ARYE SEC filings, in plain English
Everything ARYA Sciences Acquisition Corp V has filed with the SEC that we hold — 40 filings, newest first, 2 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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What changed: Item 8.01: ARYA Sciences Acquisition Corp V announced on July 3, 2023 that as of the close of business on July 14, 2023 its publicly held Class A ordinary shares will be deemed cancelled and will represent only the right to receive a pro rata share of the trust account, because it will not consummate a business combination within the period its charter requires. The filing states the company will NOT hold a general meeting to seek an extension, that the sponsor has waived redemption rights on its Class B shares, and that the private placement shares will be cancelled for no consideration. Why it matters: The vehicle is being wound up without offering shareholders an extension vote — an explicit decision, stated as such, rather than a deadline that simply arrived. The waivers matter to what public holders receive: the sponsor takes nothing for its Class B shares and the private placement shares are cancelled for nothing, so the trust is divided among public Class A shares alone. No per-share amount is given in this report.
- What changed vs 2022-11-07trust $150.4M → $153.3M +2%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $150.4M$153.3M
- Combination deadline
- 2023-07-15 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 14.9M · unchanged
SpacBrain reads this as $2,914,041 was added to the trust between the two filings.
The clause …“expenses 130,000 157,000 Total current assets 425,974 542,187 Investments held in Trust Account 153,294,256 151,601,721 Total Assets $ 153,720,230 $ 152,143,908 Liabilities and Shareholders’ Deficit Current liabilities: Accounts”…
The clause …“however, there can be no assurance that we will be able to consummate any Business Combination by July 15, 2023. No adjustments have been made to the carrying amounts of assets and liabilities should we be required to liquidate”…
The clause …“and subsequent dissolution. In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC Topic 205-40, “Basis of Presentation - Going Concern,” management has determined that the working”…
The clause …“future events. Accordingly, as of March 31, 2023 and December 31, 2022, 14,950,000 Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ deficit”…
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 2022-03-31trust $149.5M → $151.6M +1%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $149.5M$151.6M
- Combination deadline
- 2023-07-15 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 14.9M · unchanged
SpacBrain reads this as $2,071,207 was added to the trust between the two filings.
The clause …“expenses 157,000 460,995 Total current assets 542,187 1,236,880 Investments held in Trust Account 151,601,721 149,530,514 Total Assets $ 152,143,908 $ 150,767,394 Liabilities and Shareholders’ Deficit Current liabilities: Accounts”…
The clause …“there can be no assurance that the Company will be able to consummate any Business Combination by July 15, 2023. No adjustments have been made to the carrying amounts of assets and liabilities should the Company be required to”…
The clause …“included in this Report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.” Of the funds available to us, we expect to use a portion of the funds available to us to”…
The clause …“of uncertain future events. Accordingly, as of December 31, 2022 and 2021, 14,950,000 Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ deficit”…
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: Item 4.02: On April 11, 2023 ARYA Sciences Acquisition Corp V's management and audit committee concluded that the financial statements in its Form 10-Q for the period ended September 30, 2022 should no longer be relied upon and will be restated in the Form 10-K for the year ended December 31, 2022. The company had recorded an underwriter's August 8, 2022 waiver of its 50% share of the deferred underwriting commissions as an extinguishment producing a non-operating gain; management concluded it should instead have been credited to shareholders' deficit. Why it matters: A non-reliance determination is the strongest thing an issuer says about its own numbers. The filing states the correction does not change cash, investments held in the trust account, operating expenses or total operating cash flows for the affected period, so the restatement moves a gain out of the income statement rather than altering the trust. It also states management concluded a MATERIAL WEAKNESS existed in internal control over financial reporting and that disclosure controls were not effective during that period.
- What changed vs 2022-08-08trust $149.7M → $150.4M +0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $149.7M$150.4M
- Combination deadline
- 2023-07-15 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 14.9M · unchanged
SpacBrain reads this as $661,899 was added to the trust between the two filings.
The clause …“expenses 249,375 460,995 Total current assets 668,553 1,236,880 Investments held in Trust Account 150,380,215 149,530,514 Total Assets $ 151,048,768 $ 150,767,394 Liabilities and Shareholders’ Deficit Current liabilities: Accounts”…
The clause …“however, there can be no assurance that we will be able to consummate any business combination by July 15, 2023. No adjustments have been made to the carrying amounts of assets and liabilities should we be required to liquidate”…
The clause …“and subsequent dissolution. In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC Topic 205-40, “Basis of Presentation - Going Concern,” management has determined that the working”…
The clause …“future events. Accordingly, as of September 30, 2022 and December 31, 2021, 14,950,000 Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ equity”…
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 2022-05-12trust $149.5M → $149.7M +0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $149.5M$149.7M
- Combination deadline
- 2023-07-15 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 14.9M · unchanged
SpacBrain reads this as $237,430 was added to the trust between the two filings.
The clause …“expenses 331,750 460,995 Total current assets 862,768 1,236,880 Investments held in Trust Account 149,718,316 149,530,514 Total Assets $ 150,581,084 $ 150,767,394 Liabilities and Shareholders’ Deficit Current liabilities: Accounts”…
The clause …“however, there can be no assurance that we will be able to consummate any business combination by July 15, 2023. No adjustments have been made to the carrying amounts of assets and liabilities should we be required to liquidate”…
The clause …“and subsequent dissolution. In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC Topic 205-40, “Basis of Presentation - Going Concern,” management has determined that the working”…
The clause …“future events. Accordingly, as of June 30, 2022 and December 31, 2021, 14,950,000 Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ equity”…
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 2021-11-15trust $149.5M → $149.5M -0%going concern APPEARED
trust account, going-concern doubt, combination deadline +12 moved · 2 with no prior record of ours
- Trust account
- $149.5M$149.5M
- Going-concern doubt
- not statedstated
- Combination deadline
- not previously extracted2023-07-15
- Redeemable shares
- 14.9M · unchanged
SpacBrain reads this as $33,647 left the trust between the two filings.
The clause …“expenses 424,593 460,995 Total current assets 1,128,314 1,236,880 Investments held in Trust Account 149,480,886 149,530,514 Total Assets $ 150,609,200 $ 150,767,394 Liabilities and Shareholders’ Deficit Current liabilities: Accounts”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“and subsequent dissolution. In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC Topic 205-40, “Basis of Presentation – Going Concern,” management has determined that the working”…
The clause …“however, there can be no assurance that we will be able to consummate any business combination by July 15, 2023. No adjustments have been made to the carrying amounts of assets and liabilities should we be required to liquidate”…
The clause …“future events. Accordingly, as of March 31, 2022 and December 31, 2021, 14,950,000 Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ deficit”…
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.
trust account, redeemable sharesnothing moved · 2 with no prior record of ours
- Trust account
- not previously extracted$149.5M
- Redeemable shares
- not previously extracted14.9M
The clause …“$ 844,704 Prepaid expenses 539,723 Total current assets 1,384,427 Investments held in Trust Account 149,514,533 Total Assets $ 150,898,960 Liabilities and Shareholders’ Deficit Current liabilities: Accrued expenses $ 226,349 Total”…
The clause …“occurrence of uncertain future events. Accordingly, as of September 30, 2021, 14,950,000 Class A ordinary shares subject to possible redemption is presented at redemption value as temporary equity, outside of the shareholders’ deficit”…
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.
In plain English
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.
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.
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.