Welcome to our dedicated page for YHN Acquisition I SEC filings (Ticker: YHNA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for YHN Acquisition I Limited (YHNA), a British Virgin Islands blank check company with securities listed on the Nasdaq Stock Market LLC. Through these filings, investors can review how the company structures its initial public offering, manages its trust account, and advances its proposed business combination with Mingde Technology Limited.
Key filing types for YHN Acquisition I Limited include current reports on Form 8‑K, which disclose material events such as the entry into the Business Combination Agreement and its subsequent amendments, leadership changes, and deposits into the trust account to extend the deadline for completing a business combination. These 8‑K filings describe the Reincorporation Merger, the Acquisition Merger, the earnout mechanism, and adjustments to merger consideration and earnout conditions, as well as the extension of the outside closing date for the transaction.
The company’s definitive proxy statement on Schedule 14A outlines proposals for shareholders to amend the company’s charter and investment management trust agreement. These amendments would provide discretion to extend the termination date for consummating a business combination and to extend the date on which the trust account would be liquidated, subject to depositing specified Extension Payments into the trust account. The proxy statement also explains the rationale for these changes and the board’s view that additional time may be needed to complete the business combination.
On Stock Titan, YHNA’s SEC filings are updated as they are made available through EDGAR. AI-powered summaries can help explain the structure and implications of complex documents such as the Business Combination Agreement, amendments, and proxy materials, highlighting key terms, timelines, and conditions. Users can quickly locate information about the company’s listed securities (YHNAU, YHNA, YHNAR), its emerging growth company status, and the mechanics of its SPAC structure, all based on the underlying regulatory filings.
YHN Acquisition I Limited, a Hong Kong–based SPAC incorporated in the British Virgin Islands, filed its annual report for the year ended December 31, 2025. The company has no operating business and is focused on completing an initial business combination.
YHN entered into a Business Combination Agreement with Mingde Technology Limited, valuing the deal at $200,000,000 plus up to $80,000,000 in earnout shares, payable in 20,000,000 new PubCo ordinary shares and up to 8,000,000 additional earnout shares tied to trading milestones.
The SPAC raised $60,000,000 from its IPO of 6,000,000 units and a further $2,500,000 from 250,000 private units, placing $60,300,000 into a trust account. After redemptions of 3,464,179 shares, 2,535,821 public shares remain redeemable.
For 2025, YHN reported net income of $1,325,117, mainly from interest and dividend income on trust investments, compared with net income of $502,638 in 2024. As of December 31, 2025, cash outside the trust totaled $140,550, and the trust value attributable to redeemable shares was $27,050,906.
Shareholders approved amendments allowing up to three three‑month extensions of the business combination deadline from December 19, 2025 to September 19, 2026, with $150,000 deposited into the trust for each extension. The company discloses substantial doubt about its ability to continue as a going concern if no deal is completed by September 19, 2026, in which case remaining public shares would be redeemed and the SPAC liquidated.
YHN Acquisition I Ltd former CEO and director Tominaga Satoshi sold ordinary shares in an open-market transaction. The Form 4/A reports a sale of 15,000 Ordinary Shares, no par value, at a price of $0.014 per share. Following this transaction, Tominaga Satoshi directly holds 15,000 ordinary shares.
YHN Acquisition I Limited disclosed that on March 19, 2026 it deposited $150,000 into the trust account created for its initial public offering. This payment extends the deadline to complete a business combination from March 19, 2026 to June 19, 2026.
The extension gives the SPAC three additional months to identify and close a suitable merger or acquisition target while keeping IPO funds in the trust structure.
YHN Acquisition I Limited received an amended Schedule 13G showing that Westchester Capital Management, LLC, a Delaware investment adviser, now reports beneficial ownership of 0 ordinary shares, or 0.0% of the class. This percentage is based on 4,285,821 ordinary shares outstanding as of December 8, 2025, as cited from the company’s prior current report.
Westchester indicates it has no sole or shared power to vote or dispose of any YHN Acquisition I shares. The filing also confirms the position is held in the ordinary course of business and not for the purpose of influencing control of the company.
Mizuho Financial Group, Inc. filed an amended Schedule 13G reporting a small position in YHN Acquisition I Ltd common shares. The filing shows beneficial ownership of 191 shares, representing 0.0% of the outstanding class, with sole voting and dispositive power over all reported shares.
The shares are directly held by Mizuho Securities USA LLC, a wholly owned subsidiary, and Mizuho Financial Group, Inc., Mizuho Bank, Ltd. and Mizuho Americas LLC may be deemed indirect beneficial owners. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
W. R. Berkley Corporation, together with its subsidiary Berkley Insurance Company, reports beneficial ownership of 335,894 ordinary shares of YHN Acquisition I Limited, representing 7.8% of the class as of the event date.
The filing shows no sole voting or dispositive power, and shared voting and dispositive power over all 335,894 shares. The reporting persons state the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of YHN Acquisition I Limited.
YHN Acquisition I Ltd received an amended Schedule 13G from Feis Equities LLC and Lawrence M. Feis, disclosing passive ownership of 332,160 ordinary shares. This represents 7.75% of the company’s ordinary shares, based on 4,285,821 shares outstanding as of December 8, 2025.
The filing states that the reporting persons have sole voting and dispositive power over these shares and certifies that the holdings are not intended to change or influence control of the company. Both Feis Equities LLC and Lawrence M. Feis sign the report and provide a joint filing agreement.
Karpus Management, Inc., doing business as Karpus Investment Management, filed an amended Schedule 13G reporting its beneficial ownership of common shares of YHN Acquisition I Limited as of 12/31/2025. Karpus reports beneficial ownership of 767,026 common shares, representing 17.90% of the class, with sole voting and sole dispositive power over all of these shares.
The shares are owned directly by accounts managed by Karpus, a New York investment adviser controlled by City of London Investment Group plc. The filing notes that informational barriers have been established so that Karpus exercises voting and investment power independently, and it certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
YHN Acquisition I Limited reported that it has signed Amendment No. 2 to its Amended and Restated Business Combination Agreement with Mingde Technology Limited, extending the Outside Closing Date for their proposed business combination to June 18, 2026. The deal structure still contemplates a reincorporation merger and a subsequent acquisition merger that would make Mingde a wholly owned subsidiary of a Nasdaq-listed purchaser.
The disclosure reiterates that completion of the transaction depends on conditions such as shareholder approval and other closing requirements, and includes extensive cautionary language about forward-looking statements. Risks highlighted include the possibility the business combination may not be completed, potential legal proceedings, uncertainty around redemptions by public shareholders, and competition and regulatory changes affecting Mingde’s business.
On December 15, 2025, YHN Acquisition I Limited deposited $150,000 into its trust account to extend the time it has to complete a business combination. This payment shifts the deadline for closing a transaction from December 19, 2025 to March 19, 2026, giving the company an additional three months to pursue and finalize a suitable deal.