Charlton Aria Acquisition Corp. Files S-1/A Amendment
Ticker: CHARU · Form: S-1/A · Filed: Oct 7, 2024 · CIK: 2024459
| Field | Detail |
|---|---|
| Company | Charlton Aria Acquisition CORP (CHARU) |
| Form Type | S-1/A |
| Filed Date | Oct 7, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 17 min |
| Key Dollar Amounts | $75,000,000, $10.00, $0.0001, $100,000, $5,000,001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, ipo, filing-update
TL;DR
SPAC filing update from Charlton Aria Acquisition Corp. - IPO process continues.
AI Summary
Charlton Aria Acquisition Corp. filed an S-1/A amendment on October 7, 2024, for its initial public offering under registration number 333-282313. The company, incorporated in the Cayman Islands, is a blank check company focused on real estate and construction, with its principal executive offices located in Wilmington, Delaware.
Why It Matters
This filing indicates Charlton Aria Acquisition Corp. is moving forward with its public offering, which could lead to a new acquisition target in the real estate or construction sector becoming publicly traded.
Risk Assessment
Risk Level: medium — As a SPAC, the company's success is contingent on finding and completing a business combination, which carries inherent risks.
Key Numbers
- 333-282313 — Registration Number (SEC filing identifier for Charlton Aria Acquisition Corp.)
Key Players & Entities
- Charlton Aria Acquisition Corp. (company) — Registrant
- 333-282313 (dollar_amount) — SEC Registration Number
- October 7, 2024 (date) — Filing Date
- Cayman Islands (company) — Jurisdiction of Incorporation
- Robert W. Garner (person) — CEO and Chairman
FAQ
What is the primary business focus of Charlton Aria Acquisition Corp.?
Charlton Aria Acquisition Corp. is a blank check company with a primary standard industrial classification code of 6770, indicating a focus on Real Estate & Construction.
When was this amendment filed with the SEC?
This amendment (S-1/A) was filed with the SEC on October 7, 2024.
Where are Charlton Aria Acquisition Corp.'s principal executive offices located?
The principal executive offices are located at 221 W 9th St #848, Wilmington, DE 19801.
What is the company's jurisdiction of incorporation?
The company is incorporated in the Cayman Islands.
Who is the Chief Executive Officer and Chairman of Charlton Aria Acquisition Corp.?
Robert W. Garner serves as the Chief Executive Officer and Chairman.
Filing Stats: 4,351 words · 17 min read · ~15 pages · Grade level 14.8 · Accepted 2024-10-07 13:18:38
Key Financial Figures
- $75,000,000 — 00a0; October  7 , 2024 $75,000,000 CHARLTON ARIA ACQUISITION CORPORATION
- $10.00 — nit that we are offering has a price of $10.00 and consists of one Class A ordi
- $0.0001 — lass A ordinary share, par value $0.0001 per share, or “Class A or
- $100,000 — nterest (net of taxes payable and up to $100,000 of interest generated from the funds he
- $5,000,001 — cannot maintain net tangible assets of $5,000,001 upon such business combination, we may
- $2,400,000 — vate unit for a total purchase price of $2,400,000 (or $2,568,750, if the underwriters
- $2,568,750 — total purchase price of $2,400,000 (or $2,568,750, if the underwriters’ over -allo
- $2,421,754 — r a nominal aggregate purchase price of $2,421,754 for an aggregate of 1,905,000 shares an
- $123,572 — ponsor had loaned to us an aggregate of $123,572 to be used to pay formation and a porti
- $3,000,000 — t the lender’s discretion, up to $3,000,000 of the notes, or the “working ca
- $21,754 — Because of the nominal consideration of $21,754 the sponsor paid for the insider shares
- $25,000 — r shares (the initial purchase price of $25,000 for the issuance of the 2,156,250 insid
- $3,246 b — shares less the consideration price of $3,246 be received from directors and officers i
- $8.89 — um redemptions (4) Offering price of $8.89 included in the units (adjusted to excl
- $0.15 — x00a0;    Includes $0.15 per unit sold in the base offering, or
Filing Documents
- ea0208496-06.htm (S-1/A) — 3733KB
- ea020849606ex1-1_charlton.htm (EX-1.1) — 268KB
- 0001213900-24-085824.txt ( ) — 4002KB
Underwriting
Underwriting Discounts   and Commissions (1)   Proceeds, before Expenses, to us Per Unit   $ 10.00   $ 0.35   $ 9.65 Total   $ 75,000,000   $ 2,625,000   $ 72,375,000 ____________ (1)        Includes $0.15 per unit sold in the base offering, or $1,125,000 in the aggregate (or up to $1,293,750 if the over -allotment option is exercised in full), is payable upon the closing of this offering. Also includes $0.20 per unit sold in the base offering, or $1,500,000 in the aggregate, (or up to $1,725,000 if the over -allotment option is exercised in full) payable to the underwriters in this offering, for deferred underwriting commissions to be placed in a trust account located in the United States and released to the underwriters only upon the completion of an initial business combination. If no business combination is consummated, such deferred commissions will be forfeited by the underwriters. The underwriters will not be entitled to any interest accrued on the deferred commissions. The table does not include certain other fees and expenses payable (or securities issuable) to the underwriters in connection with this offering. In addition, we have agreed to issue to the representative of the underwriters or its designee an aggregate of 75,000 Class A ordinary shares (or up to 86,250 Class A ordinary shares if the