GalaxyEdge Acquisition Corp 8-K

What Happened
GalaxyEdge Acquisition Corp announced on March 10, 2026 that the underwriters of its initial public offering exercised in full their over‑allotment option. The underwriters purchased 1,500,000 additional Units at $10.00 per Unit, producing $15,000,000 in additional gross proceeds and raising the IPO total to 11,500,000 Units and $115,000,000 in aggregate gross proceeds. A press release announcing the exercise is filed as Exhibit 99.1 to the Form 8‑K.

Key Details

• Date of exercise: March 10, 2026.
• Additional Units purchased: 1,500,000 at $10.00 per Unit → $15,000,000 additional gross proceeds.
• Total Units sold in IPO after exercise: 11,500,000 Units; aggregate gross proceeds: $115,000,000.
• The over‑allotment option was exercised in full by the IPO underwriters.

Why It Matters
This filing confirms the IPO's final size increased by $15 million due to the underwriters' exercise, boosting the company’s reported gross offering proceeds to $115 million. For investors, the change affects the number of Units outstanding from the offering and the total capital raised in the IPO—information important for assessing the company's post‑IPO cash position and potential capital available for its planned business activities or mergers. The company also filed a press release (Exhibit 99.1) announcing the over‑allotment exercise.