CPSR SEC filings, in plain English
Everything CAPSTAR SPECIAL PURPOSE ACQUISITION CORP. 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.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“closing the Merger without additional bridge funding. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The Company will need to raise additional capital in future periods to fund its”…
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: Gelesis Holdings, Inc. — taken public by Capstar Special Purpose Acquisition Corp. under the Business Combination Agreement dated July 19, 2021 — filed a preliminary proxy statement dated July 25, 2023 for a virtual special meeting on the Agreement and Plan of Merger dated June 12, 2023 with PureTech Health LLC and Caviar Merger Sub LLC. Gelesis merges into Merger Sub, which survives as a wholly owned subsidiary of Parent, and each share of common stock converts into the right to receive $0.05664 in cash. The meeting date and the record date are left blank. Why it matters: This is a going-private transaction under the SEC's rules and Parent is already Gelesis's largest stockholder: PureTech beneficially owns 16,727,582 shares, plus options over 155,520 shares, PureTech Warrants over 259,129,542 shares, Legacy Warrants over 216,208 shares and 378,943,720 shares issuable on conversion of Notes. Approval requires both a majority of the shares not owned by Parent or its affiliates and a majority of all outstanding shares. The $0.05664 is stated as a premium of approximately 277.6% over the closing price on June 12, 2023.
What changed: A definitive proxy statement filed June 26, 2023 by the registrant associated with Capstar Special Purpose Acquisition Corp. The corpus text captured for this accession contains only the SEC cover page: the Schedule 14A header, the filed-by-registrant box and the preliminary versus definitive proxy checkboxes. No notice of meeting, meeting date, record date, proposals, trust figures or share counts appear in the available document text, so no substantive terms of the filing can be reported from it. Why it matters: Nothing about trust value, deadlines or redemption rights can be concluded from a cover page, and this summary deliberately asserts none. A holder needing the meeting date, record date or proposals should read the filing itself or the company's related Form 8-K rather than rely on this entry. The low confidence reflects an incomplete captured document rather than an ambiguous disclosure.(flagged for human review)
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“supply chain functions, and research and development. These conditions raise substantial doubt about the Company’s ability to continue as a going concern and may adversely impact the sale of Plenity. The Company will need to raise”…
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.