GalaxyEdge (NYSE: GLED) over-allotment lifts IPO to 11.5M units

(High)

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

GalaxyEdge Acquisition Corporation reports that underwriters exercised in full their IPO over-allotment option to purchase 1,500,000 additional units at $10.00 per unit, adding gross proceeds of $15,000,000 and bringing the total IPO to 11,500,000 units and $115,000,000 in gross proceeds.

The units each include one Class A ordinary share and a right to receive one-fourth of one ordinary share upon completion of an initial business combination. The over-allotment closing is expected on March 12, 2026, subject to customary conditions, as the SPAC continues to seek a business combination outside Greater China.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

What did GalaxyEdge Acquisition (GLED) announce in this 8-K filing?

GalaxyEdge announced that IPO underwriters fully exercised their over-allotment option, buying 1,500,000 additional units at $10.00 each. This raised total IPO size to 11,500,000 units and $115,000,000 in aggregate gross proceeds for the SPAC.

How much additional capital did GalaxyEdge Acquisition (GLED) raise from the over-allotment?

The over-allotment exercise generated $15,000,000 in additional gross proceeds from the sale of 1,500,000 extra units at $10.00 per unit. Combined with the base deal, total IPO gross proceeds reached $115,000,000 for GalaxyEdge Acquisition Corporation.

What securities are included in GalaxyEdge Acquisition (GLED) IPO units?

Each GalaxyEdge IPO unit consists of one Class A ordinary share and one right to receive one-fourth of one ordinary share. The rights become exercisable upon the completion of the SPAC’s initial business combination, providing fractional share entitlement to holders.

When is the GalaxyEdge Acquisition (GLED) over-allotment expected to close?

The closing of the over-allotment option is expected on March 12, 2026, subject to satisfaction of customary closing conditions. This follows the underwriters’ decision on March 10, 2026 to purchase the additional 1,500,000 units at the IPO public offering price.

What is GalaxyEdge Acquisition (GLED) planning to do as a SPAC?

GalaxyEdge is a blank check company formed to pursue a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination. It plans a global search but will not combine with entities based in, or mainly operating in, Greater China.

Which firms were involved in the GalaxyEdge Acquisition (GLED) IPO?

Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, acted as sole book-running manager. Celine and Partners, P.L.L.C. served as legal counsel to GalaxyEdge, while Holland & Knight LLP advised Polaris. Equinox Capital Solutions Limited is the SPAC sponsor.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Understanding 8-K Material Events →

Accepted by SEC EDGAR 03/10/2026 - 04:36 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 10, 2026

GalaxyEdge Acquisition Corporation

(Exact name of registrant as specified in its charter)

Cayman Islands		001-00000 001-43175		00-0000000 N/A
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1185 Avenue of the Americas, Suite 349

New York, NY

10036

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (212) 612-1400

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of exchange on which registered
Units, each consisting of one ordinary share, par value $0.0001, and one right entitling the holder to receive 1/4 of one ordinary share	GLEDU	The Nasdaq Stock Market LLC
Ordinary Shares, $0.0001 par value	GLED	The Nasdaq Stock Market LLC
Rights to receive one-fourth (1/4) of one ordinary share	GLEDR	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01.

Other Events.

On March 10, 2026, the underwriters of the initial public offering (the “IPO”) of GalaxyEdge Acquisition Corp. (the “Company”) exercised in full their over-allotment option to purchase 1,500,000 additional units (the “Units”) at a price of $10.00 per Unit, resulting in additional gross proceeds of $15,000,000 to the Company. Following the exercise of the over-allotment option, the total number of Units sold in the IPO increased to 11,500,000 Units, resulting in aggregate gross proceeds of $115,000,000.

A copy of the press release announcing the exercise of the over-allotment option is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01.

Financial Statements and Exhibits.

(d)

Exhibits

Exhibit No.		Description
99.1		Press Release Announcing Exercise of Over-Allotment Option
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	GalaxyEdge Acquisition Corporation

Date: March 10, 2026	By:	/s/ Ping Zhang
	Name:	Ping Zhang
	Title:	Chief Executive Officer

Exhibit 99.1

PRESS RELEASE

GALAXYEDGE ACQUISITION CORPORATION ANNOUNCES EXERCISE OF

OVER-ALLOTMENT OPTION

New York, NY, March 10, 2026 — GalaxyEdge Acquisition Corporation (NYSE: GLEDU or the “Company”), today announced that the underwriters of its recently announced initial public offering exercised their over-allotment option to purchase an additional 1,500,000 units of at the public offering price of $10.00 per unit, bringing the total units sold to 11,500,000. The closing of the over-allotment option, is expected to occur on March 12, 2026, subject to the satisfaction of customary closing conditions.

Each unit consists of one Class A ordinary share and one right to receive one-fourth of one ordinary share upon the consummation of the initial business combination. The units are listed on The New York Stock Exchange (“NYSE”) and began trading under the ticker symbol “GLEDU” on March 4, 2026. Once the securities comprising the units begin separate trading, the ordinary share and rights are expected to be listed on NYSE under the symbols “GLED” and “GLEDR,” respectively

Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, served as the sole book-running manager for the offering.

Celine and Partners, P.L.L.C. served as legal counsel to the Company. Holland & Knight LLP served as legal counsel to Polaris Advisory Partners LLC. Equinox Capital Solutions Limited is the Sponsor of the Company.

A registration statement on Form S-1 relating to the securities (File No. 333-290899) was previously filed with the Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on February 26, 2026. This offering was made only by means of a prospectus forming part of the effective registration statement. Copies of the prospectus may be obtained on the SEC’s website at http://www.sec.gov. Electronic copies of the prospectus may be obtained from Polaris Advisory Partners LLC, 5900 Balcones Drive, Suite 100, Austin, Texas 78731, or by telephone at (512) 537-6800

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. The offering may be made only by means of the prospectus relating to the offering.

About GalaxyEdge Acquisition Corporation

The Company is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. While the Company intends to conduct a global search for potential targets without geographic limitations, its management team has experience investing in and building businesses across the Asia-Pacific region and possesses a strong understanding of the region’s business environment, regulatory landscape and culture. The Company will not pursue an initial business combination with any entity based in, or having the majority of its operations in, Greater China. The Company is led by Mr. Ping Zhang, the Company’s Chairman, Chief Executive Officer and Chief Financial Officer.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the IPO and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. 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 IPO filed with the SEC. Copies are available on the SEC’s website, 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:

Yuya Orime

Senior Vice President

Polaris Advisory Partners

(650) 690-1751

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Press Releases

EX-99.1 EXHIBIT 99.1 9.1 KB