Company: SDHIU
Filing Date: 2025-04-03
Form Type: 8-K
Source: 0001213900-25-028614
Chunk: 2

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-04-03
Form: 8-K
Item: Item 8.01
Chunk 2
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Item 8.01. Other Events.

A total of $277,380,000,
comprised of the proceeds from the IPO and the sale of the Private Placement Units, was placed in a U. S.-based trust account maintained
by Continental Stock Transfer & Trust Company, acting as trustee. Except with respect to interest earned on the funds held in the
trust account (which interest shall be net of permitted withdrawals and less up to $100,000 of interest to pay dissolution expenses),
the funds held in the trust account will not be released from the trust account until the earliest of (i) the completion of the initial
business combination, (ii) the redemption of the public shares if the Company is unable to complete its initial business combination within
the completion window, subject to applicable law, or (iii) the redemption of the public shares properly submitted in connection with a
shareholder vote to amend the Company’s amended and restated memorandum and articles of association to (A) modify the substance
or timing of the Company’s obligation to allow redemption in connection with the Company’s initial business combination or
to redeem 100% of the Company’s public shares if the Company has not consummated an initial business combination within the completion
window or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination
activity.

On March 31, 2025, the Company
issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.