CIK2143156 SEC filings, in plain English
Everything Lucens Capital Acquisition Corp I has filed with the SEC that we hold — 2 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.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
What changed: S-1 registration statement for Lucens Capital Acquisition Corp I, a blank-check company (SPAC) seeking to acquire a business primarily in Argentina, detailing its initial public offering of 10,000,000 units at $10.00 per unit, with each unit consisting of one ordinary share and one-half of one redeemable warrant. Initial filing; no prior registration. Establishes trust account of $100,500,000 ($10.05 per public share), a 21-month deadline to complete a business combination, redemption rights for public shareholders, and sponsor compensation including founder shares purchased at $0.007 per share. Why it matters: Defines the mechanics of the SPAC: trust value per share, redemption timeline, sponsor conduct (low-priced founder shares, private placement of 400,000 units at $10.00), and the Argentina-focused strategy. The filing includes extensive risk factors regarding Argentina's macroeconomic volatility, currency controls, and political risk, which are critical for investors tracking redemption deadlines and sponsor incentives.
What changed: This is a Draft Registration Statement (DRS) on Form S-1 for an initial public offering of Lucens Capital Acquisition Corp I, a blank-check company (SPAC). It is an IPO prospectus in draft form, filed confidentially and later publicly, registering 10,000,000 units at $10.00 per unit. This is the initial registration statement for a new SPAC. No prior public filings exist for this entity. The filing establishes the terms of the IPO and the structure of the SPAC. Why it matters: This filing is highly material for tracking redemption mechanics, trust value, extensions, and sponsor conduct. Key terms: (1) Trust: $100,000,000 ($10.00 per public share) will be deposited into a trust account. (2) Deadline: 24 months from closing of the IPO to complete a business combination, with no stated extension mechanism other than a potential shareholder vote to amend the charter. (3) Redemption: Public shareholders may redeem shares for a pro rata portion of the trust account upon completion of a business combination or upon certain charter amendments. (4) Founder shares: Sponsor paid $25,000 for 3,833,333 founder shares ($0.007/share), representing 25% of outstanding shares post-IPO. Up to 500,000 shares are subject to forfeiture if the over-allotment is not exercised. (5) Sponsor and EBC (underwriter) will purchase 350,000 private units at $10.00/unit ($3.5 million total) concurrently with the IPO. (6) Dilution: Dilution to public shareholders is substantial, ranging from $2.67 to $9.68 per share depending on redemption levels. (7) Strategy: The SPAC will focus on acquiring a business based in or linked to Argentina, with an enterprise value of approximately $400 million to $1.0 billion. (8) Sponsor: Lucens Capital Sponsor, LLC, affiliated with Lucens Capital, an Argentina-based private investment firm.
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.