TRADING QUOTES 1:02 PM April 24, 2025
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IPO Terms Details
Business Combination
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SPAC Name : Pershing Square Tontine Holdings, Limited
| Total Public Proceeds at IPO($mm): | 4000.0 |
| %Held in Trust: | 100.0 |
| $Held in Trust per Unit: | $ 20.00 |
| Mgmt's Sector Expertise/Focus: | General/Broad |
| IPO Date: | 2020-07-22 |
| Months to Complete: | 24 |
| Deadline Date: | 2022-07-24 |
| Unit Structure (PSTH.U) | |
| Share (PSTH): | 1 Class A Common Stock |
| Warrant (PSTH.WS) | 1/9 Warrant |
| Right() | None |
| Public Warrant Terms: | |
| Exercise Price: | 23 |
| Redemption Price: | Cash: $20.00, Cashless: $36.00 |
| Redemption: Cash, Cashless or for Shares | Mgmt's Discretion |
| Underwriters: | |
| Book-runner(s): | Citigroup, Jefferies, UBS Investment Bank |
| Co-Manager(s): | CastleOak Securities, L.P. |
| Fees (Upfront/Deferred): | 0.9%/1.4% |
| Lawyers: | |
| Issuer's Counsel: | Cadwalader, Wickersham & Taft LLP |
| Underwriter's Counsel: | Ropes & Gray LLP |
| Additional Terms: | 44,444,444 redeemable warrants to be distributed to holders of record at combination vote that have NOT redeemed the share., Forward Purchase by Pershing Square: $1bn of units at $20.00 committed (1 share + 1/3 warrant); Up to an additional aggregate |
SPAC Name: Pershing Square Tontine Holdings, Limited
| CURRENT FUNDS in TRUST: | $4,096,353,751* |
| EST. PRO RATA AMOUNT IN TRUST: | $20.06* |
| 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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