Journal ·

XTER IPO closed. $200 million in trust, 21-month clock

SPAC Pulse 52

Karman Line Acquisition Corp. completed its IPO of 20,000,000 units at $10.00 per unit plus 650,000 private placement units.

XTER8-K

20,000,000 units sold at $10.00 each for $200,000,000 gross proceeds.

650,000 private placement units sold at $10.00 each to sponsor and underwriter.

$200,000,000 deposited in trust account with Continental Stock Transfer & Trust Company.

Each unit contains one Class A ordinary share and one-half of one redeemable warrant; whole warrants exercisable at $11.50.

21-month completion window from August 19, 2026 closing.

Over-allotment option forfeited; 6,666,667 Class B founder shares outstanding.

Audited balance sheet as of August 19, 2026 filed as Exhibit 99.1.

Pulse Impact

  • Previous Pulse: 52
  • New Pulse: 52
  • Change: Unchanged
  • Driver: 8-K did not change the live Pulse reading.

Karman Line Acquisition Corp. Form 8-K (2026-08-25)

Not investment advice. Facts taken from the company’s Form 8-K.

SEC sources

Summaries of public SEC filings. Company press-release exhibits are not reproduced. Not investment advice, not a proxy solicitation.

Same names