Monocle Acquisition Corporation *
PROPOSED BUSINESS COMBINATION: AerSale Corporation
ESTIMATED CURRENT FUNDS in TRUST: $177.2 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.27*
ENTERPRISE VALUE: $372.0 million [Updated on 12-01-20 from $299.1 million]
*SPACInsider estimate
SUBSEQUENT EVENT [12-17-20]
It is Monocle’s understanding that if the Available Closing Cash Amount is equal to or greater than $60 million (excluding any proceeds from the Subscription Agreements entered into by the AerSale co-founders (the “Co-Founder Proceeds”)) and the other conditions to the closing of the Business Combination are satisfied, then the parties to the Amended and Restated Merger Agreement will waive the condition to closing of the Business Combination set forth in Section 10.1(i) of the Amended and Restated Merger Agreement requiring that the Available Closing Cash Amount be equal to or greater than $75 million. ...READ MORE
