- OTG Acquisition Corp. I (OTGA) consummated its initial public offering (IPO) on **September 15, 2025**, selling **23,000,000 units** at **$10.00 per unit**, which generated **$230,000,000** in gross proceeds, including the full exercise of the underwriters' over-allotment option.  **[2077010_0001493152-25-014265_form8-k.htm:1]** **[2077010_0001493152-25-014265_ex99-1.htm:3]** **[2077010_0001493152-25-014265_ex99-1.htm:10]** 
- Simultaneously with the IPO closing, the company completed private sales of **775,000 units** at **$10.00 per unit**, generating **$7,750,000** in gross proceeds, of which **$2,000,000** is accounted for as a share subscription receivable.  **[2077010_0001493152-25-014265_form8-k.htm:1]** **[2077010_0001493152-25-014265_ex99-1.htm:1]** **[2077010_0001493152-25-014265_ex99-1.htm:3]** 
- A total of **$231,150,000** from the IPO and Private Placements was placed in a U.S.-based trust account as of **September 15, 2025**.  **[2077010_0001493152-25-014265_form8-k.htm:1]** **[2077010_0001493152-25-014265_ex99-1.htm:1]** **[2077010_0001493152-25-014265_ex99-1.htm:3]** 
- As of **September 15, 2025**, there are **11,500,000 Public Warrants** and **387,500 Private Placement Warrants** outstanding, with each whole warrant entitling the holder to purchase one Class A ordinary share for **$11.50 per share**.  **[2077010_0001493152-25-014265_ex99-1.htm:10]** **[2077010_0001493152-25-014265_ex99-1.htm:19]**

OTG Acquisition Corp. I Completes Initial Public Offering and Private Placements

- **OTG Acquisition Corp. I** priced its initial public offering of **20,000,000 units** at **$10.00 per unit** on **September 12, 2025**.  **[2077010_0001493152-25-013496_ex99-1.htm:0]** 
- Each unit, consisting of **one Class A ordinary share** and **one-half of one redeemable warrant**, was expected to begin trading on the Nasdaq Global Market under the ticker symbol **"OTGAU"** on **September 12, 2025**.  **[2077010_0001493152-25-013496_ex99-1.htm:0]** 
- The offering was expected to close on **September 15, 2025**, with underwriters having a **45-day option** to purchase up to an additional **3,000,000 units** to cover over-allotments.  **[2077010_0001493152-25-013496_ex99-1.htm:0]**