UY Scuti Acquisition Corp. (NASDAQ: UYSC) is a Cayman Islands blank check company whose securities are registered under Section 12(b) of the Exchange Act and listed on the Nasdaq Stock Market. This SEC filings page brings together the company’s regulatory disclosures, which are central to understanding its activities as a special purpose acquisition company.
As a SPAC, UY Scuti Acquisition Corp. uses SEC filings to report material events, financing arrangements, and progress toward a business combination. For example, a Form 8-K dated September 12, 2025 describes the issuance of an unsecured promissory note of up to $1,000,000 to its sponsor, UY Scuti Investments Limited, including repayment terms, conversion features into units of the company’s securities, and customary default provisions. The same filing lists the company’s Nasdaq-traded units (UYSCU), ordinary shares (UYSC), and rights (UYSCR).
Filings also play a central role in the proposed business combination with Isdera Group Limited. The joint press release explains that a registration statement on Form S-4 or F-4, including a proxy statement and prospectus, will be filed with the U.S. Securities and Exchange Commission in connection with the transaction. That registration statement, together with related Current Reports on Form 8-K, is expected to contain detailed information about the merger structure, shareholder voting, and the listing application for the combined company, Isdera Inc., on the Nasdaq Capital Market.
On this page, users can review UY Scuti Acquisition Corp.’s current reports on Form 8-K, its annual and other periodic reports when available, and transaction-related registration statements. AI-powered tools summarize lengthy documents such as registration statements and material event reports, highlight key terms like maturity dates, conversion rights, and conditions to closing, and make it easier to locate information on securities structure, sponsor financing, and the status of the proposed business combination.
UY Scuti Acquisition Corp. issued Isdera HK Limited an unsecured $900,000 promissory note on October 22, 2026, evidencing two $450,000 loans deposited into the trust account to extend the time to complete a business combination to October 1, 2026, and January 1, 2027. It also issued Xinghui Automotive Technology (Hainan) Co., Ltd. a note permitting borrowings of up to $200,000 for transaction costs; $135,154 was outstanding at issuance. Both notes are unsecured, bear no interest and are due when the proposed business combination closes. At maturity, outstanding principal may convert into company units at $10.00 per unit, each comprising one ordinary share and one right to receive one-fifth of an ordinary share. If a holder is or would become a Purchaser subsidiary upon closing, its conversion right terminates and the principal is settled through cash repayment, intercompany set-off or another intercompany settlement mechanism, as determined by the holder and UYSC.
On October 22, 2026, UY Scuti Acquisition Corp. (UYSC) issued two unsecured, non-interest-bearing promissory notes. A $900,000 note to Isdera HK Limited evidences two prior $450,000 loans deposited in UYSC’s trust account, extending the business-combination deadline to October 1, 2026, and then January 1, 2027. A separate note to Xinghui Automotive Technology (Hainan) Co., Ltd. allows borrowings in one or more installments up to $200,000 for transaction costs reasonably related to the proposed business combination; $135,154 was outstanding at issuance.
Both notes are due when UYSC consummates the business combination. At maturity, outstanding principal may convert into UYSC units at $10.00 per unit, each comprising one ordinary share and one right to receive one-fifth of an ordinary share. If a noteholder is or would become a Purchaser subsidiary upon closing, its conversion right ends and the principal is to be settled or discharged at closing by cash repayment, legally effective intercompany set-off, or another mechanism determined by the holder and UYSC.
UY Scuti Acquisition Corp. (UYSC) deposited an aggregate of $450,000 into its Trust Account on September 30, 2026, to extend the time to complete its initial business combination. Isdera HK Limited, an affiliate of Isdera Group Limited, loaned the $450,000 to UYSC. The deposit extended the deadline for UYSC’s third three-month extension period from October 1, 2026, to January 1, 2027.
On September 22, 2026, the merger agreement parties entered into a joinder agreement that made Isdera, Inc. and Isdera Technology Limited parties to the agreement, and then entered into the First Amendment to the Merger Agreement.
UY Scuti Acquisition Corp. (UYSC) deposited $450,000 into its trust account on September 30, 2026, extending its deadline to complete an initial business combination from October 1, 2026, to January 1, 2027, for the third three-month extension period. Isdera HK Limited, an affiliate of Isdera Group Limited, loaned UYSC the extension payment; UYSC expects to issue the lender a promissory note.
