TRADING QUOTES 1:43 AM April 25, 2024
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IPO Terms Details
Business Combination
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SPAC Name : Chardan NexTech Acquisition 2 Corp. *
| Total Public Proceeds at IPO($mm): | 126.5 |
| %Held in Trust: | 101.5 |
| $Held in Trust per Unit: | $ 10.15 |
| Mgmt's Sector Expertise/Focus: | Renewable Energy |
| IPO Date: | 2021-08-11 |
| Months to Complete: | 12 |
| Deadline Date: | 2022-10-13 |
| Unit Structure (CNTQU) | |
| Share (CNTQ): | 1 Share of Common Stock |
| Warrant (CNTQW) | 3/4 Warrant |
| Right() | |
| Public Warrant Terms: | |
| Exercise Price: | 11.500000000 |
| Redemption Price: | Cash/Cashless: $16.00 |
| Redemption: Cash, Cashless or for Shares | Mgmt's Discretion |
| Underwriters: | |
| Book-runner(s): | Chardan |
| Co-Manager(s): | |
| Fees (Upfront/Deferred): | 0.5%/3.5% |
| Lawyers: | |
| Issuer's Counsel: | Reed Smith LLP |
| Underwriter's Counsel: | Greenberg Traurig, LLP |
| Additional Terms: | Crescent Term: $9.20, Limitation on redemption rights: 15%, Two 3-month extensions (up to 18 months) with $0.10/share deposit per ext., 180 day lock-up on Private Warrants, Founder Share Lock-Up: 50% at 6 months and 50% at 6 months or trading at $12.50 for 20/30 trading days |
SPAC Name: Chardan NexTech Acquisition 2 Corp. *
| CURRENT FUNDS in TRUST: | $0* |
| EST. PRO RATA AMOUNT IN TRUST: | $10.34* |
| IMPLIED ENTERPRISE VALUE: | $500.1 million |
| RECORD DATE: | 2022-08-11 |
| SHAREHOLDER VOTE DATE: | 2022-10-06 |
| SPAC NameSource: SEC.gov filings and SPAC Insider estimates | |
|---|---|
TRADING QUOTES Business CombinationIPO Terms Details SPAC name: %spacname% CURRENT FUNDS in TRUST: $%ending_trust_ball%* EST. PRO RATA AMOUNT IN TRUST: $%implied_cash_per_share%* IMPLIED ENTERPRISE VALUE: %impliedenterprisevalue% RECORD DATE: %businesscombinationrecorddate% SHAREHOLDER VOTE DATE: %businesscombinationshareholdervotedate% Source: SEC.gov filings and SPAC Insider estimates SPAC name: %spacname% Total Public Proceeds at IPO ($mm): %total% % Held in Trust:
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