Gravity Acquisition Corp.

What the company does

Gravity Acquisition Corp. 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. Its efforts to identify a prospective target business will not be limited to a particular industry or geographic region, and it will pursue opportunities globally, including in North America, Europe, and Asia. The company has no operations of its own except organizational activities, the preparation of this offering and, following the closing, searching for a suitable target to consummate an initial business combination.

Use of proceeds

Upon consummation of the offering, $10.00 per unit sold to the public will be deposited into a United States-based trust account maintained by Continental Stock Transfer & Trust Company acting as trustee. Except as described in the prospectus, these funds will not be released to the company until the earlier of the completion of its initial business combination and its liquidation upon failure to consummate a business combination within the required time period.

Underwriters

Extracted from S-1/A 0001185185-26-004642, filed Oct 8, 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.”

• Limited business combination time period

  “We have 15 months from the closing of this offering to consummate our initial business combination (or up to 21 months from the closing of this offering if we extend the period of time to consummate a business combination, as described in more detail in this prospectus).”

• Investors not entitled to Rule 419 blank check protections

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

• CSRC filing requirements for China-based targets

  “If we decide to consummate our initial business combination with a target business based in and primarily operating in China, the target company and/or combined company will be required to go through the filing procedure to satisfy the filing requirements.”

• No VIE-structured business combinations

  “We will not conduct an initial business combination with any target company that conducts operations through variable interest entity ("VIE") arrangements, which are a series of contractual arrangements used to provide the economic benefits of foreign investment in China-based companies where Chinese law prohibits direct foreign investment in the operating companies.”

• PCAOB inspection risk for China-based targets

  “However, if we consummate a business combination with a China-based target, the combined company's auditor may be subject to PCAOB inspection restrictions, which could result in the prohibition of trading of our securities on U.S. national securities exchanges.”

• Cayman Islands blank check company structure

  “Our units offered in this prospectus include shares of a Cayman Islands blank check company instead of the shares of the operating entities with whom we may combine.”

• Conflicts of interest among founders

  “Each of our founders, including our sponsor, any affiliate of our sponsor, our directors or officers, may have interests that may be different from, in addition to or in conflict with yours.”