Ahren Acquisition Corp.
AHRN · Nasdaq
NO ACTION REQUIRED
Nothing left to do
The cash went back to shareholders and the company wound up. 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 trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
In plain terms
- What it is
- A SPAC from Dune / Collective (Carter Glatt), listed on Nasdaq in December 2021.
- What it's doing now
- It never completed a purchase. The company wound up and the cash in the account went back to shareholders — the ordinary ending when a SPAC runs out of time. No agreed deal for it is on file with us, so we cannot say whether one was ever announced and later fell through.
- What you should know
- This SPAC has finished. The cash was paid back to shareholders and the company wound up, so there is nothing left to claim — the money went where the charter said it would.
At a glance
- Where it stands
- Liquidated
- Deal
- none — it wound up and returned the cash instead
- Industry
- no filing we hold states a sector this SPAC restricted its search to
- Deal value
- no deal to value — it wound up instead
- 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
- 16 December 2021
- size not on file · 102.0% of each $10 unit into trust
- Headquarters
- PO BOX 309, GRAND CAYMAN, E9, KY1-1104
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- Roney Jonathan (Director) · Newcombe-Ellis Alice (Chief Executive Officer) · Kruger Uwe (Director)
- Listed securities
- AHRN 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 trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
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.
- 16 December 2021IPOpassed
IPO size not on file
The score
deterministic, from filed fieldsAHRN 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 — 292 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
Ahren Acquisition Corp. was a blank-check company listed on the Nasdaq Stock Market under the ticker AHRN. It priced its initial public offering on December 16, 2021, as documented in a 424B prospectus. The company later liquidated and returned trust cash to shareholders, with Form 25 filed on June 16, 2023, under the Securities and Exchange Commission rule governing a class called for redemption, covering its Class A Ordinary Shares, Warrants, and Units.
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.
- What changed vs 2022-11-14trust $307.1M → $312.9M +2%going concern APPEARED
trust account, going-concern doubt, redeemable shares2 moved · 1 with no prior record of ours
- Trust account
- $307.1M$312.9M
- Going-concern doubt
- not statedstated
- Redeemable shares
- 30.0M · unchanged
SpacBrain reads this as $5,772,243 was added to the trust between the two filings.
The clause …“ASSETS Current assets: Cash $ 445,855 $ 726,520 Marketable securities held in Trust Account 312,889,765 310,032,215 Prepaid expenses 183,845 216,067 Total current assets 313,519,465 310,974,802 Total Assets $ 313,519,465 $”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“and consummating the Initial Business Combination. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of time within one year after the date that the unaudited condensed”…
The clause …“value; 500,000,000 shares authorized; none issued or outstanding (excluding 29,999,800 shares subject to possible redemption) - - Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 7,499,950 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
Show the other 10 filings
- What changed vs 2022-04-01trust $306.0M → $311.0M +2%going concern APPEAREDmandate language changed
trust account, going-concern doubt, mandate language +23 moved · 2 with no prior record of ours
- Trust account
- $306.0M$311.0M
- Going-concern doubt
- not statedstated
- Mandate language
- we intend to focus our search on Initial Business Combinatio…we may pursue an Initial Business Combination opportunity in…
- Combination deadline
- not previously extracted2023-06-17
- Redeemable shares
- 30.0M · unchanged
SpacBrain reads this as $4,976,842 was added to the trust between the two filings.
The clause …“Trust Account 310,032,215 - Other assets 216,067 466,721 Total Current Assets 310,974,802 2,622,858 Marketable securities held in Trust Account - 305,997,960 Other non-current assets - 213,541 Total Assets $ 310,974,802 $ 308,834,359”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause “Business Combination is not consummated during that time. Accordingly, there is substantial doubt about our ability to continue as a “going concern.” ● We have identified a material weakness in our internal control over financial”…
The clause …“unable to raise additional funds to alleviate liquidity needs and complete a business combination by June 17, 2023, then we will cease all operations except for the purpose of liquidating. Our plans to raise capital and to consummate”…
The clause …“value; 500,000,000 shares authorized; none issued or outstanding (excluding 29,999,800 shares subject to possible redemption) - - Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 7,499,950 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-08-12trust $306.3M → $307.1M +0%
trust account, redeemable shares1 moved · 1 with no prior record of ours
- Trust account
- $306.3M$307.1M
- Redeemable shares
- 30.0M · unchanged
SpacBrain reads this as $828,995 was added to the trust between the two filings.
