Form 4: United Acquisition SPAC reports purchase transactions in UAC
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
United Acquisition SPAC LLC reported open-market purchase transactions in a Form 4 filing for UAC. The filing lists transactions totaling 457 shares at a weighted average price of $10.00 per share. Following the reported transactions, holdings were 175,457 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 457 shares ($4,570)
Net Buy
1 txn
Insider
United Acquisition SPAC LLC, PACKER PAUL
Role
10% Owner | CEO, CFO and Chairman
Bought
457 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 457 | $10.00 | $5K |
Holdings After Transaction:
Class A Ordinary Shares — 175,457 shares (Direct)
Footnotes (1)
- These Class A ordinary shares (the "Private Placement Shares") underlie the 457 private placement units (the "Overallotment Private Placement Units") that United Acquisition SPAC LLC (the "Sponsor") purchased from United Acquisition Corp. I (the "Issuer") in a private placement in connection with the underwriters' partial exercise of the overallotment option, at $10.00 per Overallotment Private Placement Units, as described in the Issuer's final prospectus filed pursuant to Rule 424(b)(4) on January 29, 2026 (the "Final Prospectus"). Each Overallotment Private Placement Unit is comprised of one Private Placement Share and one-quarter of one warrant (the "Private Placement Warrants"), with each whole Private Placement Warrant exercisable to purchase one Private Placement Share. Does not represent any Private Placement Shares issuable upon the exercise of the Private Placement Warrants. Mr. Paul Packer, the Issuer's Chairman, Chief Executive Officer and Chief Financial Officer, is the sole managing member of the Sponsor. As a result, Mr. Packer may be deemed to have beneficial ownership of the Overallotment Private Placement Units (including the Private Placement Shares included in such units) held by the Sponsor. Mr. Packer disclaims such beneficial ownership except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did United Acquisition Corp. I (UAC) report on this Form 4?
United Acquisition Corp. I reported that its sponsor, United Acquisition SPAC LLC, bought 457 Class A ordinary shares at $10.00 per share. The shares relate to private placement units issued in connection with the underwriters' partial exercise of an overallotment option on February 12, 2026.
Who are the reporting persons on this United Acquisition Corp. I (UAC) Form 4?
The Form 4 lists United Acquisition SPAC LLC and Paul Packer as reporting persons. Packer serves as Chairman, Chief Executive Officer, Chief Financial Officer and a 10% owner, and he is the sole managing member of the sponsor entity that purchased the private placement units.
What are the terms of the private placement units referenced in the United Acquisition Corp. I (UAC) filing?
Each overallotment private placement unit consists of one Class A ordinary share and one-quarter of a private placement warrant. Every whole private placement warrant can be exercised to buy one additional share, but the reported amount does not include any shares from potential warrant exercises.
How does Paul Packer’s role relate to the United Acquisition Corp. I (UAC) sponsor’s holdings?
Paul Packer is the sole managing member of United Acquisition SPAC LLC, the sponsor that purchased the private placement units. The filing states he may be deemed to beneficially own those units but expressly disclaims beneficial ownership except to the extent of his pecuniary interest.