Company: UAC
Filing Date: 2025-12-03
Form Type: S-1
Source: 0001493152-25-025837
Chunk: 293

Company: United Acquisition Corp. I
Filing Date: 2025-12-03
Form: S-1
Chunk 293
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 the then-prevailing share price and the exercise price so that if the share price declines as a result of the redemption call, the redemption will not cause the share price to drop below the exercise price of the warrants. If the Company calls the warrants for redemption as described above, the management will have the option to require all holders that wish to exercise warrants to do so on a “cashless basis.” In making such determination, management will consider, among other factors, our cash position, the number of warrants that are outstanding and the dilutive effect on our shareholders of issuing the maximum number of warrant shares issuable upon exercise of outstanding warrants. In such event, the holder would pay the exercise price by surrendering the warrants for that number of Class A ordinary shares equal to the quotient obtained by dividing (x) the product of the number of warrant shares underlying the warrants to be so exercised, and the difference between the exercise price of the warrants and the fair market value by (y) the fair market value.

No fractional Class A ordinary share will be issued upon redemption. If, upon redemption, a holder would be entitled to receive a fractional interest in a share, the Company will round down to the nearest whole number of the number of Class A ordinary shares to be issued to the holder.

4. PRIVATE SECURITIES

The Sponsor has committed, pursuant to a written agreement, to purchase an aggregate of 2,333,333 Private Placement Warrants (or 2,383,333 Private Placement Warrants if the over-allotment is exercised in full), at a price of $0.75 per Private Placement Warrant ($1,750,000 in the aggregate or $1,787,500 if the over-allotment is exercised in full) and an aggregate of 175,000 Private Placement Unit (or 178,750 Private Placement Shares if the over-allotment is exercised in full), at a price of $10.00 per Private Placement Unit ($1,750,000 in the aggregate or $1,787,500 if the over-allotment is exercised in full) in a private placement that will close simultaneously with the Proposed Offering. The underwriter has committed to purchase an aggregate 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