The clause “S Cash $ 911,606 $ 2,156,137 Other assets 403,446 466,721 Marketable securities held in Trust Account 307,117,522 - Total Current Assets 308,432,574 2,622,858 Marketable securities held in Trust Account - 305,997,960 Other non-current”…
The clause …“value; 500,000,000 shares authorized; none issued or outstanding (excluding 29,999,800 shares subject to possible redemption) - - Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 7,499,950 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-05-16trust $306.0M → $306.3M +0%
trust account, redeemable shares1 moved · 1 with no prior record of ours
- Trust account
- $306.0M$306.3M
- Redeemable shares
- 30.0M · unchanged
SpacBrain reads this as $273,527 was added to the trust between the two filings.
The clause “Cash $ 1,002,382 $ 2,156,137 Other assets 536,013 466,721 Marketable securities held in Trust Account 306,288,527 - Total Current Assets 307,826,922 2,622,858 Marketable securities held in Trust Account - 305,997,960 Other non-current”…
The clause …“value; 500,000,000 shares authorized; none issued or outstanding (excluding 29,999,800 shares subject to possible redemption) - - Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 7,499,950 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
The sponsor
The people who set this company up, what they have done before, and the advisers around the deal.
Post-close outcome quality: 1 priced deSPAC vs trust value (prior vehicles against the $10.00 IPO baseline, in-DB vehicles against the trust they filed): median -99%, 0/1 still worth at least half of trust, 1 at under a tenth of it. Worst: HGAS -99%. n=1, pulled toward neutral. 1 other completion(s) not priced (1 no stored price) — left OUT of the ratio, not guessed.
Mixed record · medium confidence
- Dune Acquisition Corp · 2020→ Global Gas CorpHGASCompleted
- Ahren Acquisition Corp. · 2021Liquidated
- Dune Acquisition Corp III · 2026Searching
Carter Glatt's franchise, and the rename is on the CIK: COLLECTIVE ACQUISITION CORP. (ticker CCAQ) carries the EDGAR former name "Dune Acquisition Corp II". Collective Acquisition Sponsor LLC (0002111833) and Collective Acquisition Sponsor II LLC (0002114567) sponsor CCAQ and CAII; Dune Acquisition Holdings LLC (0001823247) and Dune Acquisition Holdings II LLC (0002061420) are the same series' earlier sponsors, and Glatt Carter (0001823250) files at all of them.
Full sponsor record →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
from 424B4 0001213900-21-065754
Trading & liquidity
Company profile
Directors & officers
- Roney JonathanDirector
- Newcombe-Ellis AliceChief Executive Officer
- Kruger UweDirector
- Hughes KathleenDirector
- Darroch JeremyDirector
- Balasubramanian ShankarScience Partner
- Richmond ElliotChief Financial Officer
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
7 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.
- AACS LPwith 2 other reporting persons on the same schedule19.4% · SC 13GFeb 14, 2022 stale
- PEAK6 Capital Management LLCwith 5 other reporting persons on the same schedule6.9% · SC 13GFeb 11, 2022 stale
- Magnetar Financial LLCwith 3 other reporting persons on the same schedule6.7% · SC 13G/AFeb 2, 2023 stale
- Polar Asset Management Partners Inc.6.7% · SC 13GFeb 7, 2022 stale
- CANTOR FITZGERALD SECURITIESwith 2 other reporting persons on the same schedule5.9% · SC 13GNov 2, 2022 stale
- ADAGE CAPITAL PARTNERS GP, L.L.C.with 2 other reporting persons on the same schedule5.8% · SC 13GDec 27, 2021 stale
- Sculptor Capital LP2.8% · SC 13G/AFeb 14, 2023 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.
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
36 full SEC filing texts archived — searchable, never lost.
- Vault note — AHRN (Ahren Acquisition Corp.)
vault-note · /vault/tickers/AHRN
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 trail2 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 0001213900-21-065754 priced 2021-12-16; common ticker AHRN off 10-Q 0001213900-23-039104 (2023-05-12); lifecycle EXITED. Ending PROVEN, not inferred: LIQUIDATED per Form 25 0001354457-23-000414 (2023-06-16) — Form 25 filed under 17 CFR 240.12d2-2(a)(1) — the rule for a class "called for redemption" or "redeemed or paid at maturity/retirement". For a SPAC that class is the public shares and that redemption is the trust going back (class: Class A Ordinary Shares, Warrants, Units). No wind-up press release was readable on the registrant's own file, so the per-share figure is not stored.. 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.
sponsor "AACS LP" (SEC CIK 0001896338) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-21-065304.