Welcome to our dedicated page for OTG Acquisition I news (Ticker: OTGAU), a resource for investors and traders seeking the latest updates and insights on OTG Acquisition I stock.
OTG Acquisition Corp. I (NASDAQ: OTGAU) is a special purpose acquisition company (SPAC) formed to pursue a business combination in the digital infrastructure services sector. Its news flow centers on capital markets milestones, regulatory disclosures, and strategic positioning as a public acquisition vehicle focused on data centers, digital infrastructure, power generation, communication technology and related ecosystems, as described in its SEC filings and press releases.
On this page, readers can follow news items such as the pricing and closing of OTG Acquisition Corp. I’s initial public offering of units on the Nasdaq Global Market, announcements about the commencement of separate trading of its Class A ordinary shares and redeemable warrants under the symbols OTGA and OTGAW, and updates reflected in its Current Reports on Form 8-K. Press releases issued by the company and by Expedition Infrastructure Partners, its strategic institutional advisor, provide additional context on OTG’s focus on established businesses that provide IT infrastructure, power systems, connectivity, environmental controls, IT services, and engineering and construction that support next-generation data centers.
Because OTG Acquisition Corp. I is a SPAC, news coverage often highlights developments related to its trust account structure, governance arrangements, and the timeframe and conditions for completing an initial business combination. Investors and observers can use this news feed to monitor how OTG positions itself within the rapidly evolving digital infrastructure services landscape, as described in its public communications, and to track regulatory and market announcements that may affect its units, shares and warrants.
By reviewing the aggregated news here, users gain a consolidated view of OTG Acquisition Corp. I’s public disclosures, including key transaction-related press releases and material event filings, which together outline how the company is progressing through the SPAC lifecycle toward a potential business combination.
OTG Acquisition Corp. I (NASDAQ:OTGAU) announced that, commencing on or about November 3, 2025, holders of units from its September 15, 2025 IPO may elect to separately trade the ordinary shares and warrants included in each unit.
Separated ordinary shares will trade under OTGA and separated warrants under OTGAW; unsplit units will continue trading as OTGAU. No fractional warrants will be issued upon separation and only whole warrants will trade. Holders must have their brokers contact Continental Stock Transfer & Trust Company, the transfer agent, to effect separation. A related registration statement was declared effective by the SEC on September 11, 2025. This announcement is not an offer or solicitation where unlawful prior to registration.
OTG Acquisition Corp. I (NASDAQ: OTGAU) has successfully completed a $230 million initial public offering, with Expedition Infrastructure Partners (XIP) serving as strategic institutional advisor. The SPAC is targeting acquisitions in the Digital Infrastructure Services sector, focusing on established companies providing essential services in IT infrastructure, power systems, connectivity, and data center operations.
Led by CEO Scott Troeller, who is also the Founder and Managing Partner of XIP, OTG aims to capitalize on the growing demand for computing power, connectivity, and energy management driven by AI and data proliferation. The company's board includes industry veterans Wes Cummins, Richard Nottenburg, and Steven Siesser, bringing extensive operational, investment, and strategic experience to identify potential acquisition targets.
OTG Acquisition Corp. I (Nasdaq: OTGAU) has successfully completed its initial public offering, raising $230 million through the sale of 23 million units at $10.00 per unit. The offering included the full exercise of the underwriters' over-allotment option of 3 million units.
Each unit comprises one Class A ordinary share and one-half of one redeemable warrant, with whole warrants exercisable at $11.50 per share. The company also completed concurrent private placements of 775,000 units at $10.00 per unit, generating additional proceeds of $7.75 million.
Of the total proceeds, $231.15 million ($10.05 per public unit) has been placed in trust. The units trade on Nasdaq under "OTGAU", with Class A shares and warrants to list separately as "OTGA" and "OTGAW".
OTG Acquisition Corp. I (Nasdaq: OTGAU), a special purpose acquisition company (SPAC), has announced the pricing of its $200 million initial public offering. The company is offering 20 million units at $10.00 per unit, with each unit comprising one Class A ordinary share and one-half of one redeemable warrant.
The units will trade on the Nasdaq Global Market under the symbol "OTGAU" starting September 12, 2025. Upon separate trading, the Class A shares and warrants will trade under "OTGA" and "OTGAW" respectively. B. Riley Securities leads the offering as book-running manager, with Northland Capital Markets and Lake Street as joint book-runners. The underwriters have a 45-day option to purchase up to 3 million additional units for over-allotments.
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