United Acquisition Corp. I Announces Pricing of $100 Million Initial Public Offering

Rhea-AI Summary

United Acquisition Corp. I (UAC) priced a $100.0 million initial public offering of 10,000,000 units at $10.00 per unit on January 28, 2026, expected to close January 30, 2026.

Units trade as UACU on NYSE American beginning January 29, 2026; each unit equals one Class A share plus one-quarter warrant. Whole warrants exercise at $11.50. The underwriters have a 45-day option to buy 1,500,000 additional units to cover over-allotments.

Positive

• Offering size of $100 million via 10,000,000 units at $10.00 each
• Expected NYSE American listing for units UACU on January 29, 2026
• Structure: each unit = one Class A share + 1/4 warrant with $11.50 strike
• Underwriters granted a 45-day option for up to 1,500,000 additional units

Negative

• Potential dilution from 10,000,000 Class A shares plus redeemable warrants
• Over-allotment option equals 15% of the deal, increasing issuance risk
• Blank-check structure formed to complete a business combination, creating target and execution uncertainty

BOCA RATON, FL / ACCESS Newswire / January 28, 2026 / United Acquisition Corp. I (the "Company") announced the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit on January 28, 2026. The units are expected to be listed for trading on NYSE American under the ticker symbol "UACU" beginning January 29, 2026. Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on NYSE American under the symbols "UAC" and "UACW," respectively. The offering is expected to close on January 30, 2026, subject to customary closing conditions.

The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination opportunity in any industry or sector.

Lucid Capital Markets, LLC and Chardan are acting as joint book-running managers. The Company has granted the underwriters a 45-day option to purchase up to 1,500,000 additional units at the initial public offering price to cover over-allotments, if any.

The public offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Lucid Capital Markets, LLC, 570 Lexington Ave, 40^th 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 proposed initial public offering and the anticipated use of the net proceeds from the offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, 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

FAQ

What did United Acquisition Corp. I (UAC) price in its January 28, 2026 IPO?

They priced 10,000,000 units at $10.00 each for gross proceeds of $100.0 million. According to the company, the offering is expected to close on January 30, 2026, subject to customary closing conditions.

When will UAC units and shares begin trading on NYSE American and under which symbols?

Units are expected to trade as UACU starting January 29, 2026. According to the company, once separated, Class A shares and warrants should trade as UAC and UACW, respectively.

What securities does each UAC unit include and what is the warrant exercise price?

Each unit includes one Class A ordinary share plus one-quarter of a redeemable warrant. According to the company, each whole warrant is exercisable at $11.50 per share, subject to adjustment.

How large is the underwriters' option for additional UAC units and for how long?

Underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments. According to the company, this option represents potential incremental issuance of 15% of the initial units.

What is United Acquisition Corp. I’s business purpose and how might that affect investors in UAC?

The company was formed to complete a merger, share exchange, or similar business combination. According to the company, this blank-check focus means investors should consider target selection and execution risk when assessing UAC.