SAGU · Shreya Acquisition Group

Shreya Acquisition Group, a blank check company, completed its initial public offering of 11,000,000 units at $10.00 per unit, including 1,000,000 units from partial exercise of the over-allotment option, generating $110 million in gross proceeds. Simultaneously, the sponsor purchased 191,750 private units at $10.00 per unit, raising an additional $1.9175 million. The total gross proceeds of $111.9175 million, net of underwriting fees and offering costs, were placed in a trust account. The company has 12 months from the IPO to identify and complete a business combination; failure to do so will result in liquidation and redemption of public shares. The audited balance sheet as of May 8, 2026, filed as Exhibit 99.1, reflects cash held in trust of $110 million, total assets of $110.85 million, and shareholders' equity of $197,965. The company has not yet commenced operations and has no specific target identified.