# Southern Cross Acquisition I Corp. — spac/ipo [completed]
Source: SEC API (secapi.ai) · situation sit_32719da222b0f3849790 · retrieved 2026-08-11T16:15:05.701Z

## Overview
Southern Cross Acquisition I Corp. is a blank check company incorporated in the Cayman Islands 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, with significant ties to China and potential focus on opportunities in China, Hong Kong, and Macau.

Southern Cross Acquisition I Corp., a Cayman Islands blank check company, is conducting an initial public offering of 10,000,000 units at $10.00 per unit, generating gross proceeds of $100,000,000. Each unit consists of one ordinary share, one redeemable warrant (exercisable at $11.50 per share), and one right to receive one-fourth of one ordinary share. The company was formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities, with a focus on opportunities in China, Hong Kong, and Macau. The underwriter, D. Boral Capital LLC, has been granted a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments. The company has 12 months from the closing of this offering to consummate its initial business combination.

## Terms
- Deal value: $100.0M · Consideration: cash · Price/share: $10

## Key dates
- Expected close 2026-07-22 · Completed 2026-07-21

## Timeline
- 2026-07-21 · 424B4 (0001929980-26-000373): 424B4 - Southern Cross Acquisition I Corp. — *Southern Cross Acquisition I Corp. is a blank check company incorporated in the Cayman Islands 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, with significant ties to China and potential focus on opportunities in China, Hong Kong, and Macau.* Southern Cross Acquisition I Corp., a Cayman Islands blank check company, is conducting an initial public offering of 10,000,000 units at $10.00 per unit, generating gross proceeds of $100,000,000. Each unit consists of one ordinary share, one redeemable warrant (exercisable at $11.50 per share), and one right to receive one-fourth of one ordinary share. The company was formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities, with a focus on opportunities in China, Hong Kong, and Macau. The underwriter, D. Boral Capital LLC, has been granted a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments. The company has 12 months from the closing of this offering to consummate its initial business combination.
  https://www.sec.gov/Archives/edgar/data/2116230/0001929980-26-000373.txt

## Citations
- 0001929980-26-000373 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000192998026000373