Ribbon Acquisition Corp. Files 8-K on Unit Structure
Ticker: RIBBR · Form: 8-K · Filed: Jan 23, 2025 · CIK: 2035016
| Field | Detail |
|---|---|
| Company | Ribbon Acquisition Corp. (RIBBR) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $10.00, $50,000,000, $2,200,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, corporate-structure, special-purpose-acquisition-company
Related Tickers: RIBB
TL;DR
Ribbon Acquisition Corp. 8-K details unit structure: ordinary shares + rights.
AI Summary
Ribbon Acquisition Corp. filed an 8-K on January 23, 2025, reporting events as of January 16, 2025. The filing pertains to their "blank checks" business, specifically detailing units consisting of ordinary shares and rights. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31.
Why It Matters
This filing clarifies the composition of Ribbon Acquisition Corp.'s units, which is crucial for investors to understand the underlying securities and their rights.
Risk Assessment
Risk Level: low — The filing is a routine disclosure about the company's structure and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Ribbon Acquisition Corp. (company) — Registrant
- Cayman Islands (jurisdiction) — Place of incorporation
- January 16, 2025 (date) — Earliest event date
- January 23, 2025 (date) — Filing date
FAQ
What is the par value of Ribbon Acquisition Corp.'s ordinary shares?
The par value of Ribbon Acquisition Corp.'s ordinary shares is $0.0001 per share.
What does each unit of Ribbon Acquisition Corp. consist of?
Each unit consists of one Class Ordinary Share with a par value of $0.0001 per share and one Right.
What is the entitlement of each Right issued by Ribbon Acquisition Corp.?
Each Right entitles the holder to receive one-seventh (1/7) of one Class Ordinary Share.
What is Ribbon Acquisition Corp.'s Standard Industrial Classification (SIC) code?
Ribbon Acquisition Corp.'s SIC code is 6770, which corresponds to 'Blank Checks'.
When is Ribbon Acquisition Corp.'s fiscal year end?
Ribbon Acquisition Corp.'s fiscal year ends on December 31.
Filing Stats: 633 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2025-01-23 16:36:24
Key Financial Figures
- $0.0001 — nsisting of one Class A Ordinary Share, $0.0001 par value per share, and one Right RI
- $10.00 — Units were sold at an offering price of $10.00 per Public Unit, generating gross proce
- $50,000,000 — blic Unit, generating gross proceeds of $50,000,000. Simultaneously with the closing of t
- $2,200,000 — nit, generating total gross proceeds of $2,200,000. A total of $50,000,000 of the net pro
Filing Documents
- ea0228494-8k_ribbon.htm (8-K) — 34KB
- ea022849401ex99-1_ribbon.htm (EX-99.1) — 91KB
- 0001213900-25-005999.txt ( ) — 371KB
- ribbu-20250116.xsd (EX-101.SCH) — 4KB
- ribbu-20250116_def.xml (EX-101.DEF) — 27KB
- ribbu-20250116_lab.xml (EX-101.LAB) — 37KB
- ribbu-20250116_pre.xml (EX-101.PRE) — 25KB
- ea0228494-8k_ribbon_htm.xml (XML) — 7KB
SIGNATURES
SIGNATURES 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. Dated: January 23, 2025 Ribbon Acquisition Corp By: /s/ Angshuman (Bubai) Ghosh Name: Angshuman (Bubai) Ghosh Title: Chief Executive Officer 2