Siddhi Acquisition Corp (Cayman Islands)

Siddhi Acquisition Corp is a Cayman Islands-incorporated blank check company formed to complete a merger, share exchange, asset acquisition, or similar business combination with one or more operating businesses. As a special purpose acquisition company, it holds capital in trust while it searches for a target and, if successful, combines with that business to take it public.

6.01

6.01

— Siddhi Acquisition Corp (Cayman Islands)
%
SPAC formation and capital raising0% Public listing and unit issuance used to raise cash for a future acquisition.
Trust account investment income100% Interest earned on U.S. Treasury Bills held in the trust account.
Business combination transaction execution0% Structuring and completing a merger or similar acquisition with a target company.

The company does not sell products or services to end customers in the ordinary course...

  • Public market investorsprimary

    Buy units and shares for exposure to a future acquisition transaction and redemption rights.

  • Sponsor and private placement investorsprimary

    Provide capital through founder shares and private placement units to support the SPAC structure.

  • Target operating businessesprimary

    Potential merger partners that receive cash and public listing access through a business combination.

  • Transaction service providerssecondary

    Underwriters, legal, accounting, and administrative providers that support the SPAC process.

Siddhi Acquisition Corp is incorporated in the Cayman Islands but operates as a U.S.-listed acquisition vehicle...

  • •Cayman Islands incorporation
  • •U.S.-listed SPAC structure
  • •Trust assets invested in U.S. Treasury Bills
  • •Sponsor and service arrangements tied to U.S. counterparties

The company’s core strategy is to identify and complete an initial business combination with one or more operating...

01
Source and evaluate a target companyshort-term

The SPAC has no operating business until it closes a transaction.

02
Complete the initial business combinationshort-term

Closing a transaction is the central value-creation event for the structure.

03
Structure post-close financingmedium-term

The acquired business may need additional capital beyond trust proceeds.

The company’s main risk is that it may not complete a business combination, which would limit the SPAC’s ability to...

critical

Failure to complete a business combination

The company exists to acquire a target; without a closing, it has no operating business.

Scope
Entire business model
Materiality
high
high

Redemptions reduce transaction capital

Public shareholders may redeem shares, lowering cash available for the target.

Scope
Trust-account proceeds
Materiality
high
high

Transaction and diligence costs

Legal, advisory, and administrative expenses are incurred before any operating revenue exists.

Scope
Pre-combination period
Materiality
medium
medium

Regulatory and listing compliance risk

SPACs must satisfy SEC, exchange, and disclosure requirements throughout the process.

Scope
Public company obligations
Materiality
medium
Redeemable ordinary shares
Affects temporary equity and net loss per share
Trust-account investments
Affects non-operating income and available transaction funding
Deferred underwriting fees and offering costs
Affects cash, equity, and transaction accounting
Fair value estimates
Affects reported equity and comparability

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: 29/04/2026