Shreya Acquisition SAGU

Shreya Acquisition Group is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability. The company was formed to serve as a vehicle to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more target businesses. Its efforts to identify a prospective target business are not limited to a particular industry or geographic location.

Shreya Acquisition Group generates revenue through interest income on cash and cash equivalents held in the trust account following its initial public offering. The company does not generate operating revenues until after the completion of its initial business combination. Revenue is derived solely from interest income on funds held in trust prior to a business combination.

The company operates through the following segments:

• Founder Shares: This segment involves the issuance of founder shares to the initial shareholder, which included an aggregate of 2,957,143 initial shares issued on July 22, 2025, for an aggregate purchase price of $25,000. On February 25, 2026, a stock dividend increased the number of initial shares to 4,928,571, including up to 642,857 shares subject to forfeiture by the sponsor. As of March 31, 2026, there were 4,928,571 founder shares issued and outstanding, of which up to 214,286 founder shares are subject to forfeiture if the underwriters’ remaining over-allotment option is not exercised.
• Private Placement Units: This segment involves the private placement of 191,750 units to the sponsor at a price of $10.00 per unit, completed simultaneously with the IPO on May 8, 2026, generating gross proceeds of $1,917,500. The Private Placement Units consist of Class A ordinary shares included in the units sold to the sponsor. These units are distinct from the public units offered in the IPO.
• Public Units: This segment involves the initial public offering of 11,000,000 units, including 1,000,000 additional public units from the partial exercise of the underwriters’ over-allotment option, completed on May 8, 2026, at $10.00 per unit, generating gross proceeds of $110,000,000. The Public Shares are the Class A ordinary shares included in the Public Units offered in the IPO.

Shreya Acquisition Group operates as a blank check company in the blank check company or special purpose acquisition company (SPAC) industry. It competes with other blank check companies seeking to raise capital through IPOs to acquire target businesses. Its competitive advantages include the funds held in trust from its IPO and private placement, which provide capital to pursue a business combination, and the sponsorship and administrative support provided by its sponsor.

The company serves public shareholders who purchased units in its IPO and private placement investors who purchased private placement units. Its shareholders include the initial shareholder, the sponsor, public investors who purchased units in the IPO, and private placement investors. The company does not serve customers in the traditional sense, as it has not yet completed a business combination and generates no operating revenue.