Altimeter Growth Corp.
AGC · Nasdaq
NO ACTION REQUIRED
Nothing left to do
The purchase completed and the shares became shares in the company it bought. There is no deadline left to miss.
Cash at settlement
No cash-per-share figure was filed for this vehicle before it finished.
Last close
Daily close
No price history on file yet — daily closes accumulate from the market data feed.
Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.
SpacBrain’s read
Trust settled
The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).
In plain terms
- What it is
- A SPAC, listed on Nasdaq in October 2020.
- What it's doing now
- It agreed to buy Grab Holdings Limited. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
- What you should know
- This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.
At a glance
- Where it stands
- Closed (deSPAC)
- The business it bought
- Grab Holdings Limited
- Industry
- the deal record does not name the target's industry yet
- Deal value
- not stated in the filings we hold
- Price vs cash at settlement
- no live price on file
- Cash in trust when it settled
- not yet extracted into a snapshot — the filings below may state it
- the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
- IPO
- 2 October 2020
- size not on file · 100.0% of each $10 unit into trust
- Headquarters
- 2550 SAND HILL ROAD, MENLO PARK, CA, 94025
- registered in the Cayman Islands
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- BARTON RICHARD N (Director) · Ittycheria Dev (Director) · Siam Hab (Director)
- Listed securities
- AGC common
This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.
Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.
Yield to redemption
Nothing left to redeem — no yield to compute.
This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.
What happened to the cash
The reasoning behind the verdict above, in the order the filings establish it.
- The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).
What has happened, and what is coming
1 dated milestoneEvery dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.
- 2 October 2020IPOpassed
IPO size not on file
The deal
terms as filedWhat it is buying, on what terms, and how much of the combined company new shares take from you.
- closedSEC primary
What Grab Holdings Limited does — read from grab.com on 26 August 2026
Grab is an all-in-one platform described as 'The Everyday Everything App' that provides consumer, driver, merchant, and enterprise services across Southeast Asia. Its offerings include deliveries (food, groceries, packages), mobility (rides), dining, and financial services (payments, insurance). The company focuses on economic empowerment, digital accessibility, and worker welfare through initiatives like GrabAcademy and the GrabForGood Fund.
3 Media Close, Singapore 138498MobilityDeliveriesDiningFinancial ServicesEnterprise
The score
deterministic, from filed fieldsAGC is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.
The score is only published for names that carry both a price and a filed cash-per-share figure — 295 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.
The company
from SEC filingsRead the full profile
Altimeter Growth Corp. (Nasdaq: AGC) was a blank-check company whose IPO was priced on October 2, 2020, per a 424B prospectus filed with the SEC. The company was organized as a Cayman Islands exempted company and carried SEC CIK 0001823340 under SIC industry code 6770. On December 1, 2021, the Business Combination was consummated in accordance with the terms of the Business Combination Agreement, after which AGC became a wholly owned subsidiary of GHL, itself a Cayman Islands exempted company and direct wholly-owned subsidiary of Grab Holdings Inc. The common ticker AGC appears on the cover page of an 8-K filed on November 30, 2021, and the vehicle's closed lifecycle is established by an 8-K filed on December 1, 2021.
Material findings
from the full read of every filingEvery document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.
The cover offers up to 3,535,285,223 GHL Class A ordinary shares plus 10,000,000 warrants and the 10,000,000 shares underlying them. Grab shares convert at a defined ratio, $13.032888 divided by $10.00, or 1.3032888 GHL Class A ordinary shares each, while the three key executives take GHL Class B instead and each Class B share carries 45 votes to a Class A share's one. The PIPE is 326,500,000 Class A ordinary shares at $10 per share, $3.265 billion. AGC's public shares closed at $14.93 on November 15, 2021.
A large, unencumbered shell: roughly $1.07 million of positive working capital, no sponsor debt and essentially no accruals four months after listing. Trust is held in cash and earned nothing, so the redemption value is pinned at $10.00 with no accretion to offset the passage of time. The deadline is October 5, 2022, extending to December 5, 2022 if a letter of intent, agreement in principle or definitive agreement is signed by the earlier date. Forward purchase investors are referenced but their commitments are not on the balance sheet.
Filings
live EDGAR feedEverything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.
Show the other 10 filings
What changed: Altimeter Growth Corp.'s definitive merger proxy statement/prospectus, dated November 19, 2021 and first mailed on or about November 22, 2021, for the business combination with Grab Holdings Inc. under Grab Holdings Limited. The extraordinary general meeting is set for 12:00 PM Eastern on November 30, 2021, on a November 5, 2021 record date at which 62,500,000 AGC shares were outstanding: 50,000,000 Class A and 12,500,000 Class B. No fee is paid here — $3,498,631 was paid by Grab Holdings Limited on Form F-4, File No. 333-258349, filed October 18, 2021. Why it matters: The cover offers up to 3,535,285,223 GHL Class A ordinary shares plus 10,000,000 warrants and the 10,000,000 shares underlying them. Grab shares convert at a defined ratio, $13.032888 divided by $10.00, or 1.3032888 GHL Class A ordinary shares each, while the three key executives take GHL Class B instead and each Class B share carries 45 votes to a Class A share's one. The PIPE is 326,500,000 Class A ordinary shares at $10 per share, $3.265 billion. AGC's public shares closed at $14.93 on November 15, 2021.
The sponsor
The people who set this company up, what they have done before, and the advisers around the deal.
No sponsor entity is named in the filings parsed for this SPAC so far.
A missing score, not a score of zero — why
A Sponsor Score is only published once the sponsor’s prior vehicles have been verified on EDGAR and their post-close outcomes priced. That record does not exist for this sponsor yet, so no number and no tier is shown. That is a missing score, not a score of zero — and not a neutral 50 either.
