Vaishali Chawla

Pyrophyte Acquisition Corp (PHYT) Merger with Sio Silica Corporation (Private)

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Redemption Rate 100% from current level of 44.5% Share Price $10.25 per share Enterprise Value $708 million Market Cap Value $758 million   Cash in Trust Less: Redemptions Add: all other cash and cash equivalents of SPAC Add: Royalty Agreement Proceeds Add: proceeds received from PIPE Financing Add: proceeds received because of the issuance of …

Pyrophyte Acquisition Corp (PHYT) Merger with Sio Silica Corporation (Private) Read More »

Insight Acquisition Corp. (INAQ) Merger with Alpha Modus (Private)

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Redemption Rate 0% from current level of 90.3% Share Price $10.0   Enterprise Value 175 million Market Cap Value *$157 million ($110M/70%) 1,650,000 shares Add: Number of Common Shares issued to JanBella Group, LLC Less: 557,692 which may be sold by the Alpha Modus Lock-Up *Denotes estimated figures by CPC #Calculated as on October 19, …

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Swiftmerge Acquisition Corp (IVCP) Merger with HDL Therapeutics (Private)

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Redemption Rate 0% from current level of 90.0% Share Price $10.0 per share Enterprise Value $480 million Market Cap Value *$478 million (i) Base purchase Price i.e., $400 million (ii) Less: the Series X Gross Up Amount/Cash consideration (i)-(ii) divided by $10.0 Cash in Trust Less: Redemptions Add: aggregate cash amount obtained through financing arrangements …

Swiftmerge Acquisition Corp (IVCP) Merger with HDL Therapeutics (Private) Read More »

10X Capital Venture Acquisition Corp. III (VCXB) Merger with American Gene Technologies International (Private)

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Redemption Rate 86.4% Share Price $10.15 per share Enterprise Value *$612 million Market Cap Value *$654 million Cash in Trust Add: Any Pre-Closing Financing Add: Any other cash then held by SPAC Less: Redemptions Less: Any cash fees, costs and expenses of SPAC and Target  in connection with the Transactions *Denotes estimated figures by CPC …

10X Capital Venture Acquisition Corp. III (VCXB) Merger with American Gene Technologies International (Private) Read More »

Catcha Investment Corp (CHAA) Merger with Crown LNG Holdings AS (Private)

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Redemption Rate 0% from current level of 93% Share Price $10.0 per share Enterprise Value $685 million Market Cap Value $725 million Cash in Trust Less: Redemptions Add: Amount of proceeds of the Private Placements Less: Accrued and unpaid Target Transaction Expenses Less: Accrued and unpaid SPAC Transaction Expenses *Denotes estimated figures by CPC #Reported …

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PROOF Acquisition Corp I (PACI) Merger With Volato (Private)

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August 4, 2023 Redemption Rate 100% from current level of 76.7% Share Price $10.0 per share Enterprise Value $261 million Market Cap Value $299 million Cash in Trust Less: Redemptions Less: Unpaid PACI Expenses Add: Amounts received by the Company for the purchase of Company Series A-1 Preferred Stock Add: PIPE Investment (excluding amounts received …

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Revelstone Capital Acquisition Corp. (RCAC) Merger with Set Jet (Private)

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Redemption Rate 0% from current level of 78.6% Share Price $10.0 per share Enterprise Value *$136.6 million Market Cap Value *$173 million 5,703,000 shares Add: The amount by which the Company’s Debt for Borrowed Money net of the Company’s Cash and Cash Equivalents at Closing is less than $14,970,000 * (ii) 0.10 Less: The amount …

Revelstone Capital Acquisition Corp. (RCAC) Merger with Set Jet (Private) Read More »