Company Overview

Siddhi Acquisition Corp. was a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination with one or more operating businesses. The company focused primarily on the consumer, food, and beverage industries, reflecting the background and investment strategy of its sponsor, Siddhi Capital. As a SPAC, Siddhi Acquisition Corp. did not have operating revenue and did not conduct commercial operations beyond activities related to identifying and evaluating potential acquisition targets.

The company completed its initial public offering in 2021 and was listed on Nasdaq under the ticker SDHI. Its strategic positioning emphasized access to growth-stage consumer brands, particularly those aligned with emerging food trends, supply chain innovation, and evolving consumer preferences. Based on publicly available filings, Siddhi Acquisition Corp. did not consummate a business combination within the required timeframe and subsequently initiated a liquidation and redemption process. The exact completion status of liquidation is disclosed in public filings, though some details remain data inconclusive based on available public sources.

Business Operations

Siddhi Acquisition Corp. operated as a single-segment entity focused exclusively on business combination activities. Its operations consisted of raising capital through its IPO, placing proceeds into a trust account, and using those funds to seek and evaluate potential acquisition targets. The company did not generate operating revenue and did not own or manage operating subsidiaries during its lifecycle.

Operational activities were largely administrative and governance-related, including due diligence, regulatory compliance, and engagement with financial and legal advisors. The company did not report meaningful domestic or international commercial operations, proprietary technologies, or revenue-producing assets, which is consistent with the structure of pre-combination SPACs.

Strategic Position & Investments

The strategic direction of Siddhi Acquisition Corp. centered on acquiring a controlling interest in a high-growth company within the consumer and food ecosystem, leveraging the sector expertise and industry network of Siddhi Capital. The company evaluated opportunities involving branded food, beverage, and consumer product platforms, as well as adjacent services and supply chain technologies.

Public disclosures indicate that no definitive acquisition was completed. As a result, Siddhi Acquisition Corp. did not retain long-term investments, operating subsidiaries, or portfolio companies. Any potential transactions discussed during its search phase were not finalized, and details regarding specific targets remain limited or inconclusive based on available public sources.

Geographic Footprint

Siddhi Acquisition Corp. was headquartered in the United States, with its corporate domicile and regulatory oversight aligned with U.S. capital markets. Its activities were primarily focused on the North American market, both in terms of investor base and potential acquisition targets.

While the company evaluated businesses that may have had international operations or global consumer reach, Siddhi Acquisition Corp. itself did not establish a direct operational presence outside the United States. Its global footprint was therefore indirect and contingent on any hypothetical business combination that did not ultimately occur.

Leadership & Governance

The company was sponsored by Siddhi Capital and governed by a board and management team with experience in consumer investing and food-related industries. Leadership emphasized disciplined capital allocation, sector specialization, and alignment with public market governance standards typical of SPAC structures.

Key executives included:

• Meenakshi Singh – Chief Executive Officer and Chairwoman

Publicly available information on additional executive officers and directors varies across filings, and comprehensive confirmation of multiple executive roles is data inconclusive based on available public sources.