Siddhi Acquisition Corp Files for IPO
Ticker: SDHIR · Form: S-1 · Filed: Mar 7, 2025 · CIK: 2034037
Sentiment: neutral
Topics: spac, ipo, registration-statement
TL;DR
SPAC Siddhi Acquisition Corp just filed for IPO, aiming to raise cash for a deal.
AI Summary
Siddhi Acquisition Corp, a Cayman Islands-based blank check company, filed an S-1 registration statement on March 7, 2025. The company, incorporated in the Cayman Islands with its principal executive offices at 100 Wall Street, New York, NY, is seeking to raise capital through an initial public offering. The filing indicates a focus within the Real Estate & Construction sector, though specific financial targets are not detailed in this initial document.
Why It Matters
This S-1 filing marks the initial public step for Siddhi Acquisition Corp, a special purpose acquisition company (SPAC), signaling its intent to raise funds and pursue a business combination.
Risk Assessment
Risk Level: medium — As a blank check company, Siddhi Acquisition Corp's success is contingent on finding and completing a suitable acquisition, which carries inherent risks.
Key Numbers
- 333-285648 — SEC File Number (Identifies this specific registration statement with the SEC.)
- 25720657 — Film Number (Internal SEC processing number for the filing.)
Key Players & Entities
- Siddhi Acquisition Corp (company) — Registrant
- Cayman Islands (company) — Jurisdiction of Incorporation
- March 7, 2025 (date) — Filing Date
- 100 Wall Street, 20th Floor, New York, NY 10005 (location) — Principal Executive Offices
- 6770 (other) — Standard Industrial Classification Code
FAQ
What is the primary business objective of Siddhi Acquisition Corp?
Siddhi Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, as indicated by its SIC code for 'BLANK CHECKS'.
When was this S-1 registration statement filed?
The S-1 registration statement was filed with the U.S. Securities and Exchange Commission on March 7, 2025.
Where are Siddhi Acquisition Corp's principal executive offices located?
The company's principal executive offices are located at 100 Wall Street, 20th Floor, New York, NY 10005.
What is the Standard Industrial Classification (SIC) code for Siddhi Acquisition Corp?
The SIC code listed for Siddhi Acquisition Corp is 6770, which corresponds to 'BLANK CHECKS'.
In which jurisdiction was Siddhi Acquisition Corp incorporated?
Siddhi Acquisition Corp was incorporated in the Cayman Islands.
Filing Details
This Form S-1 (Form S-1) was filed with the SEC on March 7, 2025 regarding Siddhi Acquisition Corp (Cayman Islands) (SDHIR).