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Karman Line Acquisition (XTERU)

Price chart

N/A
Return from IPO

Last SPACs News

IPO Profile

About company

(Incorporated in the Cayman Islands)We are a newly incorporated blank check company backed by Meteora Capital. They intend to focus on sectors aligned with airborne and space platforms and remote sensors, defense technology, mobile communications, broadband connectivity, radar, electronic weapons and countermeasures, the Internet of Things (IoT) and AI, as well as Big Data analytics. Their search for an acquisition target will include hardware manufacturers and software companies as well as companies that provide analytics and other space-related services.CEO Richard Davis is the founder and managing member of ArgoSat. CFO Vikas Mittal is the managing member and  CIO of Meteora Capital.(Note: Karman Line Acquisition Corp. priced its SPAC IPO in sync with the terms in the prospectus – 20 million units at $10.00 each – to raise $200 million on Monday night, Aug. 17, 2026. Each unit consists of one share of common stock and one-half of a warrant to buy one share. Background: Karman Line Acquisition Corp. filed an S-1/A on Aug. 11, 2026, and changed the composition of its warrant to one-half of a warrant to buy one share – an increase from its original terms of one-third of a warrant to buy one share. The unit still included one share of common stock. The deal’s size remained the same. Background: Karman Line Acquisition Corp. filed its S-1 for its SPAC IPO on July 27, 2026, and disclosed the terms – 20 million units at $10.00 each – to raise $200 million. Each unit originally consisted of one share and one-third of a warrant to buy one share.)
Industry
Blank Checks
CEO CFO
-
Employees Founded
0 2025

Contacts

Address: 1200 N. Federal Hwy, Suite 200 Boca Raton, Fl 33432

Telephone: (212) 207-0090

Web page:

IPO information

First Trade Date 8/18/2026
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
-
Share prices ($)

Shares & Volumes

Shares Initial (MM) 20
Shares Revised (MM) -
Expected offer amount (MM) $200
Realized offer amount(MM) $0

Financial Data (last reporting year)

Market Cap (MM) $273.17
Revenues (MM) $0.0
Net Income (Loss) (MM) $0.0

Voting

What do you think will happen with the XTERU share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

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Underwriters
Cohen & Company Capital Markets
CO-Managers