ClearThink 1 Acquisition (NASDAQ: CTAAU) announced the closing of its initial public offering of 12,500,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon completion of an initial business combination. The units began trading on the Nasdaq Global Market on Feb. 24, 2026, under the symbol “CTAAU,” with the Class A ordinary shares and share rights expected to trade separately under “CTAA” and “CTAAR,” respectively. On Feb. 27, 2026, the company closed on a partial over-allotment of 15,000 units, bringing total gross proceeds from the offering to approximately $125 million. D. Boral Capital LLC acted as sole bookrunner for the offering.
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About ClearThink 1 Acquisition Corp.
ClearThink 1 Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although the Company is not limited to a particular industry or geographic region for purposes of consummating an initial business combination, it intends to focus on the financial services sector in the United States and other developed countries.
To learn more, visit https://clearthinkspacs.com/
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