BCSA SEC filings, in plain English
Everything Blockchain Coinvestors Acquisition Corp. I has filed with the SEC that we hold — 40 filings, newest first, 1 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.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2024-05-15trust $23.5M → $23.2M -1%shares 2.11M → 1.58M -25%
trust account, redeemable shares, combination deadline +12 moved · 2 with no prior record of ours
- Trust account
- $23.5M$23.2M
- Redeemable shares
- 2.11M1.58M
- Combination deadline
- 2024-11-15 · unchanged
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $256,047 left the trust between the two filings.
The clause …“(Level 2) Significant Other Unobservable Inputs (Level 3) Assets: Investments held in Trust Account – Money market fund $ 23,226,984 $ — $ — Investment in Qenta Equity — — 4,070,807 Liabilities: Derivative warrant liabilities—Public”…
SpacBrain reads this as 533,146 shares are no longer redeemable.
The clause …“shares authorized; and 11,322,000 shares issued and outstanding (excluding 1,578,648 and 2,111,794 shares subject to possible redemption) as of June 30, 2024 and December 31, 2023, respectively 1,032 1,032 Class B ordinary shares, $”…
The clause …“sustain operations until we complete our initial Business Combination. If a Business Combination is not consummated by November 15, 2024, there will be a mandatory liquidation and subsequent dissolution of our Company. Management has”…
The clause …“by the applicable deadline, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…
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 2023-11-14trust $310.3M → $23.5M -92%shares 3.59M → 2.11M -41%
trust account, redeemable shares, combination deadline +12 moved · 2 with no prior record of ours
- Trust account
- $310.3M$23.5M
- Redeemable shares
- 3.59M2.11M
- Combination deadline
- 2024-11-15 · unchanged
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $286,780,183 left the trust between the two filings.
The clause “9,404 Investment in Qenta Equity, at fair value 4,070,807 4,070,807 Investments held in Trust Account 23,483,031 23,226,984 Total Assets $ 27,808,299 $ 27,807,195 Liabilities, Class A Ordinary Shares Subject to Possible Redemption and”…
SpacBrain reads this as 1,481,477 shares are no longer redeemable.
The clause …“shares authorized; 11,322,000 shares issued and outstanding (excluding 2,111,794 shares subject to possible redemption) as of March 31, 2024 and December 31, 2023 1,032 1,032 Class B ordinary shares, $ 0.00009 par value;”…
The clause …“sustain operations until we complete our initial Business Combination. If a Business Combination is not consummated by November 15, 2024, there will be a mandatory liquidation and subsequent dissolution of our Company. Management has”…
The clause …“by the applicable deadline, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…
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: Blockchain Coinvestors Acquisition Corp. I called an extraordinary general meeting for May 9, 2024 at 11:00 a.m. Eastern Time to extend the deadline from May 15, 2024 to November 15, 2024, or an earlier date the Board determines. On April 9, 2024 BCSA entered a Business Combination Agreement with BCSA Merger Sub I, Inc. and Linqto, Inc., reported on Form 8-K April 10, 2024. On the April 24, 2024 record date there were 13,433,794 Class A ordinary shares outstanding, of which only 2,111,794 carry redemption rights and 1,322,000 are private placement shares, with zero Class B shares outstanding. Why it matters: Only 2,111,794 of 13,433,794 Class A shares still have redemption rights, so the public trust claim has already shrunk to about 16% of the share count while non-redeeming insider and converted shares carry the vote. That asymmetry means the extension passes easily regardless of what redeeming holders want. BCSA ultimately liquidated, so the Linqto agreement signed a month before this meeting never delivered — the redemption right was the value.
What changed vs 2023-09-05deadline 2024-05-15 → 2024-11-15combination deadline1 moved
- Combination deadline
- 2024-05-152024-11-15
SpacBrain reads this as 184 days later than the previous record.
The clause …“redeem 100 per cent of the Public Shares if the Company does not consummate a Business Combination by November 15, 2024, or such later time as the Members may approve in accordance with the Articles; or” Annex A-1 Table of Contents”…
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 2023-04-17deadline 2023-11-15 → 2024-12-31shares 30.0M → 2.11M -93%
combination deadline, redeemable shares, trust account +22 moved · 3 with no prior record of ours
- Combination deadline
- 2023-11-152024-12-31
- Redeemable shares
- 30.0M2.11M
- Trust account
- $310.3M · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- We intend to pursue a company that will benefit from having … · unchanged
SpacBrain reads this as 412 days later than the previous record.
The clause …“SEC, the FTC or otherwise, could be lengthy. If we cannot complete the Linqto Business Combination by December 31, 2024 because a regulatory review or approval process extends beyond such timeframe, we fail to obtain any required”…
SpacBrain reads this as 27,888,206 shares are no longer redeemable.
The clause …“authorized; 11,322,000 and 1,322,000 shares issued and outstanding (excluding 2,111,794 and 30,000,000 shares subject to possible redemption) as of December 31, 2023 and 2022, respectively 1,032 132 Class B ordinary shares, $ 0.00009”…
The clause …“(Level 2) Significant Other Unobservable Inputs (Level 3) Assets: Investments held in Trust Account – Money market fund $ 310,263,214 $ — $ — Liabilities: Derivative warrant liabilities—Public Warrants $ — $ 900,000 $ — Derivative”…
The clause …“● Our independent registered public accounting firm’s report expresses substantial doubt about our ability to continue as a “going concern.” ● The ability of our shareholders to exercise redemption rights with respect to a large”…
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 2023-08-14deadline 2023-11-15 → 2024-11-15
combination deadline, trust account, going-concern doubt +11 moved · 3 with no prior record of ours
- Combination deadline
- 2023-11-152024-11-15
- Trust account
- $310.3M · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 3.59M · unchanged
SpacBrain reads this as 366 days later than the previous record.
