Company: UAC
Filing Date: 2025-12-03
Form Type: S-1
Source: 0001493152-25-025837
Chunk: 76

Company: United Acquisition Corp. I
Filing Date: 2025-12-03
Form: S-1
Chunk 76
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 business combination is not completed (other than with respect to any public shares they may acquire during or after this offering), and because our Sponsor, officers and directors and any other holder of our founder shares, directly or indirectly may profit substantially from a business combination as a result of their ownership of founder shares even under circumstances where our public shareholders would experience losses in connection with their investment, a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination, including in connection with the shareholder vote in respect thereto.

On October 24, 2025, our Sponsor paid $25,000, or approximately $0.009 per share, to cover certain of our offering and formation costs in exchange for 2,875,000 founder shares. Prior to this initial investment in us by the Sponsor, we had no assets, tangible or intangible. On November 26, 2025, the Company effected a share dividend of approximately 0.33 shares for each Class B ordinary share outstanding, resulting in the Sponsor holding an aggregate of 3,833,333 founder shares. On November 26, 2025, our Sponsor transferred 25,000 shares to each of our independent directors, in each case at the same per-share purchase price paid by our Sponsor. Up to 500,000 of the founder shares are subject to forfeiture depending on the extent to which the underwriter’s over-allotment option is exercised. The founder shares held by our independent directors will not be subject to forfeiture in the event the underwriter’s over-allotment option is not exercised. Our initial shareholders will collectively beneficially own 25.8% of our issued and outstanding ordinary shares, after this offering and the private placements (assuming they do not purchase any units in this offering and the underwriter does not exercise the over-allotment option). If we increase or decrease the size of this offering, we will effect a capitalization or share repurchase or surrender or other appropriate mechanism, as applicable, immediately prior to the consummation of this offering in such amount as to maintain the number of founder shares at 25% of our issued and outstanding ordinary shares, upon the consummation of this offering. The founder shares may be worthless if we do not complete an initial business combination.

In addition, our Sponsor has committed to purchase 2,333,333 private placement warrants for a purchase price of $1,750,000 (or up to 2,383,333 warrants for a purchase price of