Company: SDHIU
Filing Date: 2025-03-07
Form Type: S-1
Source: 0001213900-25-021782
Chunk: 209

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-03-07
Form: S-1
Chunk 209
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. The following table does not reflect record or beneficial ownership of the private placement rights as these rights are not convertible within 60 days of the date of this prospectus. On July15, 2024, the sponsor entered into a certain subscription agreement with the company, paying $25,000, or approximately $0.004 per share, in exchange for the issuance of 5,750,000 founders shares to the sponsor. On October7, 2024 the company, through a share capitalization, by way of entering into an amended and restated subscription agreement, issued the sponsor an additional 1,437,500 Class B ordinary shares, as a result of which the sponsor has purchased and holds an aggregate of 7,187,500 Class B ordinary shares. Subsequently, on February10, 2025, our sponsor surrendered for no consideration and we canceled 1,437,500 of such Class A ordinary shares, resulting in 5,750,000 Class A ordinary shares remaining outstanding. Prior to the initial investment in the company of $25,000 by the sponsor, the company had no assets, tangible or intangible. The purchase price of the founder shares was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 23,000,000 units if the underwriter’s over -allotmentoption is exercised in full, and therefore that such founder shares would represent 20% of the outstanding shares after this offering. Up to 750,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriter’s over -allotmentis exercised. The post -offeringpercentages in the following table assume that the underwriter does not exercise their over -allotmentoption, that 750,000 founder shares have been surrendered to us for no consideration, and that there are 25,000,000 ordinary shares issued and outstanding after this offering.

| Name and Address of                                                    
 Beneficial Owner(1)                                                    |     |    Number of 
      Class A 
     Ordinary 
       Shares 
 Beneficially 
        Owned |     | Approximate Percentage of 
       Outstanding Class A 
           Ordinary Shares |          |     |   |          |    Number of 
      Class B 
     Ordinary 
       Shares 
 Beneficially 
        Owned |     | Approximate Percentage of