Eaglesky Acquisition Corp Filed Primary

What the company does

Eaglesky Acquisition Corp is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company has not selected any specific business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. It intends to focus its search initially on target businesses operating in the United States of America, and will not consider or undertake an initial business combination with any entity with its principal business operations in China (including Hong Kong and Macau).

Use of proceeds

We estimate that the net proceeds of this offering together with the funds we will receive from the sale of the private placement units will be used as set forth in the following table. Of the net proceeds, $100,250,000 (or $115,287,500 if the underwriters' over-allotment option is exercised in full) will be held in a trust account, and approximately $500,000 will not be held in the trust account. The proceeds not held in the trust account are intended for legal, accounting, due diligence, travel and other expenses in connection with any business combination, regulatory reporting obligations, NYSE continued listing fees, director and officer liability insurance premiums, and other miscellaneous expenses.

Underwriters

Extracted from S-1 0001185185-26-003340, filed Aug 10, 2026 and verified against that filing text.

Key risk factors

• China government oversight risk

  “Since certain directors and officers of us are have significant ties to China, the Chinese government may have potential oversight and discretion over the conduct of our directors' and officers' search for a target company.”

• Dilution from nominal founder share purchase

  “The nominal purchase price paid by our sponsor for the founder shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination.”

• Conflicts of interest with sponsor affiliates

  “There may be potential material conflicts of interest between the SPAC sponsor, its affiliates, or promoters and the purchasers in this offering.”