The clause …“the Termination Date (as defined in the Business Combination Agreement) until November 15, 2024. In addition, under the terms of the First BCA Amendment, Qenta agreed to deliver to the Company specified financial statements and other”…
The clause …“(Level 2) Significant Other Unobservable Inputs (Level 3) Assets: Investments held in Trust Account – Money market fund $ 310,263,214 $ — $ — Liabilities: Derivative warrant liabilities—Public Warrants $ — $ 900,000 $ — Derivative”…
The clause …“by the applicable deadline, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…
The clause “0,000,000 shares authorized; 1,322,000 shares issued and outstanding (excluding 3,593,271 and 30,000,000 shares subject to possible redemption) as of September 30, 2023 and December 31, 2022, respectively 132 132 Class B ordinary shares,”…
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 2022-12-29deadline 2023-11-15 → 2024-05-15
combination deadline, trust account1 moved · 1 with no prior record of ours
- Combination deadline
- 2023-11-152024-05-15
- Trust account
- $4.2Mnot matched in this filing
SpacBrain reads this as 182 days later than the previous record.
The clause …“redeem 100 per cent of the Public Shares if the Company does not consummate a Business Combination by May 15, 2024, or such later time as the Members may approve in accordance with the Articles; or” A-1 Table of Contents ANNEX B”…
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, combination deadline, going-concern doubt +1nothing moved · 4 with no prior record of ours
- Trust account
- $310.3M · unchanged
- Combination deadline
- 2023-11-15 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 3.59M · unchanged
The clause …“(Level 2) Significant Other Unobservable Inputs (Level 3) Assets: Investments held in Trust Account – Money market fund $ 310,263,214 $ — $ — Liabilities: Derivative warrant liabilities—Public Warrants $ — $ 900,000 $ — Derivative”…
The clause …“However, there can be no assurance that we will be able to consummate any Business Combination by November 15, 2023. Off-Balance Sheet Arrangements As of June 30, 2023, we did not have any off-balance sheet arrangements as defined”…
The clause …“by the applicable deadline, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…
The clause “0,000,000 shares authorized; 1,322,000 shares issued and outstanding (excluding 3,593,271 and 30,000,000 shares subject to possible redemption) as of June 30, 2023 and December 31, 2022, respectively 132 132 Class B ordinary shares, $”…
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 2022-11-14trust $307.7M → $310.3M +1%deadline 2023-05-09 → 2023-11-15shares 30.0M → 3.59M -88%
trust account, combination deadline, redeemable shares +33 moved · 3 with no prior record of ours
- Trust account
- $307.7M$310.3M
- Combination deadline
- 2023-05-092023-11-15
- Redeemable shares
- 30.0M3.59M
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $170Knot matched in this filing
- Mandate language
- we intend to concentrate on sourcing business combination op…not matched in this filing
SpacBrain reads this as $2,582,610 was added to the trust between the two filings.
The clause …“(Level 2) Significant Other Unobservable Inputs (Level 3) Assets: Investments held in Trust Account – Money market fund $ 310,263,214 $ — $ — Liabilities: Derivative warrant liabilities—Public Warrants $ — $ 900,000 $ — Derivative”…
SpacBrain reads this as 190 days later than the previous record.
The clause …“However, there can be no assurance that we will be able to consummate any Business Combination by November 15, 2023. Management continues to evaluate the impact of the COVID-19 pandemic on the industry and has concluded that while”…
SpacBrain reads this as 26,406,729 shares are no longer redeemable.
The clause “0,000,000 shares authorized; 1,322,000 shares issued and outstanding (excluding 3,593,271 and 30,000,000 shares subject to possible redemption) as of March 31, 2023 and December 31, 2022, respectively 132 132 Class B ordinary shares, $”…
The clause …“Business Combination not occur, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…
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 $306.0M → $310.3M +1%mandate language changed
trust account, mandate language, combination deadline +22 moved · 3 with no prior record of ours
- Trust account
- $306.0M$310.3M
- Mandate language
- we intend to focus our search on the companies in the financ…We intend to pursue a company that will benefit from having …
- Combination deadline
- not previously extracted2023-11-15
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 30.0M · unchanged
SpacBrain reads this as $4,262,124 was added to the trust between the two filings.
The clause …“expenses 384,630 716,442 Total current assets 639,411 1,096,477 Investments held in Trust Account 310,263,214 306,001,090 Total Assets $ 310,902,625 $ 307,097,567 Liabilities, Class A Ordinary Shares Subject to Possible Redemption and”…
The clause …“there can be no assurance that the Company will be able to consummate any Business Combination by November 15, 2023. F-11 Table of Contents BLOCKCHAIN COINVESTORS ACQUISITION CORP. I NOTES TO CONSOLIDATED FINANCIAL STATEMENTS”…
The clause …“• Our independent registered public accounting firm’s report expresses substantial doubt about our ability to continue as a “going concern.” • The ability of our shareholders to exercise redemption rights with respect to a large”…
The clause “0,000,000 shares authorized; 1,322,000 shares issued and outstanding (excluding 30,000,000 shares subject to possible redemption) as of December 31, 2022 and 2021 132 132 Class B ordinary shares, $ 0.00009 par value; 50,000,000 shares”…
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.