United Acquisition Corp. I Announces Closing of $100,000,000 Million Initial Public Offering
United Acquisition Corp. I (NYSE American: UACU) closed its initial public offering on January 30, 2026, selling 10,000,000 units at $10.00 per unit for total gross proceeds of $100,000,000 before underwriting discounts and offering expenses.
Sentiment and the balance of points
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Rhea-AI Summary
United Acquisition Corp. I (NYSE American: UACU) closed its initial public offering on January 30, 2026, selling 10,000,000 units at $10.00 per unit for total gross proceeds of $100,000,000 before underwriting discounts and offering expenses.
Each unit contains one Class A ordinary share and one-quarter of a redeemable public warrant; whole warrants exercise at $11.50 per share. Units began trading January 29, 2026; separate listing of shares and warrants as UAC and UACW is expected once separated trading begins.
Positive
- Gross proceeds of $100,000,000 from the IPO
- 10,000,000 units sold at $10.00 per unit
- Market listing began on NYSE American under ticker UACU
Negative
- None.
Key Figures
- Units Offered
- 10,000,000 units
- Initial public offering
- Unit Price
- $10.00 per unit
- Initial public offering price
- Gross Proceeds
- $100,000,000
- Total gross proceeds before expenses
- Warrant Exercise Price
- $11.50 per share
- Exercise price of each whole public warrant
- Warrant Fraction
- One-quarter warrant per unit
- Each unit includes one-quarter of one redeemable warrant
- Effective Date
- January 28, 2026
- Registration statement effectiveness
- IPO Closing Date
- January 30, 2026
- Closing of initial public offering
- Units Trading Start
- January 29, 2026
- Units began trading on NYSE American
Key Terms
blank check company financial
redeemable public warrant financial
prospectus regulatory
registration statement regulatory
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BOCA RATON, FL / ACCESS Newswire / January 30, 2026 / United Acquisition Corp. I (the "Company"), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the closing of its initial public offering of 10,000,000 units at a price of
The units began trading on the NYSE American exchange under the ticker symbol "UACU" on January 29, 2026. Each unit consists of one Class A ordinary share of the Company and one-quarter of one redeemable public warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of
Lucid Capital Markets, LLC and Chardan acted as joint book-running managers.
The public offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Lucid Capital Markets, LLC, 570 Lexington Ave, 40th Floor, New York, New York 10022, or by email at: prospectus@lucidcm.com, or Chardan, 1 Pennsylvania Plaza, Suite 4800, New York, New York 10119, or by email at: prospectus@chardan.com, or from the SEC website at www.sec.gov.
A registration statement relating to the securities became effective on January 28, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the anticipated use of the net proceeds from the offering. No assurance can be given that the net proceeds of the offering will be used as indicated, or that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering filed with the U.S. Securities and Exchange Commission (the "SEC"). Copies of these documents are available on the SEC's website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact:
United Acquisition Corp. I
www.unitedacqcorp1.com
Inquiries
info@unitedacqcorp.com
SOURCE: United Acquisition Corp. I
View the original press release on ACCESS Newswire
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