Xsolla SPAC 1 Announces Closing of $200,000,000 Initial Public Offering
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Xsolla SPAC 1 has successfully closed its initial public offering, raising $200 million by selling 20 million units at $10 each. Each unit includes one Class A ordinary share and a half warrant, with the whole warrant allowing purchase of a share at $11.50. The underwriter has an option to buy an additional 3 million units. The SEC declared the registration statement effective on January 28, 2026. The company, led by CEO Dmitry Burkovskiy, is yet to identify a specific business combination target.
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