On September 22, 2026, UYSC and the other merger parties entered a joinder agreement that made Isdera Inc. and Isdera Technology Limited parties to the Merger Agreement. The parties then entered the First Amendment to the Merger Agreement.
UY Scuti Acquisition Corp. (UYSC) and the other parties to its merger agreement signed a joinder and first amendment on September 22, 2026. The joinder made Isdera Inc, the Purchaser, and Isdera Technology Limited, the Merger Sub, parties to the agreement. The amendment revised the definition of Company Net Value to $920,000,000, corrected a technical error in the definition of Purchaser Rights, and restated schedules for allocating closing consideration among Isdera Group’s shareholders and for Isdera Group’s share capital representation.
UY Scuti Acquisition Corp. (UYSC), Isdera Inc, Isdera Technology Limited, Isdera Group Limited, the Principal Shareholders and Wenfang Song, acting as the Principal Shareholders’ representative, agent and attorney-in-fact, entered into a joinder and first amendment to their merger agreement on September 22, 2026. The joinder made Isdera Inc and Isdera Technology Limited parties to the agreement.
The amendment revised the definition of “Company Net Value” to $920,000,000, corrected a technical error in “Purchaser Rights,” and amended and restated schedules allocating closing consideration among Isdera Group shareholders. It also amended and restated Isdera Group’s representation concerning its share capital and related schedules.
UY Scuti Acquisition Corp. (UYSC) reported initial insider ownership for Yin Qunxue, CEO and Chairman, via a Form 3. The filing shows indirect holdings through UY Scuti Investments Limited (the Sponsor) of 1,448,348 Ordinary Shares and Rights that are exercisable into 48,169 Ordinary Shares at an exercise price of $0.0000 per share. Each Right entitles the holder to receive one-fifth of one Ordinary Share upon consummation of the company’s initial business combination and will expire upon liquidation if that combination is not completed. Yin Qunxue is the sole director and control person of the Sponsor, has sole voting and dispositive power over these securities, and disclaims beneficial ownership except to the extent of his pecuniary interest.
UY Scuti Acquisition Corp., a Cayman Islands SPAC, reported unaudited results for the quarter ended June 30, 2026. Total assets were $35.6 million, consisting largely of $35.6 million of cash in its Trust Account after substantial shareholder redemptions.
The company recorded net income of $164,865, driven by $302,840 of interest on Trust funds and $137,975 of operating expenses. Following a March 2026 extension vote, holders of 2,437,288 ordinary shares redeemed for about $25.3 million, leaving 3,312,712 public shares outstanding. The sponsor and Isdera affiliates deposited an aggregate $900,000 into the Trust to fund two three‑month extension periods.
The company has a working capital deficit and shareholders’ deficit of $1,640,146 and an accumulated deficit of $2,615,575. Management discloses substantial doubt about the ability to continue as a going concern if a Business Combination—pursuant to a signed $1 billion Merger Agreement with Isdera Group Limited—is not completed by April 1, 2027.
Mizuho Financial Group, Inc., a Japan-based parent holding company, reported its beneficial ownership in UY Scuti Acquisition Corp. common shares in an amended Schedule 13G. Mizuho reports beneficial ownership of 469,800 common shares, representing 6.1% of the class as of the reporting date.
Mizuho has sole voting and sole dispositive power over all 469,800 shares, with no shared voting or dispositive power. The shares are directly held by Mizuho Securities USA LLC, and Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Mizuho Americas LLC may be deemed indirect beneficial owners through this wholly owned subsidiary.
UY Scuti Acquisition Corp. reported leadership changes effective August 6, 2026. Jialuan Ma resigned as Chief Executive Officer and as a member of the Board of Directors for personal reasons, with the company stating her resignation did not arise from any disagreement regarding operations, policies, or practices. The Board appointed Qunxue Yin, age 62, as Chief Executive Officer and Chairman of the Board, effective August 8, 2026. Mr. Yin has decades of management and financial experience at Chinese banks and holds advanced degrees in finance and economics. He is the sole director and control person of the company’s Sponsor, UY Scuti Investments Limited, which owns 1,448,348 ordinary shares. In connection with his agreement to serve as CEO, the Sponsor intends to transfer an aggregate of 50,000 ordinary shares of the company that it holds to Mr. Yin. The company states there are no family relationships between Mr. Yin and other officers or directors and no related-party transactions requiring disclosure beyond his role with the Sponsor.