Xsolla SPAC 1 8-K

What Happened

• On March 17, 2026, Xsolla SPAC 1 announced that, effective March 18, 2026, holders of the Company’s units may elect to separate the Units so the underlying Class A ordinary shares and warrants can trade separately on Nasdaq. Each Unit consists of one Class A ordinary share and one-half of one redeemable warrant.

Key Details

• Each whole warrant entitles the holder to purchase one Class A ordinary share at $11.50 per share (subject to adjustment).
• No fractional warrants will be issued; only whole warrants will trade after separation.
• Units that remain unseparated will continue trading under the ticker “XSLLU”; separated Class A shares and warrants will trade under “XSLL” and “XSLLW,” respectively.
• Holders must have their brokers contact Odyssey Transfer & Trust Company (the transfer agent) to separate Units.

Why It Matters

• This change gives investors the choice to hold or trade the underlying shares and warrants separately, which can increase flexibility for trading strategies and liquidity for the individual securities.
• Price, trading volume, and volatility for XSLL and XSLLW may differ from the Unit (XSLLU) once trading separates; investors should consult their brokers if they wish to separate Units.