EQHA SEC filings, in plain English

• SC 13G/A13 February 20230001076809-23-000022
• 15-12G17 January 20230001104659-23-003899
• 25-NSE28 December 20220000876661-22-001211
• 8-K23 December 20220001104659-22-129736
• 8-K/A12 December 20220001104659-22-126231
• 8-K9 December 20220001104659-22-125963
• 25-NSE7 December 20220000876661-22-001100
• DEF 14A6 December 20220001104659-22-124931

  What changed: EQ Health Acquisition Corp. called a special meeting for December 21, 2022 at 1:00 p.m. Eastern Standard Time, fully virtual, to move its Termination Date FORWARD from February 2, 2023 to the later of December 21, 2022 or the effectiveness of the Charter Amendment, triggering an Early Liquidation in which all remaining Public Shares are redeemed. On the December 1, 2022 record date the redemption price was approximately $10.10 per share, based on approximately $222,325,835.32 on deposit in the Trust Account, against a NYSE Class A closing price of $10.04 — about six cents more from redeeming. Why it matters: This is a wind-up vote, not an extension: the board is asking holders to accelerate liquidation and return roughly $222.3 million rather than spend two more months searching. For EQHA holders that is the capital-preserving outcome, and at $10.10 against a $10.04 market price the trust pays more than the market. Public warrants become worthless in the liquidation, which is the cost borne by anyone holding them rather than shares.

• PRE 14A22 November 20220001104659-22-121319
• 10-Q14 November 20220001410578-22-003205
  What changed vs 2022-08-15trust $220.3M → $221.1M +0%
  trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours

  Trust account

  $220.3M→$221.1M

  SpacBrain reads this as $889,243 was added to the trust between the two filings.

  The clause …“​ ​ ​ ​ ​ ​ Non-current prepaid expenses ​ ​ — ​ 19,673 Marketable securities held in Trust Account ​ ​ 221,140,021 ​ ​ 220,085,699 TOTAL ASSETS ​ $ 221,545,050 ​ $ 220,392,326 ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND STOCKHOLDERS’ DEFICIT ​ ​ ​ ​”…

  Combination deadline

  2023-02-03 · unchanged

  The clause …“205-40, “Presentation of Financial Statements – Going Concern,” the Company has until February 3, 2023 to consummate a Business Combination. It is uncertain that the Company will be able to consummate a Business Combination by this”…

  Going-concern doubt

  stated · unchanged

  The clause “NANCIAL STATEMENTS SEPTEMBER 30, 2022 (Unaudited) 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”…

  Sponsor loans outstanding

  $90K · unchanged

  The clause …“of September 30, 2021 or the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $ 90,000 was repaid at the closing of the Initial Public Offering on February 2, 2021. Borrowings under the”…

  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.

• 10-Q15 August 20220001410578-22-002448
  What changed vs 2022-05-16trust $220.2M → $220.3M +0%
  trust account, sponsor loans outstanding, combination deadline +11 moved · 3 with no prior record of ours

  Trust account

  $220.2M→$220.3M

  SpacBrain reads this as $78,746 was added to the trust between the two filings.

  The clause …“​ ​ ​ ​ ​ ​ Non-current prepaid expenses ​ ​ — ​ 19,673 Marketable securities held in Trust Account ​ ​ 220,250,778 ​ ​ 220,085,699 TOTAL ASSETS ​ $ 220,542,184 ​ $ 220,392,326 ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND STOCKHOLDERS’ DEFICIT ​ ​ ​ ​”…

  Sponsor loans outstanding

  not previously extracted→$90K

  The clause …“of June 30, 2021 or the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $ 90,000 was repaid at the closing of the Initial Public Offering on February 2, 2021. Borrowings under the”…

  Combination deadline

  2023-02-03 · unchanged

  The clause …“205-40, “Presentation of Financial Statements – Going Concern,” the Company has until February 3, 2023 to consummate a Business Combination. It is uncertain that the Company will be able to consummate a Business Combination by this”…

  Going-concern doubt

  stated · unchanged

  The clause “ED FINANCIAL STATEMENTS JUNE 30, 2022 (Unaudited) 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.

