OTG Acquisition Corp. I Files 8-K on Unit Structure

Ticker: OTGAW · Form: 8-K · Filed: Sep 19, 2025 · CIK: 2077010

Otg Acquisition Corp. I 8-K Filing Summary
FieldDetail
CompanyOtg Acquisition Corp. I (OTGAW)
Form Type8-K
Filed DateSep 19, 2025
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.0001, $11.50, $10.00, $230,000,000, $7,750,000
Sentimentneutral

Sentiment: neutral

Topics: spac, units, warrants

Related Tickers: OTGA

TL;DR

OTGA units are made of shares + half-warrants, exercisable at $11.50.

AI Summary

OTG Acquisition Corp. I filed an 8-K on September 19, 2025, reporting events as of September 15, 2025. The filing details the company's structure, including units consisting of ordinary shares and redeemable warrants, with warrants exercisable at $11.50.

Why It Matters

This filing clarifies the components of OTG Acquisition Corp. I's units, which include ordinary shares and redeemable warrants, providing investors with details on their rights and potential exercise terms.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of corporate structure and does not indicate any immediate financial distress or significant operational changes.

Key Numbers

  • 11.50 — Warrant Exercise Price (Price at which redeemable warrants can be exercised for ordinary shares.)

Key Players & Entities

  • OTG Acquisition Corp. I (company) — Registrant
  • September 15, 2025 (date) — Earliest event reported
  • September 19, 2025 (date) — Filing date
  • $11.50 (dollar_amount) — Warrant exercise price

FAQ

What are the components of OTG Acquisition Corp. I's units?

The units consist of one Class A ordinary share and one-half of one redeemable warrant.

What is the exercise price for the redeemable warrants?

Each whole warrant is exercisable for one Class A ordinary share at an exercise price of $11.50.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on September 15, 2025.

What is the filing date of this 8-K?

This 8-K was filed on September 19, 2025.

What is the par value of OTG Acquisition Corp. I's ordinary shares?

The par value of the Class A ordinary shares is $0.0001 per share.

Filing Stats: 745 words · 3 min read · ~2 pages · Grade level 11.6 · Accepted 2025-09-19 16:30:09

Key Financial Figures

  • $0.0001 — nsisting of one Class A ordinary share, $0.0001 par value per share, and one-half of on
  • $11.50 — ordinary share at an exercise price of $11.50 OTGAW The Nasdaq Stock Market LLC
  • $10.00 — tion. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to
  • $230,000,000 — rating gross proceeds to the Company of $230,000,000. Also as previously reported, on Sept
  • $7,750,000 — rating gross proceeds to the Company of $7,750,000, of which $2,000,000 has not yet been r
  • $2,000,000 — to the Company of $7,750,000, of which $2,000,000 has not yet been received and is accoun
  • $231,150,000 — he attached balance sheet. A total of $231,150,000 of the proceeds from the IPO and Privat

Filing Documents

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 15, 2025 OTG Acquisition Corp. I (Exact name of registrant as specified in its charter) Cayman Islands 001-42837 98-1868600 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 12003 Cielo Court Palm Beach Gardens , Florida 33418 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (917) 488-5629 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and one-half of one redeemable warrant OTGAU The Nasdaq Stock Market LLC Class A ordinary shares included as part of the units OTGA The Nasdaq Stock Market LLC 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 OTGAW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 8.01. Other Events. As previously reported, on September 15, 2025, OTG Acquisition Corp. I (the " Company ") consummated its initial public offering (" IPO ") of 23,000,000 units (the " Units "), including the issuance of 3,000,000 Units as a result of the underwriters' full exercise of their over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the " Ordinary Shares "), and one-half of one redeemable warrant of the Company (each whole warrant, a " Warrant "), with each Warrant entitling the holder thereof to purchase one Ordinary Share for $11.50 per share, subject to adjustment, beginning 30 days after the completion of the Company's initial business combination. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $230,000,000. Also as previously reported, on September 15, 2025, simultaneously with the closing of the IPO, the Company completed the private sales (the " Private Placements ") of an aggregate of 775,000 units (the " Private Placement Units ") to OTG Acquisition Sponsor LLC and the underwriters of the IPO at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds to the Company of $7,750,000, of which $2,000,000 has not yet been received and is accounted for as a share subscription receivable in the attached balance sheet. A total of $231,150,000 of the proceeds from the IPO and Private Placements was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An audited balance sheet as of September 15, 2025 reflecting receipt of the proceeds upon consummation of the IPO and the Private Placements 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 Exhibit No. Description 99.1 Audited Balance Sheet as of September 15, 2025 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OTG ACQUISITION CORP. I By: /s/ Scott Troeller Name: Scott Troeller Title: Chief Executive Officer Dated: September 19, 2025

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