Company: UAC
Filing Date: 2025-12-03
Form Type: S-1
Source: 0001493152-25-025837
Chunk: 292

Company: United Acquisition Corp. I
Filing Date: 2025-12-03
Form: S-1
Chunk 292
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 of such warrants and the “fair market value” (defined below) by (y) the fair market value. The “fair market value” means the average reported last sale price of the Class A ordinary shares for the ten trading days ending on the third trading day prior to the date of exercise.

Redemption of Warrants:The Company may redeem the outstanding warrants:

| ● | in                                                                                                                                 
 whole and not in part;                                                                                                             |
| ● | at                                                                                                                                 
 a price of $0.01 per warrant;                                                                                                      |
| ● | upon                                                                                                                               
 a minimum of 30 days’ prior written notice of redemption (the “30-day redemption period”); and                                     |
| ● | if,                                                                                                                                
 and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $16.50 per share (as adjusted for share 
 splits, dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period ending  
 on the third trading day prior to the date on which the Company will send the notice of redemption to the warrant holders.         |

The Company will not redeem the warrants unless a registration statement under the Securities Act covering the issuance of the warrant shares underlying the warrants to be so redeemed is then effective and a current prospectus relating to those warrant shares is available throughout the 30-day redemption period, except if the warrants may be exercised on a cashless basis and such cashless exercise is exempt from registration under the Securities Act. If and when the warrants become redeemable by the Company, it may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws.

If the foregoing conditions are satisfied and the Company issues a notice of redemption, each warrant holder may exercise his, her or its warrants prior to the scheduled redemption date. However, the price of the Class A ordinary shares may fall below the $16.50 trigger price (as adjusted) as well as the $11.50 exercise price (as adjusted) after the redemption notice is issued. The redemption criteria for the warrants have been established

| F-12 |

<div align='center'>UNITED ACQUISITION CORP. I

NOTES TO FINANCIAL STATEMENTS

OCTOBER 31, 2025</div>

3. PROPOSED OFFERING(cont.)

at a price which is intended to provide warrant holders a reasonable premium to the initial exercise price and provide a sufficient differential between