Current SPACs on file to IPO
SUMMARY OF TERMS
* Use the “column visibility” button to view a subset of IPOs. The table will be updated as new deals are filed.
Tables are listed in order of size.
| Brilliant Acquisition Corp. | UTXO Acquisition Inc. | Mountain Crest | ARYA II | Hudson Executive | Foley Trasimene |
|
|---|---|---|---|---|---|---|
| Jurisdiction | BVI | Delaware | Delaware | Cayman Islands | Delaware | Delaware |
| Symbol | BRLIU | UXTOU | MCACU | ARYBU | HECCU | WPF.U |
| Focus | Fintech/Biz Process | Asia / North America | North America | Healthcare | Fintech / Healthcare | FinTech/ Biz Process Outsourcing |
| Initial Size ($mms) | $40.0 | $50.0 | $50.0 | $125.0 | $300.0 | $750.0 |
| % in Trust | 100% | 100% | 102% | 100% | 100% | 100% |
| $ in Trust | $10.00 | $10.00 | $10.20 | $10.00 | $10.00 | $10.00 |
| Unit | 1 shr + 1 wt | 1 shr + 1/2 wt + 1 rt (1/10) | 1 shr + 1 rt (1/10) | 1 shr + 1/3 wt | 1 shr + 1/2 wt | 1 shr + 1/3 wt |
| Life (months) | 12 + 3 + 3 + 3 = 21 | 18 + 3 + 3 = 24 | 12 + 3 + 3 + 3 = 21 | 24 | 24 | 24 |
| Warrant Trigger | >$16.50 cash/cashless | >$16.50 cash/cashless | (not applicable) | >$18.00 cash/cashless >$10.00 for shares | >$18.00 cash/cashless | >$18.00 cash/cashless; >$10.00 for shares |
| Limit on Redemption Rights | 15% | 20% | 20% | 15% | 20% | 15% |
| At-risk Capital ($mm) | $2.4 | $2.2 | $3.2 | $4.5 | $8.0 | $17.0 |
| At-risk Capital (Units or Warrants) | 240,000 units at $10.00 | 220,000 units at $10.00 | 321,500 units at $10.00 | 450,000 units at $10.00 | 8,000,000 warrants at $1.00 | 11,333,334 warrants at $1.50 |
| Underwriting Fees (Upfront/Deferred) | 3.5% / 3.5% | 2.5% / 3.0% | 2.5% / 3.5% | 2.0% / 3.5% | 2.0% / 3.5% | 2.0% / 3.5% |
| Underwriter(s) | EarlyBird | Univest Securities, LLC | Chardan | Jefferies, Goldman Sachs | Citigroup, J.P. Morgan | Credit Suisse, Bofa |
| Additional Terms | 1. Crescent Term: $9.20 Threshold | 1. Crescent Term: $9.20 Threshold | 1. Can extend for three 3-month periods for $0.10 contribution to trust 2. Crescent Term: None | 1. Up to $25M Forward Purchase (Indication of Interest) by Sponsor 2.Crescent Term: None | 1. Forward Purchase of $50M (units at $10.00) by Sponsor 2. Crescent Term: $9.20 Threshold | 1. Forward Purchase: By Cannae Holdings, Thomas H. Lee Partners, $150M each (units at $10.00) for $300M total 2. Crescent Term: $9.20 Threshold |