FoxWayne Enterprises Acquisition Corp.
FOXW · Nasdaq
NO ACTION REQUIRED
Nothing left to do
The cash went back to shareholders and the company wound up. There is no deadline left to miss.
Cash at settlement
The last figure filed while this was still a SPAC.
Last close
Daily close
No price history on file yet — daily closes accumulate from the market data feed.
Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.
SpacBrain’s read
Trust settled
The trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
In plain terms
- What it is
- A SPAC from FoxWayne Enterprises Acquisition Sponsor LLC, listed on Nasdaq in January 2021.
- What it's doing now
- It never completed a purchase. The company wound up and the cash in the account went back to shareholders — the ordinary ending when a SPAC runs out of time. No agreed deal for it is on file with us, so we cannot say whether one was ever announced and later fell through.
- What you should know
- This SPAC has finished. The cash was paid back to shareholders and the company wound up, so there is nothing left to claim — the money went where the charter said it would.
At a glance
- Where it stands
- Liquidated
- Deal
- none — it wound up and returned the cash instead
- Industry
- no filing we hold states a sector this SPAC restricted its search to
- Deal value
- no deal to value — it wound up instead
- Price vs cash at settlement
- no live price on file
- Cash in trust when it settled
- not yet extracted into a snapshot — the filings below may state it
- the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
- IPO
- 21 January 2021
- size not on file · 101.0% of each $10 unit into trust
- Headquarters
- 1 ROCKEFELLER PLAZA, NEW YORK, NY, 10020
- registered in Delaware
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- Pavell Jeff (Director) · Knie Robb (Chairman and CEO) · Zippin Jonathan Hale (Director)
- Listed securities
- FOXW common
As last filed, 24 January 2023. That was the account's last filed value before it was settled — the company does not hold it now.
source: 8-K acc 0001493152-23-002357
At the 12 July 2022 event.
Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.
Yield to redemption
Nothing left to redeem — no yield to compute.
This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.
What happened to the cash
The reasoning behind the verdict above, in the order the filings establish it.
- The trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
- $10.18 a share is the last cash figure filed while this was still a SPAC. It is a record of what the account held, not money anyone can ask for now.
What has happened, and what is coming
2 dated milestonesEvery dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.
- 21 January 2021IPOpassed
IPO size not on file
redemption rate not stated in the filing
Who has already taken their money back
1 filed eventEach time shareholders were offered their cash back, some took it. Heavy cash-outs drain the account and shrink the number of shares left — whatever remains has to carry the deal.
Worst single event
—
no filing states a pre-event share count
Shares redeemed, all events
4.41M
across every filed redemption event
Every figure below is stated in the linked filing; nothing here is estimated.
- Jul 12, 2022Extensionno rate statedredeemed 4.41M sh0001493152-22-021894
The score
deterministic, from filed fieldsFOXW is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.
The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.
The company
from SEC filingsRead the full profile
FoxWayne Enterprises Acquisition Corp. was a blank-check company whose common stock traded on the Nasdaq Stock Market under the ticker FOXW. The company priced its initial public offering on January 21, 2021, per a 424B prospectus, with units comprising one warrant each and a trust contribution of $10.10 per unit and a 12-month deadline. It subsequently liquidated, and on January 24, 2023, it filed an 8-K announcing that it intended to dissolve and liquidate in accordance with its Charter, ceasing all operations except for winding up and redeeming the public shares issued in the IPO. The filing stated a trust settlement value of $10.18 per share.
Material findings
from the full read of every filingEvery document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.
The sponsor has already used the charter's built-in extensions at $143,750 each and is now returning to shareholders for more time, which is the point where the contractual funding formula ends and negotiated terms begin. A $143,750 deposit spread over a small public float is meaningful in percentage terms on this vehicle's scale, but the proposal's own extension terms are not stated in the available text, so holders should check what, if anything, funds the new three months. Redemption at pro rata trust value remains available at this vote.
A contractual deposit of $0.025 per unit for three months works out to less than a cent a month on a $10 share, so the trust barely accretes while time passes, and the sponsor is funding even that through a loan rather than a gift. Having used its charter extensions, the company must now ask shareholders for terms that are not contractually specified in the available text. Redemption at pro rata trust value stays open, which for a vehicle this small is the entire economic proposition.
The transaction is a straightforward single-step merger with the target surviving as a subsidiary and lending its name to the combined company. Nothing about the meeting is fixed — date, time and webcast address are all placeholders — and no registered share count appears in the extracted portion, so this version establishes no deadline and no dilution ceiling.
This is the baseline of the FoxWayne / Aerami registration, filed four weeks after signing. It is a straightforward single-step merger with the target surviving as a subsidiary and giving the combined company its name. No meeting date, access address or registered share count appears in the extracted portion, so nothing here fixes a deadline or a dilution ceiling.
The extension deposit is the number that sets what FOXW holders receive per share if the sponsor buys more time — a charter that stated it wrongly is a direct defect in the redemption economics, now corrected.
The trust is funded at $10.10 rather than $10.00 per public share, so FOXW's floor sits ten cents above the offering price from day one.
Show 2 more material filings
A small $50 million IPO with a full warrant per unit and a 5.5% gross spread — generous warrant coverage for public buyers and expensive underwriting for a SPAC this size.
