This is a routine SPAC IPO — no operating business yet. Monitor for business combination target announcements within the 24-month completion window. The $10/share trust value provides a floor for public shareholders who can redeem at that level upon a deal vote. The warrants and founder shares create potential dilution upon exercise/conversion.
Price Chart
Executive Summary
Snow Rothschild Acquisition Corp. filed an 8-K announcing the execution of its underwriting agreement for a $200 million initial public offering of 20,000,000 units at $10.00 per unit, along with related agreements (warrant agreement, trust agreement, registration rights agreement) and amendments to its memorandum and articles of association. The SPAC will have 24 months to complete a business combination. Proceeds, excluding deferred underwriting fees, will be deposited into a trust account.
Key Financial Metrics
Key Facts
- 20,000,000 units offered at $10.00 per unit, with an over-allotment option of up to 3,000,000 additional units
- Each unit consists of 1 Class A ordinary share ($0.0001 par value) and 1/2 redeemable warrant (whole warrant exercisable at $11.50 per share)
- Gross proceeds of $200,000,000; $199,750,000 deposited into trust account (net of $0.0125 per unit upfront commission) plus $2,250,000 from private placement warrants
- Deferred underwriting discount of $0.30 per unit ($6,000,000 aggregate) payable from trust upon consummation of a business combination
- Sponsor purchased 2,250,000 private placement warrants at $1.00 per warrant ($2,250,000 total)
- Founder shares: 5,750,000 Class B shares (up to 750,000 subject to forfeiture if over-allotment not exercised)
- Completion Window: 24 months (extendable to 27 months if definitive agreement executed within 24 months)
- Amended and restated memorandum and articles of association adopted via special resolution on June 8, 2026
Financial Impact
$200M gross IPO proceeds with $199.75M into trust; private placement adds $2.25M; deferred underwriting of $6M payable upon business combination
Risk Factors
- No identified acquisition target — business combination may not occur within 24-month window
- If no deal, trust proceeds are returned to public shareholders and company liquidates
- Dilution from warrants (up to 11.5M Class A shares if all warrants exercised) and founder shares (5.75M Class B converting to Class A)
- Warrant exercise price of $11.50 per share represents significant premium over trust value
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-068326 |
| Document: ea029439001ex1-1.htm | 0001213900-26-068326 |
| Document: ea029439001ex4-1.htm | 0001213900-26-068326 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 16, 2026 18w ago | 8-K | — | awaiting T+20 | — | — |
Jun 12, 2026 19w ago | 8-K | — | awaiting T+20 | — | — |
Jun 9, 2026 19w ago | 424B4 | — | awaiting T+20 | — | — |
Jun 9, 2026 20w ago | EFFECT | — | awaiting T+20 | — | — |
Jun 8, 2026 20w ago | 3 | — | awaiting T+20 | — | — |
Jun 8, 2026 20w ago | 3 | — | awaiting T+20 | — | — |
Jun 8, 2026 20w ago | 3 | — | awaiting T+20 | — | — |
Jun 8, 2026 20w ago | Press Release | — | awaiting T+20 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers