XSLL (XSLL)

Key Insights

• Xsolla SPAC 1 completed its IPO, raising $200 million by selling 20 million units at $10 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant.
• The company also completed a private placement of 400,000 units to its sponsor, Xsolla SPAC I LLC, at $10 per unit, generating $4 million in additional proceeds.
• The underwriter partially exercised the over-allotment option, resulting in the issuance of an additional 419,385 units, which generated $4.2 million in gross proceeds. The total amount held in the trust account is now $204.2 million.