ClearThink 1 Acquisition completes $125 million IPO on Nasdaq

ClearThink 1 Acquisition Corp. (NASDAQ: CTAAU) completed its initial public offering of 12.5 million units at $10 per unit on February 25, 2026, according to a company statement. Each unit consists of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon completion of the company's initial business combination.

The units began trading on the Nasdaq Global Market under the ticker symbol "CTAAU" on February 24, 2026. The company's Class A ordinary shares and share rights are expected to trade separately under the symbols "CTAA" and "CTAAR" respectively once separate trading begins.

On February 27, 2026, ClearThink 1 Acquisition closed a partial exercise of its over-allotment option for 15,000 additional units at $10 per unit. The offering generated gross proceeds of approximately $125 million.

D. Boral Capital LLC served as sole bookrunner for the offering. Ruskin Moscou Faltischek, P.C. acted as U.S. counsel for the company, while Ogier LLP served as Cayman Islands counsel. Sichenzia Ross Ference Carmel LLP represented D. Boral Capital.

ClearThink 1 Acquisition Corp. is a blank check company formed to pursue a merger, acquisition, or similar business combination with one or more businesses. The company stated it intends to focus on the financial services sector in the United States and other developed countries.

The offering was conducted pursuant to an effective registration statement on Form S-1 filed with the Securities and Exchange Commission, which was declared effective on February 13, 2026.

You May Also Be Interested In

• Karman Line Acquisition prices $200M IPO on Nasdaq
• OLB Group narrows net loss 50% as revenue falls in Q2 2026
• AT&T closes sale of floating rate notes totaling $2.3B