Every 8-K that Karman Line Acquisition Corp. Units (XTERU) 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 XTERU 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 XTERU filings page.
Karman Line Acquisition Corp. (XTERU), a special purpose acquisition company, disclosed that holders of its units from the initial public offering may, commencing on August 27, 2026, elect to separately trade the Class A ordinary shares and redeemable warrants included in those units. Each unit consists of one Class A ordinary share with par value $0.0001 and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50. Units will continue to trade on Nasdaq under the symbol XTERU, while the separated Class A ordinary shares and warrants will trade under symbols XTER and XTERW, respectively, and only whole warrants will trade.
Karman Line Acquisition Corp. (XTERU), a Cayman Islands SPAC, reported completion of its initial public offering on August 19, 2026, selling 20,000,000 units at $10.00 per unit. Each unit contains one Class A ordinary share and one-half of one redeemable warrant. Simultaneously, it completed a private placement of 650,000 private units at $10.00 per unit to its sponsor and the underwriter.
Total gross IPO proceeds of $200,000,000, together with certain private placement proceeds, were placed in a Trust Account for the benefit of public shareholders and the underwriter. These funds will generally remain in trust until the initial business combination or the mandatory redemption of public shares if no business combination is completed within 21 months. Public shareholders are entitled to redeem their shares in connection with a business combination or specified charter amendments at approximately $10.00 per share plus interest, subject to stated limits.
The audited balance sheet shows $202,490,931 in total assets, including $2,490,931 of cash outside the Trust Account and $200,000,000 in the Trust Account. Current liabilities total $656,069, with $8,000,000 of deferred underwriting commissions. Class A shares subject to possible redemption are recorded as temporary equity at $200,000,000. The auditor issued an unqualified opinion, and management concluded the company has sufficient liquidity to meet working capital needs for at least one year from the financial statement issuance date.
Karman Line Acquisition Corp. (XTERU), a Cayman Islands special purpose acquisition company, completed its initial public offering of 20,000,000 units on August 19, 2026 at $10.00 per unit, generating $200,000,000 in gross proceeds. 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 sponsor and underwriters purchased an additional 650,000 Private Placement Units at $10.00 each for $6,500,000. A total of $200,000,000 of net proceeds from the IPO and Private Placement was deposited into a trust account, to be released upon a business combination or specified redemption events. Karman Line has 21 months from the IPO closing to complete an initial business combination, with governance documents, board committees, indemnification agreements, and key service and trust agreements becoming effective in connection with the IPO.