ClearThink 1 Acquisition Corp. Completes $125 Million Initial Public Offering

ClearThink 1 Acquisition Corp. (NASDAQ: CTAAU) has closed its initial public offering, raising approximately $125 million in gross proceeds. The company sold 12,500,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon completion of an initial business combination. The units began trading on the Nasdaq Global Market on February 24, 2026, under the symbol "CTAAU," with the Class A ordinary shares and share rights expected to trade separately under "CTAA" and "CTAAR," respectively.

On February 27, 2026, the company closed on a partial over-allotment of 15,000 units, bringing total gross proceeds from the offering to approximately $125 million. D. Boral Capital LLC acted as sole bookrunner for the offering. This capital raise provides ClearThink 1 Acquisition Corp. with significant resources to execute its stated business purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The company's focus on the financial services sector in the United States and other developed countries positions it to capitalize on opportunities in a critical economic segment. The successful offering demonstrates investor confidence in the company's strategy and management team's ability to identify and complete a value-creating business combination. The structure of the offering, with units containing both shares and rights, provides investors with additional potential upside upon completion of an initial business combination.

The timing of this offering comes as special purpose acquisition companies continue to play a significant role in capital markets, providing companies with an alternative path to public markets. ClearThink 1 Acquisition Corp.'s successful $125 million raise places it among the notable SPAC offerings, with the capital intended to facilitate a future business combination that could bring a private financial services company to the public markets. The company's registration statement relating to these securities was declared effective by the Securities and Exchange Commission on February 21, 2026.

InvestorWire, the specialized communications platform that distributed this announcement, provides advanced wire-grade press release syndication as part of the Dynamic Brand Portfolio at IBN. The platform offers article and editorial syndication to more than 5,000 outlets, enhanced press release services, social media distribution, and tailored corporate communications solutions. For more information about InvestorWire's services, visit https://www.InvestorWire.com. ClearThink 1 Acquisition Corp. maintains additional information about its operations and strategy at https://clearthinkspacs.com/.