TRADING QUOTES 4:20 PM December 10, 2023
IPO Terms Details
Business Combination
Related Articles
SEC Filings
SPAC Name : Soaring Eagle Acquisition Corp.
| Total Public Proceeds at IPO($mm): | 1725.0 |
| %Held in Trust: | 100.0 |
| $Held in Trust per Unit: | $ 10.00 |
| Mgmt's Sector Expertise/Focus: | BioTech |
| IPO Date: | 2021-02-24 |
| Months to Complete: | 24 |
| Deadline Date: | 2023-02-26 |
| Unit Structure (SRNG.U) | |
| Share (SRNG): | 1 Class A Ordinary Share |
| Warrant (SRNG.WS) | 1/5 Warrant |
| Right() | |
| 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): | Goldman Sachs |
| Co-Manager(s): | |
| Fees (Upfront/Deferred): | 1.5%/3.5% |
| Lawyers: | |
| Issuer's Counsel: | White & Case LLP |
| Underwriter's Counsel: | Davis Polk & Wardwell LLP |
| Additional Terms: | Limitation on redemption rights: 15%, FPA: SPAC entered into agreements with various institutional investors where SPAC can offer investors opportunity to purchase shares at $10.00 ( Franklin Advisers_ Inc._ Wellington Management ), EOI from each forward purchaser to buy 9.9% of IPO units: Franklin Advisers_ Inc._ Wellington Management, May extend to 30 months if DA signed within 24 months |
SPAC Name: Soaring Eagle Acquisition Corp.
| CURRENT FUNDS in TRUST: | $1,725,236,606* |
| EST. PRO RATA AMOUNT IN TRUST: | $10.00* |
| IMPLIED ENTERPRISE VALUE: | $15.164 billion |
| RECORD DATE: | 2021-08-10 |
| SHAREHOLDER VOTE DATE: | 2021-09-14 |
| 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
Read More