Globa Terra Acquisition Corp. Files 8-K on Units, Shares, Warrants, Rights
Ticker: GTERU · Form: 8-K · Filed: Jul 24, 2025 · CIK: 2043766
| Field | Detail |
|---|---|
| Company | Globa Terra Acquisition Corp (GTERU) |
| Form Type | 8-K |
| Filed Date | Jul 24, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, securities-disclosure, units
TL;DR
Globa Terra Acquisition Corp. 8-K details unit components: Class A shares, $11.50 exercise price warrants, and fractional rights.
AI Summary
Globa Terra Acquisition Corp. filed an 8-K on July 24, 2025, reporting on its Class A Ordinary Shares, Warrants, and Rights. These securities are included as part of units offered by the company. Each right entitles the holder to receive one-tenth of one Class A Ordinary Share, and each whole warrant is exercisable for one Class A Ordinary Share at an exercise price of $11.50.
Why It Matters
This filing provides crucial details about the components of Globa Terra Acquisition Corp.'s units, including the terms of its warrants and rights, which are important for investors to understand their potential value and exercise conditions.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of security components and terms, not indicating any immediate financial distress or significant operational change.
Key Numbers
- 1/10 — Right Entitlement (Each right entitles the holder to receive one-tenth of one Class A Ordinary Share.)
- $11.50 — Warrant Exercise Price (Each whole warrant is exercisable for one Class A Ordinary Share at an exercise price of $11.50.)
Key Players & Entities
- Globa Terra Acquisition Corporation (company) — Registrant
- Class A Ordinary Shares (company) — Security component
- Warrants (company) — Security component
- Rights (company) — Security component
- $11.50 (dollar_amount) — Warrant exercise price
FAQ
What is the exercise price for the warrants included in Globa Terra Acquisition Corp.'s units?
The exercise price for each whole warrant is $11.50.
What does each right entitle the holder to receive?
Each right entitles the holder to receive one-tenth of one Class A Ordinary Share.
What type of shares are included as part of the units?
Class A Ordinary Shares are included as part of the units.
What is the filing date of this 8-K report?
The report was filed on July 24, 2025.
What is the SIC code for Globa Terra Acquisition Corp.?
The Standard Industrial Classification (SIC) code is 6770, which corresponds to BLANK CHECKS.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on July 24, 2025 regarding Globa Terra Acquisition Corp (GTERU).