PTORU

Praetorian Acquisition Corp. (PTORU) operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company, incorporated in 2021 and headquartered in New York, focuses on identifying and combining with target businesses in the technology, media, and telecommunications sectors. As a blank check company, PTORU raised capital through its initial public offering to hold in trust until it completes a qualifying business combination, typically within a specified timeframe of 18 to 24 months from its IPO date. The company's units consist of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant entitling the holder to purchase one share of Class A common stock at a specified price. PTORU's management team leverages industry expertise and networks to source, evaluate, and negotiate potential merger targets that demonstrate strong growth potential and operational synergies. The company operates under the standard SPAC structure where public shareholders have the right to redeem their shares for cash if they do not approve of the proposed business combination or if no transaction is completed within the designated period.