United Acquisition I Corp (NYSE American: UAC) is a blank check special purpose acquisition company incorporated on October 22, 2025, as a Cayman Islands exempted company, formed for the sole purpose of completing a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company has no operations and generates no operating revenue. Its IPO units, Class A ordinary shares, and public warrants trade on NYSE American under symbols UACU, UAC, and UACW, respectively, with public trading commencing January 29, 2026. Gross IPO proceeds included $100 million from the base offering plus $1,823,000 from partial exercise of the underwriters' over-allotment option on February 12, 2026. Paul Packer, founder of Florida-based Globis Capital Advisors, serves as Chairman, Chief Executive Officer, and Chief Financial Officer, and controls the sponsor entity, United Acquisition SPAC LLC, which held 97.1% of Class B ordinary shares as of the filing date. No target industry or acquisition candidate had been identified as of the 10-K filed March 30, 2026.

Revenue model

No operating revenue. The company holds IPO proceeds in a trust account pending completion of an initial business combination. Underwriters received a cash underwriting discount of $1,500,000 (1.50% of gross IPO proceeds) at closing, plus $27,345 on the partial over-allotment exercise. A deferred underwriting discount of 3.50% of gross IPO proceeds ($3,500,000 base, plus $63,805 on additional units) is payable from the trust account only upon completion of the initial business combination.

Products and services

Public units (UACU), Class A ordinary shares (UAC), and public warrants (UACW) listed on NYSE American. Private placement units and warrants issued to the sponsor and underwriters Lucid Capital Markets, LLC and Chardan Capital Markets, LLC. No products, brands, or operating services exist as of the 10-K filed March 30, 2026.

Customers and end markets

Public shareholders who purchased units in the January 2026 IPO. As of March 25, 2026, there were four holders of record of units, one holder of record of Class A ordinary shares, five holders of Class B ordinary shares, and two holders of record of warrants. MM Asset Management Inc. held 10.0% of Class A ordinary shares (7.6% of total outstanding ordinary shares) as of the filing.

Value-chain role

SPAC vehicle seeking an initial business combination target. Management, led by Paul Packer, is responsible for sourcing, evaluating, and executing an acquisition. The company may target businesses across any industry or sector, excluding other blank check companies.

Geographic exposure

Incorporated in the Cayman Islands. Management network described as extending to the United States and internationally. No operating geographic footprint as of the 10-K filed March 30, 2026.

Source: SEC 10-K, filed 2026-03-30

Industry: Blank Checks