Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant
- Symbol
- XTERU
- Exchange
- NASDAQ
- Classification
- UNIT
- Status
- Current
Current Report · Items 8.01, 9.01 · 8-K
Xterax Corp II
Other Events
Item 8.01 Other Events. On August 19, 2026, Karman Line Acquisition Corp. (the “ Company ”) completed (i) its initial public offering (the “ IPO ”) of 20,000,000 units (the “ Units ”), at an offering price of $10.00 per Unit and (ii) a private placement of 650,000 private placement units with FDB II and certain underwriters of the IPO at a price of $10.00 per unit (the “ Private Placement ”).…
Company context
We are a blank check company incorporated on August 4, 2025 under the name “Meteora Venture Partners Acquisition Corporation VI Ltd.” as a Cayman Islands exempted company, and re-named “Karman Line Acquisition Corp.” by special resolution, on October 9, 2025 with no material operations of our own and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
Current securities
Registered securities in this filing
KARMAN LINE ACQUISITION CORP. · 8-K · Filed 2026-08-25
Class A ordinary shares included as part of the units
- Symbol
- XTER
- Exchange
- NASDAQ
- Classification
- UNIT
- Status
- Current
Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
- Symbol
- XTERW
- Exchange
- NASDAQ
- Classification
- UNIT
- Status
- Current
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events.
On
August 19, 2026, Karman Line Acquisition Corp. (the “ Company ”) completed
(i) its initial public offering (the “ IPO ”) of 20,000,000 units (the “ Units ”),
at an offering price of $10.00 per Unit and (ii) a private placement of 650,000 private placement units with FDB II and certain underwriters
of the IPO at a price of $10.00 per unit (the “ Private Placement ”).
The
net proceeds from the IPO, together with certain of the proceeds from the Private Placement, totaling $200,000,000 in the aggregate, were
placed in a trust account (the “Trust Account”) with Continental Stock Transfer
& Trust Company established for the benefit of the Company’s public shareholders and the underwriter of the IPO. Except for
the withdrawal of interest earned on the amounts in the Trust Account to fund the Company’s taxes, or upon the redemption by public
shareholders of Class A ordinary shares in connection with certain amendments to the Company’s amended and restated memorandum and
articles of association, none of the funds held in the Trust Account will be released until the completion of the Company’s initial
business combination or the redemption by the Company of 100% of the outstanding Class A ordinary shares issued by the Company in the
IPO if the Company does not consummate an initial business combination within 21 months after the closing of the IPO.
An audited balance sheet as of August 19, 2026, reflecting receipt
of the proceeds upon consummation of the IPO and Private Placement has been issued by the Company and is included as Exhibit 99.1 to this
Current Report on Form 8-K.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Audited Balance Sheet as of August 19, 2026
104 Cover Page Interactive
Data File (embedded within the Inline XBRL document)
Filed exhibits (1)
EX-99.1 2 karmanlineacq_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Karman Line Acquisition Corp. INDEX TO FINANCIAL STATEMENT Page Audited Financial Statement of Karman Line Acquisition Corp.: Report of Independent Registered Public Accounting Firm F-2 Balance Sheet as of August 19, 2026 F-3 Notes to Financial Statement F-4 F-1 Report of Independent Registered Public Accounting Firm To the Board of Directors and Shareholders of Karman Line Acquisition Corp.: Opinion on the Financial Statements We have audited the accompanying balance sheet of Karman Line, Acquisition Corp. (the “Company”) as of August 19, 2026, and the related notes (collectively referred to as the “financial statement”). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of August 19, 2026, in conformity with accounting principles generally accepted in the United States of America. Basis for Opinion This financial statement is the responsibility of the Company’s management. Our r…
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