TRADING QUOTES 4:10 AM April 27, 2024
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IPO Terms Details
Business Combination
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SEC Filings
SPAC Name : Ribbit LEAP, Limited
| Total Public Proceeds at IPO($mm): | 402.5 |
| %Held in Trust: | 100.0 |
| $Held in Trust per Unit: | $ 10.00 |
| Mgmt's Sector Expertise/Focus: | Technology |
| IPO Date: | 2020-09-11 |
| Months to Complete: | 24 |
| Deadline Date: | 2022-09-15 |
| Unit Structure (LEAP.U) | |
| Share (LEAP): | 1 Class A Ordinary Share |
| Warrant (LEAP.WS) | 1/5 Warrant |
| Right() | |
| 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): | J.P. Morgan |
| Co-Manager(s): | |
| Fees (Upfront/Deferred): | 2%/3.5% |
| Lawyers: | |
| Issuer's Counsel: | Goodwin Procter LLP |
| Underwriter's Counsel: | Kirkland & Ellis LLP |
| Additional Terms: | Crescent Term: $9.20 threshold, Limitation on redemption rights: 15%, $100M Forward Purchase of units at $10.00 by Sponsor, sponsor will also own 12_777_778 Class L ordinary shares that convert on 4 triggering events - $20_ $30_ $40_ $50 |
SPAC Name: Ribbit LEAP, Limited
| CURRENT FUNDS in TRUST: | $412,695,229* |
| EST. PRO RATA AMOUNT IN TRUST: | $10.03* |
| 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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