Company: UAC
Filing Date: 2025-12-03
Form Type: S-1
Source: 0001493152-25-025837
Chunk: 283

Company: United Acquisition Corp. I
Filing Date: 2025-12-03
Form: S-1
Chunk 283
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 of 100,000 Private Placement Units (or 115,000 Private Placement Units if the over-allotment is exercised in full) at a price of $10.00 per Private Placement Unit ($1,000,000 in the aggregate (or $1,150,000 if the over-allotment is exercised in full)) to the underwriter, in each case, in a private placement that will close simultaneously with the closing of this offering (see Notes 3 and 4). Each Private Placement Unit consists of one Class A ordinary share (the “Private Placement Shares”) and one-quarter of one warrant to purchase one share of our Class A ordinary shares. The Private Placement Units and Private Placement Warrants and any underlying securities are referred together as the “Private Securities”. These funds will be held in the Trust Account (discussed below).

The Trust Account

The funds in the Trust Account will be held in banks or other financial institutions and will be invested or held only in either (i) U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940 which invest only in direct U.S. government treasury obligations, (ii) as uninvested cash, or (iii) an interest bearing bank demand deposit account or other accounts at a bank. Funds will remain in the Trust Account until the earlier of (i) the completion of the Business Combination or (ii) the distribution of the Trust Account as described below. The Company is permitted to withdraw amounts from the trust account (i) to fund its working capital requirements, which amount will be the lesser of $500,000 or 5% of the interest earned on the trust account, and/or (ii) to pay its taxes (other than excise taxes, if any), provided that all permitted withdrawals can only be made (x) from interest and not from the principal held in the trust account and (y) only to the extent such interest is in amount sufficient to cover the permitted withdrawal amount (“permitted withdrawals”).

The Company will provide the holders of the public shares, or the “public shareholders,” with the opportunity to redeem all or a portion of their public shares upon the completion of the initial Business Combination at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account as of two business days prior to consummation of the initial Business Combination, including interest (which interest shall be net