OTG Acquisition Corp. I Announces Closing of $230,000,000 Initial Public Offering

NEW YORK, Sept. 15, 2025 (GLOBE NEWSWIRE) -- OTG Acquisition Corp. I (Nasdaq: OTGAU) (the “Company”), a special purpose acquisition company, today announced the closing of its initial public offering of 23,000,000 units at $10.00 per unit, including 3,000,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option. The offering resulted in gross proceeds of $230,000,000.