packer
Employees
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Address
7100 West Camino Real
Suite 302-48
Boca Raton, 33433, FL
United States
Suite 302-48
Boca Raton, 33433, FL
United States
Phone
(212) 847-3248
Website
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Instrument type
Common stock
Sector
Financial Services
Industry
Shell Companies
Country
United States
MIC code
XASE