One Universe Acquisition Corp IPO - What You Need to Know

Hey there! Thinking about investing in One Universe Acquisition Corp's IPO? That's great you're doing your homework! This guide is based on their preliminary filing from December 15, 2025, so some details might change. Let's break down what this company is all about in simple terms, so you can decide if it's right for you. Think of this as a chat with a friend who's trying to explain something a bit complicated.

Oh, and one more thing to know upfront: One Universe Acquisition Corp is considered an "emerging growth company." This just means it's a relatively new public company, and because of that, it gets to follow slightly relaxed reporting rules for a little while. It's also classified as a "smaller reporting company" and a "non-accelerated filer," which are similar labels indicating its size and reporting requirements.

1. What does this company actually do? (in plain English)

Okay, so this is a bit different from your typical company that sells shoes or software. One Universe Acquisition Corp is what's called a SPAC (Special Purpose Acquisition Company), or sometimes a "blank check" company.

Here's the deal: They don't actually do anything yet, like sell products or offer services. Their entire purpose is to raise a bunch of money from investors (like you!) through this IPO. Once they have that money, their job is to go out and find a private company to buy. It's incorporated in the Cayman Islands and its main goal is to find a business to merge with. They're not limiting their search to any specific industry or part of the world, so they're casting a wide net. It's like they're a shell company with a big wallet, looking for a good business to merge with. Once they find and buy that private company, that private company then becomes a public company through One Universe Acquisition Corp.

So, you're essentially investing in a team of people who are going to go "shopping" for a business to bring to the public market.

2. How do they make money and are they growing?

Since they don't have a business yet, they don't make money in the traditional sense (like selling goods or services).

• How they "make money" (eventually): The idea is that once they successfully merge with a private company, that new, combined company will then start making money. If they pick a good company, and that company grows and becomes profitable, then the value of your shares should go up.
• Are they growing? Right now, their "growth" isn't about sales or profits. It's about successfully finding a promising private company to merge with, completing that deal, and hopefully, picking a winner that will grow in the future.

3. What will they do with the money from this IPO?

They're looking to raise $60,000,000 from this IPO. Almost all of that money will be put into a special bank account called a trust account. This money is held there safely until they find a company to buy.

• Main purpose: The vast majority of the money is for funding the future acquisition.
• Small portion: A small part might be used for operating expenses, like paying lawyers and bankers to help them find and complete a deal.

4. What are the main risks I should worry about?

Investing in a SPAC like this comes with some unique risks:

• They might not find a company: They have a limited time (usually 18-24 months) to find and complete a merger. If they don't, they have to give the money back to investors (though you might not get back exactly what you paid if you bought shares on the open market).
• They might pick a bad company: Even if they find a company, there's no guarantee it will be a successful business once it's public.
• Dilution: The people running the SPAC usually get a significant chunk of shares for a very low price. This means that when a deal happens, your shares might represent a smaller piece of the pie compared to what you might expect.
• Conflicts of interest: The management team might be incentivized to complete any deal, even if it's not the best one, just to make sure they get their shares.
• Market sentiment: SPACs can be trendy. If the overall market for SPACs cools down, it could affect the stock price even before they find a target.

5. How do they compare to competitors I might know?

This is a bit tricky because they don't have "competitors" in the traditional sense like Coke vs. Pepsi.

• Other SPACs: Their "competitors" are actually other SPACs out there, all looking for good private companies to buy. There are many SPACs, and they're all trying to find the best deals.
• Traditional IPOs: The alternative for a private company wanting to go public is a traditional IPO (like when Airbnb or DoorDash went public). In that case, you're investing directly in an operating business, not a "blank check" company.

6. Who's running the company?

The team behind a SPAC is super important because you're essentially trusting them to find a good company. You'd normally want to look at their backgrounds:

• Experience: Do they have a track record of successfully running businesses, finding good investments, or completing mergers?
• Industry focus: Sometimes SPACs say they'll focus on a particular industry (like tech or healthcare). Does the team have expertise in that area?

Important Note: The company's preliminary filing didn't provide specific names or detailed backgrounds for the management team yet. This is a key piece of information for a SPAC, as you're investing in the team's ability to find a target. We do know their main offices are located in Hong Kong (Room 1603, 16th Floor, China Building, 29 Queen’s Road Central, Central, Hong Kong), which might give you a clue about their network or where they might focus their search for a company.

7. Where will it trade and under what symbol?

This is straightforward information, but it's not fully available yet:

• Exchange: The company expects to trade on a major stock exchange like the Nasdaq or New York Stock Exchange (NYSE). The specific exchange will be confirmed closer to the IPO date.
• Ticker Symbol: This is the short code you'll use to find it on your trading app. The company hasn't announced its specific ticker symbol yet.

8. How many shares and what price range?

This tells you how much money they're trying to raise and at what initial price:

They plan to offer 6,000,000 ordinary shares to the public, with an initial price of $10 per share. This means they're aiming to raise a total of $60,000,000 from this IPO. The underwriters (the banks helping them sell the shares, in this case, American Trust Investment Services, Inc.) also have an option to buy an additional 900,000 shares if there's high demand.

Hopefully, this helps you understand what you're looking at with One Universe Acquisition Corp! It's a different kind of investment, so make sure you're comfortable with the unique risks before diving in.