TRADING QUOTES 1:50 AM July 16, 2024
[stock-market-overview stockExchange="NYSENasdaq" width="600px" title="Endurance Acquisition Corp." equities="SATX;SATX.WS" allowSort="true" includeChart="true" logoMaxHeight="20px" logoMaxWidth="90px" height="100%" culture="English-US"]
IPO Terms Details Business Combination Related Articles SEC Filings
SPAC Name : Endurance Acquisition Corp.
Total Public Proceeds at IPO($mm): 200.0
%Held in Trust: 100.5
$Held in Trust per Unit: $ 10.05
Mgmt's Sector Expertise/Focus: Space
IPO Date: 2021-09-15
Months to Complete: 18
Deadline Date: 2023-03-17
Unit Structure (EDNCU)
Share (EDNC): 1 Class A Ordinary Share
Warrant (EDNCW) 1/2 Warrant
Right() None
Public Warrant Terms:
Exercise Price: 11.500000000
Redemption Price: Cash/Cashless: $18.00, Shares: $10.00
Redemption: Cash, Cashless or for Shares Mgmt's Discretion
Underwriters:
Book-runner(s): Cantor Fitzgerald, Truist Securities
Co-Manager(s):
Fees (Upfront/Deferred): 2%/4.5%
Lawyers:
Issuer's Counsel: Morrison & Foerster LLP
Underwriter's Counsel: Ellenoff Grossman & Schole LLP
Additional Terms: Crescent term: $9.20, Limitation on redemption rights: 15%, EOI: Up to eight 9.9% and four 4.9% Anchors can purchase up to 1.98M and 980k Units at $10/Unit, Sponsor will sell 125k founder shares to each 9.9% anchor investor and 62.5k founder shares to each 4.9% anchor investor totaling 1.25M founder shares_ at $0.004/share
SPAC Name: Endurance Acquisition Corp.
CURRENT FUNDS in TRUST: $0*
EST. PRO RATA AMOUNT IN TRUST: $10.14*
IMPLIED ENTERPRISE VALUE: $430 million
RECORD DATE: 2022-09-19
SHAREHOLDER VOTE DATE: 2022-10-25
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:
Read More

To access this page, you must purchase a database subscription via the Subscription Store Tab or log in.