TRADING QUOTES 2:19 AM January 28, 2023
IPO Terms Details
Business Combination
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SPAC Name : EF Hutton Acquisition Corporation I
| Total Public Proceeds at IPO($mm): | 115.0 |
| %Held in Trust: | 101.0 |
| $Held in Trust per Unit: | $ 10.10 |
| Mgmt's Sector Expertise/Focus: | Consumer |
| IPO Date: | 2022-09-09 |
| Months to Complete: | 9 |
| Deadline Date: | 2023-06-13 |
| Unit Structure (EFHTU) | |
| Share (EFHT): | 1 Share of Common Stock |
| Warrant (EFHTW) | 1 Warrant |
| Right(EFHTR) | 1 for 1/8 |
| Public Warrant Terms: | |
| Exercise Price: | 11.500000000 |
| Redemption Price: | Cash/Cashless: $18.00 |
| Redemption: Cash, Cashless or for Shares | Mgmt's Discretion |
| Underwriters: | |
| Book-runner(s): | EF Hutton |
| Co-Manager(s): | |
| Fees (Upfront/Deferred): | 2.0%/3.5% |
| Lawyers: | |
| Issuer's Counsel: | Loeb & Loeb LLP |
| Underwriter's Counsel: | Hogan Lovells US LLP |
| Additional Terms: | Crescent Term: $9.20, Limitation on Redemption Rights: 15%, May extend 9x by an additional month each by depositing $0.05/share in trust each extension, EOI: Approximately twelve Anchor Investors have each expressed an interest in purchase up to 9,900,000 units at the offering price of $10.00 per unit, Founder Share Lock-Up: 6 months after combination or $12 VWAP for 20 out of 30 trading days, 750K Founders Shares will be allocated to Anchor investors if they purchase Units |
SPAC Name: EF Hutton Acquisition Corporation I
| CURRENT FUNDS in TRUST: | $117,249,236* |
| EST. PRO RATA AMOUNT IN TRUST: | $10.20* |
| IMPLIED ENTERPRISE VALUE: | 0 |
| RECORD DATE: | TBD |
| SHAREHOLDER VOTE DATE: | TBD |
| 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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