Two terms are off the cohort default. The trust is over-funded at $10.10 per unit — $50.5 million, or $58.075 million on full overallotment — so the redemption floor starts above the $10.00 offering price. And the clock is short: 12 months from the closing of the offering, extendable to up to 18 months, with any charter amendment that extends it beyond those periods requiring that public stockholders be offered the opportunity to redeem. Deferred underwriting is $0.35 per unit ($1,750,000; up to $2,012,500 on full overallotment).
Filings
live EDGAR feedEverything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.
Show the other 10 filings
The sponsor
The people who set this company up, what they have done before, and the advisers around the deal.
FoxWayne Enterprises Acquisition Sponsor LLCnamed as sponsor in this SPAC’s filings — but with no researched track record behind it yet.
A missing score, not a score of zero — why
A Sponsor Score is only published once the sponsor’s prior vehicles have been verified on EDGAR and their post-close outcomes priced. That record does not exist for this sponsor yet, so no number and no tier is shown. That is a missing score, not a score of zero — and not a neutral 50 either.
Coverage so far: 301 of 1284 tracked SPACs (23%) are attached to a scored sponsor. This card fills in by itself as the research lands.
The record
The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.
Show the reference detail
Unit structure
Unit: U = S + W · 101.0% of the $10 unit
from 424B4 0001493152-21-001505
Trading & liquidity
Company profile
Directors & officers
- Pavell JeffDirector
- Knie RobbChairman and CEO
- Zippin Jonathan HaleDirector
- Agrawal SundeepDirector
- Reavey MichaelDirector
Institutional holders
from SC 13G/13DFunds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.
Show the declared stakes
12 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.
- AQR CAPITAL MANAGEMENT LLCwith 1 other reporting person on the same schedule6.8% · SC 13GFeb 14, 2023 stale
- Atlas Merchant Capital LLCwith 7 other reporting persons on the same schedule5.4% · SC 13GOct 6, 2022 stale
- BANK OF AMERICA CORP /DE/0.0% · SC 13G/AFeb 13, 2024 stale
- JANE STREET GROUP, LLC0.0% · SC 13G/AFeb 12, 2024 stale
- Karpus Management, Inc.0.0% · SC 13G/AMar 10, 2023 stale
- CVI Investments, Inc.with 1 other reporting person on the same schedule0.0% · SC 13G/AFeb 14, 2023 stale
- Beryl Capital Management LLCwith 2 other reporting persons on the same schedule0.0% · SC 13G/AFeb 13, 2023 stale
- Polar Asset Management Partners Inc.0.0% · SC 13G/AFeb 13, 2023 stale
- BASSO CAPITAL MANAGEMENT, L.P.with 3 other reporting persons on the same schedule0.0% · SC 13G/AFeb 10, 2023 stale
- Hudson Bay Capital Management LPwith 1 other reporting person on the same schedule0.0% · SC 13G/AFeb 8, 2023 stale
- K2 PRINCIPAL FUND, L.P.with 3 other reporting persons on the same schedule0.0% · SC 13G/AJan 18, 2022 stale
- Shaolin Capital Management LLCnot stated · SC 13GFeb 10, 2022 stale
One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.
Sources on file
harvested pages, kept in fullEvery public page we have read about this company, stored in full so a source can never go missing.
Show the sources
39 full SEC filing texts archived — searchable, never lost.
- Vault note — FOXW (FoxWayne Enterprises Acquisition Corp.)
vault-note · /vault/tickers/FOXW
In plain English
tap a term to open itEvery piece of jargon this page could have used, and what it actually means.
Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected
A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.
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.
Broker action datethe day your broker needs the instruction — earlier than the official date
Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.
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.
Trust discountbuying below the cash held for you
Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.
Dilutionhow much of the company new shares take from you
Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.
Pro-forma equitywhat the company is valued at once the deal closes
The combined company's equity value assuming the announced terms and the redemptions that have actually happened.
ARShow much upside you get per unit of downside
SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.
De-SPACthe day the SPAC becomes the real company
The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.
Outside datethe contractual long-stop for closing the deal
A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.
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.
Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since
A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.
Ask the brain
from its filingsData provenance & audit trail3 internal entries
Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.
admitted from the HISTORICAL census (EDGAR's SIC 6770 registrant list, walked in full: 3,325 registrants, 1,167 of which ever priced an IPO). The live discovery job cannot reach this registrant — it reads the filing tape, and this one stopped filing. Admission rule: src/lib/universe-admit.ts. SIC 6770 (Blank Checks); 424B 0001493152-21-001505 priced 2021-01-21; common ticker FOXW off 8-K 0001493152-23-002357 (2023-01-24); lifecycle EXITED. Ending PROVEN, not inferred: LIQUIDATED per 8-K 0001493152-23-002357 (2023-01-24) — announced liquidation of the trust account: “…intends to dissolve and liquidate in accordance with the provisions of its the Charter and will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares that were issued in its initial public offering…”. Trust at settlement $10.18/share, stated in that filing. ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.
warrantStrike=11.5, unitSeparationDays=52 from the definitive prospectus (0001493152-21-001505). NOT FILLED: warrantCallPrice — no stated candidate; rightShareRatio — no stated candidate
sponsor "FoxWayne Enterprises Acquisition Sponsor LLC" (SEC CIK 0001840500) sourced from Form 3 reportingOwner (10% owner) acc 0001493152-21-001373.