Company: UAC
Filing Date: 2025-12-03
Form Type: S-1
Source: 0001493152-25-025837
Chunk: 280

Company: United Acquisition Corp. I
Filing Date: 2025-12-03
Form: S-1
Chunk 280
---
 share and per share data have been retrospectively         
 presented.                                                                                                                                |

<div align='center'>The accompanying notes are an integral part of these financial statements.</div>

| F-4 |

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

STATEMENT OF SHAREHOLDER’S EQUITY

FOR THE PERIOD FROM OCTOBER 22, 2025 (INCEPTION) THROUGH OCTOBER 31, 2025</div>

| Balance – October 22, 2025 (Inception) |     | Class             
 B Ordinary Shares 
 Shares(1)(2)      |         — |     | Amount |   — |     | Additional 
 Paid-in    
 Capital    |      — |     | Accumulated 
 Deficit     | —       |   |     | Total         
 Shareholder’s 
 (Deficit)     
 Equity        |       — |   |
|:---------------------------------------|:----|:------------------|----------:|:----|:-------|----:|:----|:-----------|-------:|:----|:------------|:--------|:--|:----|:--------------|--------:|:--|
| Issuance of Class B ordinary shares    |     |                   | 3,833,333 |     |        | 383 |     |            | 24,617 |     |             | —       |   |     |               |  25,000 |   |
| Net loss                               |     |                   |         — |     |        |   — |     |            |      — |     |             | (11,462 | ) |     |               | (11,462 | ) |
| Balance – October                      
 31, 2025                               |     |                   | 3,833,333 |     | $      | 383 |     | $          | 24,617 |     | $           | (11,462 | ) |     | $             |  13,538 |   |

| (1) | Includes                                                                                                                                  
 500,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter 
 (see Note 7).                                                                                                                             |
| (2) | On                                                                                                                                        
 November 26, 2025, the Company effected a share dividend of approximately 0.33 shares for each Class B ordinary share outstanding,        
 resulting in the Sponsor holding an aggregate of 3