Aussie Aussie Acquisition Corp Filed Primary

What the company does

Aussie Aussie Acquisition Corporation is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company has not selected any business combination target and has not initiated any substantive discussions with any target. Its efforts to identify a prospective target business will not be limited to a particular industry or geographic region. The sponsor is Waru Capital Holding Limited.

Use of proceeds

Of the proceeds from the offering and the sale of the private units, $100,000,000 ($10.00 per unit or 100.0% of the gross proceeds) will be deposited into a United States-based trust account maintained by Odyssey as trustee, held as cash or invested in U.S. government treasury obligations with a maturity of 185 days or less or in qualifying money market funds. The proceeds will not be released from the trust account until the earliest of the completion of an initial business combination, the redemption of public shares if no business combination is completed within the required time period, or redemption in connection with certain shareholder votes.

Underwriters

Extracted from S-1 0001829126-26-004097, filed Apr 29, 2026 and verified against that filing text.

Key risk factors

• Redemption rights may prevent optimal business combination

  “The ability of a large number of our shareholders to exercise redemption rights may not allow us to consummate the most desirable business combination or optimize our capital structure.”

• Immediate and substantial dilution to public shareholders

  “The purchase price for the initial shares payable by our initial shareholders was $25,000, or approximately $0.01 per share. Accordingly, you will experience immediate and substantial dilution from the purchase of our ordinary shares.”

• Limited protections compared to Rule 419 offerings

  “Investors will not be entitled to protections normally afforded to investors in Rule 419 blank check offerings.”

• Risk of failure to complete initial business combination

  “If we are unable to complete our initial business combination within the completion window, or by such earlier liquidation date as our board of directors may approve, the founder shares and private units will be worthless, except to the extent they receive liquidating distributions from assets outside the trust account, and our sponsor could lose the entire amount that they have invested in private units.”

• Potential conflicts of interest from sponsor activities

  “Our sponsor, along with its affiliates, our officers, and directors, currently participate, and may in the future participate, in the formation or sponsorship of other special purpose acquisition companies similar to ours, or engage in other business or investment ventures during our pursuit of an initial business combination.”

• Sponsor extensions not obligated

  “Our sponsor and its affiliates or designees are not obligated to fund the trust account to extend the time for us to complete our initial business combination.”

• Claims of creditors could trump public shareholders

  “The proceeds deposited in the trust account could become subject to the claims of our creditors, if any, which could have priority over the claims of our public shareholders.”