0001493152-26-006354
SEC filingClearThink 1 Acquisition Corp is a blank check company formed under Cayman Islands law to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company has no current operations and was incorporated on September 11, 2025, with sponsor ClearThink 1 Sponsor LLC purchasing 5,750,000 Class B ordinary shares (Founder Shares) for $25,000 on October 14, 2025. It is pursuing an initial public offering of 15,000,000 units at $10.00 per unit, each consisting of one Class A ordinary share and one right to receive one-tenth of one Class A ordinary share, with gross proceeds of approximately $150 million to be deposited into a trust account at $10.00 per public share. An over-allotment option allows purchase of up to 2,250,000 additional units. Simultaneously, the sponsor will purchase 350,000 private units at $10.00 each in a private placement. Approximately $1,930,000 of net proceeds will fund working capital, with trust funds disbursable only upon business combination consummation, shareholder redemption, or company liquidation if no combination is completed within 24 months (extendable up to 21 additional months). The company targets businesses with fair market value of at least 80% of trust assets, determined by the board or independent valuation. D. Boral Capital LLC acts as sole underwriter, with public securities to list on Nasdaq. The IPO provides capital for identifying and acquiring a target while offering public shareholders redemption rights and trust protections.