- Investcorp AI Acquisition Corp. (SPAC) entered into a Purchase Agreement on **August 28, 2025**, with Samara Special Opportunities (Acquirer) and ICE I Holdings Pte. Ltd. (Sponsor).  **[1852889_0001829126-25-006865_investcorpalacq_ex10-1.htm:0]** **[1852889_0001829126-25-006865_investcorpalacq_8k.htm:1]** 
- Under the agreement, the Sponsor sold **4,528,124 Class A shares**, **1 Class B share**, and **11,261,250 private placement warrants** to the Acquirer for an aggregate purchase price of **$1.00**.  **[1852889_0001829126-25-006865_investcorpalacq_ex10-1.htm:0]** **[1852889_0001829126-25-006865_investcorpalacq_8k.htm:1]** 
- Effective **August 28, 2025**, Nikhil Kalghatgi and Dean Clinton resigned as officers and directors, with **Vikas Mittal** appointed Principal Executive Officer and **James DeAngelis** appointed Principal Financial Officer and both joining the board.  **[1852889_0001829126-25-006865_investcorpalacq_8k.htm:1]** **[1852889_0001829126-25-006865_investcorpalacq_8k.htm:2]** **[1852889_0001829126-25-006865_investcorpalacq_8k.htm:3]** 
- The transaction aims to increase the likelihood of the SPAC completing a business combination by its **May 12, 2027** deadline, with the Acquirer now responsible for funding ongoing expenses.  **[1852889_0001829126-25-006865_investcorpalacq_ex10-1.htm:0]** **[1852889_0001829126-25-006865_investcorpalacq_ex10-1.htm:1]** 
- The company's securities are currently traded on **The OTC Markets – Pink Sheets** following its delisting from Nasdaq.  **[1852889_0001829126-25-006865_investcorpalacq_8k.htm:0]** **[1852889_0001829126-25-006865_investcorpalacq_ex10-1.htm:3]**

Investcorp AI Acquisition (IVCAF)