Every 8-K that Patriot Acquisition Corp. Units (PTACU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PTACU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PTACU filings page.
Patriot Acquisition Corp. announced that, effective July 6, 2026, holders of its units can choose to trade the Class A ordinary shares and warrants separately. Each unit consists of one Class A ordinary share with $0.0001 par value and one-half of one redeemable warrant.
Each whole warrant allows the purchase of one Class A ordinary share at an exercise price of $11.50 per share. Units that are not separated will continue to trade on Nasdaq under the symbol PTACU, while separated Class A ordinary shares and warrants will trade under PTAC and PTACW, respectively.
The company is a blank check vehicle formed to pursue a business combination, primarily targeting financial industry businesses such as fee-based fintech, specialty finance, and digital banking companies, though it may consider opportunities in other sectors or stages.
Patriot Acquisition Corp. details the completion of its SPAC IPO and a partial exercise of the underwriters’ over-allotment option. The company sold 16,000,000 units at $10.00 each for gross proceeds of $160,000,000, then issued an additional 1,500,000 units for $15,000,000.
It also sold 5,200,000 Private Placement Warrants for $5,200,000 at the IPO closing and 75,000 additional Private Placement Warrants for $75,000 when the over-allotment units closed. In total, $175,875,000 of net proceeds from the IPO and warrant private placements was deposited into the SPAC trust account, backing 17,500,000 Class A ordinary shares subject to possible redemption at $10.05 per share.
Patriot Acquisition Corp., a blank check company, reported the completion of its initial public offering and related transactions. The company sold 16,000,000 units at $10.00 each, raising gross proceeds of $160,000,000, with each unit including one Class A ordinary share and half of a redeemable warrant exercisable at $11.50 per share.
Underwriters partially exercised their over-allotment option for 1,500,000 additional units, adding $15,000,000 of gross proceeds. Together with a private placement of 5,200,000 warrants at $1.00 each and a subsequent 75,000 additional private placement warrants, a total of $175,875,000 was deposited into a trust account for a future business combination.
The audited balance sheet as of May 18, 2026 shows total assets of $162,535,639, including $160,800,000 of cash held in the trust account and cash outside the trust of $1,689,070. Class A ordinary shares subject to possible redemption are recorded at $160,800,000, and the company reports shareholders’ deficit driven by transaction costs and the redemption structure typical of a SPAC.
Patriot Acquisition Corp. reports that the underwriter partially exercised its over-allotment option, leading to the sale of an additional 1,500,000 units at $10.00 per unit for gross proceeds of $15,000,000. This follows the company’s initial public offering of 16,000,000 units at $10.00 per unit, which raised $160,000,000.
The company also sold 5,200,000 private placement warrants at $1.00 each at the IPO closing and a further 75,000 private placement warrants in connection with the over-allotment, adding $75,000. After these transactions, $175,875,000 was placed in the trust account, and total units sold in the offering reached 17,500,000 with gross proceeds of $175,000,000 before fees.
Patriot Acquisition Corp. completed its initial public offering of 16,000,000 units at $10.00 per unit, raising gross proceeds of $160,000,000. Each unit includes one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable at $11.50 per share.
The company also sold 5,200,000 Private Placement Warrants at $1.00 each to its sponsor and Keefe, Bruyette & Woods, and deposited $160,800,000 of IPO and private placement proceeds into a trust account. These funds will remain in trust until a business combination is completed or the SPAC is liquidated, generally within 18 months of the IPO closing.
Patriot Acquisition appointed a classified board with independent directors, formed audit and compensation committees, and entered into indemnification, lock-up, and registration rights agreements with directors. The SPAC intends to target financial industry businesses, including fintech, specialty finance, and digital banking, for its future business combination.