• SC 13G20 May 20220001062993-22-013113
• 10-Q16 May 20220001410578-22-001640
  What changed vs 2021-11-15trust $220.1M → $220.2M +0%deadline 2023-02-02 → 2023-02-03going concern APPEARED
  trust account, combination deadline, going-concern doubt +13 moved · 1 with no prior record of ours

  Trust account

  $220.1M→$220.2M

  SpacBrain reads this as $121,270 was added to the trust between the two filings.

  The clause …“​ ​ ​ ​ ​ ​ Non-current prepaid expenses ​ ​ — ​ 19,673 Marketable securities held in Trust Account ​ ​ 220,172,032 ​ ​ 220,085,699 TOTAL ASSETS ​ $ 220,645,354 ​ $ 220,392,326 ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND STOCKHOLDERS’ DEFICIT ​ ​ ​ ​”…

  Combination deadline

  2023-02-02→2023-02-03

  SpacBrain reads this as 1 days later than the previous record.

  The clause …“205-40, “Presentation of Financial Statements – Going Concern,” the Company has until February 3, 2023 to consummate a Business Combination. It is uncertain that the Company will be able to consummate a Business Combination by this”…

  Going-concern doubt

  not stated→stated

  SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.

  The clause …“is not requested by the Sponsor, 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”…

  Sponsor loans outstanding

  $90K→not matched in this filing

  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.

• 10-K31 March 20220001410578-22-000794
  What changed vs 2021-03-31deadline 2023-02-02 → 2023-02-03
  combination deadline, trust account, sponsor loans outstanding +21 moved · 4 with no prior record of ours

  Combination deadline

  2023-02-02→2023-02-03

  SpacBrain reads this as 1 days later than the previous record.

  The clause …“about an Entity’s Ability to Continue as a Going Concern,” the Company has until February 3, 2023 to consummate a Business Combination. It is uncertain that the Company will be able to consummate a Business Combination by this”…

  Trust account

  not previously extracted→$220.1M

  The clause …“liabilities. As of December 31, 2021, we had cash and marketable securities held in the Trust Account of $220,085,699. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing”…

  Sponsor loans outstanding

  not previously extracted→$90K

  The clause “00 to be used for a portion of the expenses of our Initial Public Offering. The outstanding balance under the promissory note with our sponsor of $90,000 was repaid at the closing of our Initial Public Offering on February 12, 2021.”…

  Going-concern doubt

  stated · unchanged

  The clause …“accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.” 4 Table of Contents ● If we are deemed to be an investment company under the Investment”…

  Mandate language

  we intend to focus our search for an initial business combin… · unchanged

  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.

• SC 13G14 February 20220001076809-22-000019
• 8-K16 November 20210001104659-21-140040
• 10-Q15 November 20210001410578-21-000280
  What changed vs 2021-08-10trust $220.0M → $220.1M +0%
  trust account, combination deadline, sponsor loans outstanding +11 moved · 3 with no prior record of ours

  Trust account

  $220.0M→$220.1M

  SpacBrain reads this as $16,683 was added to the trust between the two filings.

  The clause “900 ​ ​ ​ ​ ​ ​ ​ Deferred offering costs ​ ​ — ​ 188,869 Marketable securities held in Trust Account ​ ​ 220,050,762 ​ ​ — TOTAL ASSETS ​ $ 221,061,958 ​ $ 210,769 ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY ​ ​ ​ ​ ​”…

  Combination deadline

  2023-02-02 · unchanged

  The clause …“rights with respect to the Founder Shares if the Company fails to complete a Business Combination by February 2, 2023 and (c) not to propose an amendment to the Amended and Restated Certificate of Incorporation (i) to modify the”…

  Sponsor loans outstanding

  $90K · unchanged

  The clause …“of June 30, 2021 or the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $ 90,000 was repaid at the closing of the Initial Public Offering on February 2, 2021. Borrowings under the”…

  Redeemable shares

  19.4M→not matched in this filing

  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.

• 10-Q10 August 20210001104659-21-102635
  What changed vs 2021-06-24trust $220.0M → $220.0M +0%shares 20.0M → 19.4M -3%
  trust account, redeemable shares, combination deadline +12 moved · 2 with no prior record of ours

  Trust account

  $220.0M→$220.0M

  SpacBrain reads this as $9,235 was added to the trust between the two filings.

