Company: UAC
Filing Date: 2025-12-03
Form Type: S-1
Source: 0001493152-25-025837
Chunk: 294

Company: United Acquisition Corp. I
Filing Date: 2025-12-03
Form: S-1
Chunk 294
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 full) in a private placement that will close simultaneous with the closing of Proposed Offering.

The
Private Placement Warrants are identical to the public warrants except that, so long as they are held by the Sponsor or the underwriter,
or their permitted transferees, as applicable, (i) the Private Placement Warrants may be exercised for cash or on a cashless basis, (ii)
the Private Placement Warrants and the Class A ordinary shares issuable upon exercise thereof may be subject to certain transfer restrictions
contained in the letter agreement among the Company, the Sponsor and other parties thereto, as amended from time to time, (iii) the Private
Placement Warrants will not be redeemable by the Company, and (iv) the holders of the Private Placement Warrants (including Class A ordinary
shares issuable upon exercise thereof) may be entitled to certain registration rights. With respect to any cashless exercise of the Private
Placement Warrants, the “fair market value” means, at the discretion of the holder, either (x) the average last reported
sale price of the public shares for the ten trading days ending on the third trading day prior to the date of exercise or (y) the last reported sale price of the public shares for the trading day
prior to the date of exercise.

A portion of the purchase price of the Private Placement Units and Private Placement Warrants will be added to the proceeds of Proposed Offering to be held in the Trust Account. If the initial business combination was not completed within 24 months from the closing of the Proposed Offering, the proceeds from the sale of the Private Placement Units and Private Placement Warrants held in the trust account will be used to fund the redemption of the public shares (subject to the requirements of applicable law).

5. RELATED PARTY TRANSACTIONS

Founder Shares

On October 24, 2025, the Sponsor purchased 2,875,000 Class B ordinary shares from the Company for an aggregate purchase price of $25,000, or $0.009 per share. 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 3,833,333 Founder Shares. All share and per share data have been retrospectively presented. Up to 500,000 founder shares remain subject to forfeiture depending on the extent to which the underwriter’s over-allotment option is exercised during the Proposed Offering. The forfeiture will be adjusted to