Gross proceeds totaled $100,000,000. Each unit contains one Class A ordinary share, one warrant exercisable at $11.50, and one right to 1/4 Class A share upon a business combination.
Underwriters hold a 45-day option for up to 1,500,000 additional units.
Simultaneous private placement of 231,750 units to the sponsor generated $2,317,500.
$100,000,000 was placed in the trust account at Equiniti Trust Company, LLC. After $1,620,488 in IPO expenses and $39,629 operating costs, working capital outside trust stands at $591,729.
The Completion Window is 12 months from closing, with two three-month extensions available. No target has been identified.
Pulse Impact
- Previous Pulse: 52
- New Pulse: 52
- Change: Unchanged
- Driver: 8-K did not change the live Pulse reading.
Northstrive Acquisition Corp I. Form 8-K (2026-08-28)
Not investment advice. Facts taken from the company’s Form 8-K.