  The clause “900 ​ ​ ​ ​ ​ ​ ​ Deferred offering costs ​ ​ — ​ 188,869 Marketable securities held in Trust Account ​ ​ 220,034,079 ​ ​ — TOTAL ASSETS ​ $ 221,104,140 ​ $ 210,769 ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND STOCKHOLDERS’ EQUITY ​ ​ ​ ​ ​ Current”…

  Redeemable shares

  20.0M→19.4M

  SpacBrain reads this as 546,846 shares are no longer redeemable.

  The clause …“2,564,968 shares of Class A common stock issued and outstanding , excluding 19,434,992 shares of Class A common stock subject to possible redemption. At December 31, 2020, there were no shares of Class A common stock issued or”…

  Combination deadline

  2023-02-02 · unchanged

  The clause …“rights with respect to the Founder Shares if the Company fails to complete a Business Combination by February 2, 2023 and (c) not to propose an amendment to the Amended and Restated Certificate of Incorporation (i) to modify the”…

  Sponsor loans outstanding

  $90K · unchanged

  The clause …“of June 30, 2021 or the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $ 90,000 was repaid at the closing of the Initial Public Offering on February 2, 2021. Related Party Loans In”…

  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.

• 8-K24 June 20210001104659-21-084714
• 10-Q24 June 20210001104659-21-085190
  trust account, redeemable shares, combination deadline +1nothing moved · 4 with no prior record of ours

  Trust account

  not previously extracted→$220.0M

  The clause “Assets 1,354,175 21,900 Deferred offering costs — 188,869 Marketable securities held in Trust Account 220,024,844 — TOTAL ASSETS $ 221,379,019 $ 210,769 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities Accounts payable and accrued”…

  Redeemable shares

  not previously extracted→20.0M

  The clause …“2,018,122 shares of Class A common stock issued and outstanding, excluding 19,981,838 shares of Class A common stock subject to possible redemption. At December 31, 2020, there were no shares of Class A common stock issued or”…

  Combination deadline

  2023-02-02 · unchanged

  The clause …“rights with respect to the Founder Shares if the Company fails to complete a Business Combination by February 2, 2023 and (c) not to propose an amendment to the Amended and Restated Certificate of Incorporation (i) to modify the”…

  Sponsor loans outstanding

  $90K · unchanged

  The clause …“of June 30, 2021 or the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $90,000 was repaid at the closing of the Initial Public Offering on February 2, 2021. Related Party Loans In”…

  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.

• 8-K1 June 20210001104659-21-074996
• NT 10-Q18 May 20210001104659-21-068816
• 412 April 20210001076809-21-000173
• 47 April 20210001076809-21-000164
• 10-K31 March 20210001104659-21-044231
• 426 March 20210001076809-21-000158
• 8-K18 March 20210001104659-21-038077
• 10-Q15 March 20210001104659-21-036408

  What changed: A pre-IPO stub 10-Q covering inception on September 2, 2020 through September 30, 2020, filed on March 15, 2021, well after the IPO. Total assets were $95,000, being $25,000 of cash and $70,000 of deferred offering costs, against $71,000 of liabilities. Equity was $24,000 and the net loss was $1,000, all formation costs. There was no trust account and no Class A stock. 5,499,990 Class B shares were outstanding, retroactively restated for a January 28, 2021 stock split of 1.19565 to 1, with up to 717,390 subject to forfeiture. Why it matters: The period covers 28 days of a shell that had not yet raised anything, so nothing here describes the listed company. The IPO closed on February 2, 2021, placing $219,999,600 at $10.00 per unit in trust, and the business-combination deadline runs to February 2, 2023. The filing states that the liquidity shortfall which existed before the IPO has been resolved by proceeds released for working capital, so the earlier going-concern condition no longer applies. Wait for the next quarterly report for a real trust balance.

• SC 13G10 February 20210001076809-21-000043
• 39 February 20210001076809-21-000039
• 8-K9 February 20210001104659-21-016110
• 8-K3 February 20210001104659-21-011102
• 424B41 February 20210001104659-21-010330
• 329 January 20210001104659-21-009016
• 329 January 20210001104659-21-009013
• 329 January 20210001104659-21-009011
• 329 January 20210001104659-21-009001
• 329 January 20210001104659-21-009237
• 329 January 20210001104659-21-009022
• 329 January 20210001104659-21-009019

The complete EQHA filing history on EDGAR