Coverage so far: 301 of 1280 tracked SPACs (24%) are attached to a scored sponsor. This card fills in by itself as the research lands.
The record
The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.
Show the reference detail
Unit structure
Unit: U = S + W/5 · 100.0% of the $10 unit
from 424B4 0001140361-20-022204
Trading & liquidity
Company profile
Directors & officers
- BARTON RICHARD NDirector
- Ittycheria DevDirector
- Siam HabDirector
- GERSTNER BRADCEO and President
- Dozie Aishetu FatimaDirector
Institutional holders
from SC 13G/13DFunds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.
Show the declared stakes
5 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.
- JANUS HENDERSON GROUP PLCwith 1 other reporting person on the same schedule17.3% · SC 13GMay 10, 2021 stale
- PRICE T ROWE ASSOCIATES INC /MD/14.1% · SC 13GMay 10, 2021 stale
- MORGAN STANLEY6.8% · SC 13GMay 10, 2021 stale
- Dragoneer Investment Group, LLCwith 1 other reporting person on the same schedule0.0% · SC 13G/AFeb 14, 2022 stale
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/0.0% · SC 13G/AFeb 2, 2022 stale
One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.
News
company wires and the financial pressReporting we have matched to this ticker. Headlines belong to the outlets that wrote them.
Show the headlines
- Grab to Go Public in Record-Breaking SPAC Merger
The Wall Street Journalundated by the source
- SoftBank-backed Grab agrees to go public in world's ...
CNBCundated by the source
- Grab to unveil world's biggest SPAC merger, valued at ...
Reutersundated by the source
Sources on file
harvested pages, kept in fullEvery public page we have read about this company, stored in full so a source can never go missing.
Show the sources
32 full SEC filing texts archived — searchable, never lost.
- Vault note — AGC (Altimeter Growth Corp.)
vault-note · /vault/tickers/AGC
- Vault deal note — Grab Holdings Limited (AGC)
vault-note · /vault/deals/grab-holdings-limited
- Grab Financial Group raises over US$300 mil in Series A funding round
news · sg.finance.yahoo.com
- Ihre Datenschutzeinstellungen
news · consent.yahoo.com
- Grab Holdings - Wikipedia
news · en.wikipedia.org
- Grab for Good Fund | Grab SG
company-site · grab.com
- About Us | Grab SG
company-site · grab.com
- Grab. The Everyday Everything App
company-site · grab.com
In plain English
tap a term to open itEvery piece of jargon this page could have used, and what it actually means.
Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected
A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Broker action datethe day your broker needs the instruction — earlier than the official date
Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Trust discountbuying below the cash held for you
Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.
Dilutionhow much of the company new shares take from you
Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.
Pro-forma equitywhat the company is valued at once the deal closes
The combined company's equity value assuming the announced terms and the redemptions that have actually happened.
ARShow much upside you get per unit of downside
SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.
De-SPACthe day the SPAC becomes the real company
The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.
Outside datethe contractual long-stop for closing the deal
A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.
Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since
A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.
Ask the brain
from its filingsData provenance & audit trail3 internal entries
Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.
admitted from the HISTORICAL census (EDGAR's SIC 6770 registrant list, walked in full: 3,325 registrants, 1,167 of which ever priced an IPO). The live discovery job cannot reach this registrant — it reads the filing tape, and this one stopped filing. Admission rule: src/lib/universe-admit.ts. SIC 6770 (Blank Checks); 424B 0001140361-20-022204 priced 2020-10-02; common ticker AGC off 8-K 0001193125-21-343671 (2021-11-30); lifecycle EXITED. Ending PROVEN, not inferred: CLOSED per 8-K 0001193125-21-345316 (2021-12-01) — a Cayman Islands exempted company and direct wholly-owned subsidiary of GHL and Grab Holdings Inc., a Cayman Islands exempted company. The Business Combination was consummated in accordance with the terms of the Business Combination Agreement on December 1, 2021. As a result of the Business Combination, AGC has become a wholly owned subsidiary of GHL. Capitalized terms not otherwise defined have. ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.
[CLOSED-2.01] SEC accession 0001193125-21-345316 (Form 8-K, item 2.01 Completion of Acquisition or Disposition of Assets); the cover's date of earliest event reported is 2021-12-01. That is the SEC's own date for this report and NOT necessarily the closing day — an 8-K may cover several events, and where the two differ the closing date is in the quoted sentence below. Target read STRUCTURALLY from the merger agreement's party list — the party that is neither the registrant (identified by the filing's own cover page) nor a merger sub (identified by the clause making it a subsidiary of another party) nor an accommodation party (identified by a "solely for purposes of" joinder), and it was the only one left. The same party list also names "Grab Holdings Inc.", which differ from the recorded target only in legal form and are treated as the same identity; the first-named spelling is the one recorded. The sentence it was read from: "("AGC") with the Securities and Exchange Commission (the "SEC") on April 13, 2021, AGC entered into a Business Combination Agreement, dated as of April 12, 2021, (the "Business Combination Agreement", and the transactions contemplated by the Business Combination Agreement, the "Business Combination") with Grab Holdings Limited , a Cayman Islands exempted Company ("GHL"), J2 Holdings Inc., a Cayman Islands exempted company and direct wholly-owned subsidiary of GHL, J3 Holdings Inc., a Cayman Islands exempted company and direct wholly-owned subsidiary of GHL and Grab Holdings Inc., a Cayman Islands exempted company." No deal value is set — an item-2.01 heading is not a figure. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists.
entity created from the filed target name; no About paragraph on file, so every other field awaits a sourced read