IPO Comparison Matrix

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 IIHudson
Executive
Foley
Trasimene
JurisdictionBVIDelawareDelawareCayman IslandsDelawareDelaware
SymbolBRLIUUXTOUMCACUARYBUHECCUWPF.U
FocusFintech/Biz ProcessAsia / North AmericaNorth AmericaHealthcareFintech / HealthcareFinTech/ Biz Process Outsourcing
Initial Size ($mms)$40.0$50.0$50.0$125.0$300.0$750.0
% in Trust100%100%102%100%100%100%
$ in Trust$10.00$10.00$10.20$10.00$10.00$10.00
Unit1 shr + 1 wt1 shr + 1/2 wt
+ 1 rt (1/10)
1 shr + 1 rt (1/10)1 shr + 1/3 wt1 shr + 1/2 wt1 shr + 1/3 wt
Life (months)12 + 3 + 3 + 3 = 2118 + 3 + 3 = 24 12 + 3 + 3 + 3 = 2124 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;
>$10.00 for shares
Limit on Redemption Rights15%20%20%15%20%15%
At-risk Capital ($mm)$2.4$2.2$3.2$4.5$8.0$17.0
At-risk Capital (Units or Warrants)240,000 units at $10.00220,000 units at $10.00321,500 units at $10.00450,000 units at $10.008,000,000 warrants at $1.0011,333,334 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)EarlyBirdUnivest Securities, LLCChardanJefferies, Goldman SachsCitigroup, J.P. MorganCredit Suisse, Bofa
Additional Terms1. Crescent Term: $9.20 Threshold1. Crescent Term: $9.20 Threshold1. 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