GCGR SEC filings, in plain English
Everything General Catalyst Global Resilience has filed with the SEC that we hold — 23 filings, newest first, 21 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.
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What changed: Joint Filing Agreement (Exhibit 99.1) to a Schedule 13G beneficial ownership report for GENERAL CATALYST GLOBAL RESILIENCE MERGER CORP. Mechanics (redemption deadlines, trust value, extensions, deal progress, sponsor conduct): As stated in the Exhibit 99.1 joint filing agreement executed by Hayley Stein on behalf of MAGNETAR FINANCIAL LLC, MAGNETAR CAPITAL PARTNERS LP, SUPERNOVA MANAGEMENT LLC, and DAVID J. SNYDERMAN on August 13, 2026, the filing merely confirms a coordinated Schedule 13G submission for shares referenced as of June 30, 2026. The document makes no alterations to the trust account composition, redemption window, extension timeline, target acquisition pipeline, or sponsor governance structures. Why it matters: Investor tracking & other substance: According to the text, the four named parties have agreed to file and amend the Schedule 13G jointly under Rule 13d-1(k), establishing a reporting bloc that may coordinate future ownership movements, though the agreement contains zero claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Because the filing is a routine compliance exhibit devoid of operational or transactional disclosures, it does not materially shift GCGR from its SEARCHING phase nor update investor calendars regarding liquidation or business combinations.
What changed: A Joint Filing Agreement pursuant to SEC Rule 13d-1(k) attached as Exhibit 99_1 to a Schedule 13G (filing reference 0000919574-26-004953), executed by Adage Capital Management, L.P., Robert Atchinson, and Phillip Gross to consolidate their future beneficial ownership disclosures. According to the agreement, the document establishes shared liability for timely, accurate amendments to this specific Schedule 13G, while each signatory remains independently responsible only for information concerning themselves unless they possess knowledge suggesting another party’s data is inaccurate. Dated August 12, 2026, the text discloses no modifications to redemption calendars, trust distribution mechanics, extension procedures, business combination progress, or sponsor governance practices. Why it matters: The filing contains no substantive claims regarding customer contracts, revenue projections, addressable markets, corporate strategy, proprietary technology, strategic partnerships, ongoing litigation, or executive personnel. As stated in the agreement, it serves purely as an administrative mechanism to group the three named holders under a single future amendment filing. Consequently, it provides no data that advances the search phase, influences shareholder redemption calculus, signals sponsor misconduct, or alters existing trust or timeline parameters. Investors must await subsequent registration schedule updates or merger-related proxies for operational developments.
What changed: Form 10-Q (Quarterly Report) for GCGR — General Catalyst Global Resilience Merger Corp., filed for the quarterly period ended June 30, 2026. This is the company’s first quarterly report as a public company, covering its IPO close, initial operations, and its status as a blank-check company searching for an acquisition target. No deal announcement (status remains SEARCHING). The filing confirms the completion of the IPO (May 1, 2026) and the Private Placement. The trust holds $404,743,359 ($10.06 per share), exceeding the initial $10.00 from $2.2M in interest. The trustees are awaiting a business combination deadline (approx. May 2028). Stock-based compensation is unvested and unrecognized (pending a deal). Why it matters: For investors tracking redemptions, the trust value per share is confirmed at $10.06, and the 24-month (or 27-month) ticking clock for finding a deal started May 1, 2026. The filing confirms all 5,031,250 founder shares are now locked and non-forfeitable. It also details a complex 'Alignment Shares' conversion structure that will dilute public shareholders over 10 years post-deal, depending on the stock price.
What changed: A Form 8-K current report and accompanying Exhibit 99.1 press release filed by General Catalyst Global Resilience Merger Corp. The issuer announced that commencing June 22, 2026, holders of its combined GRAIL securities may elect to separately trade the underlying Class A ordinary shares and redeemable warrants. According to the filing, each GRAIL security consists of one Class A ordinary share with a $0.0001 par value and one-fourth of one redeemable warrant to purchase one Class A ordinary share at an exercise price of $11.50. Separated shares will trade under the symbol GCGR and separated whole warrants under GCGRW on the Nasdaq Global Market, while unseparated units will continue trading under GCGRU. The company specified that no fractional warrants will be issued and that holders must instruct their brokers to contact Continental Stock Transfer & Trust Company to execute the separation. Why it matters: This filing does not update the company’s termination deadline, adjust the trust account value, announce redemption mechanics, disclose business combination progress, or detail sponsor conduct changes. The issuer continues to operate as a blank check company in a SEARCHING phase. The press release attributes the firm’s strategic direction to its sponsor’s intent to focus on 'Global Resilience sectors,' explicitly naming aerospace and defense, national security, and industrials and manufacturing as priority targets, while noting the company will not be confined to a particular industry or geographic region. The filing further records that the U.S. Securities and Exchange Commission declared the registration statement for these securities effective on April 29, 2026. The report was signed by Christopher Kauffman, the company's chief financial officer.
What changed: Schedule 13G beneficial ownership report [0001193125-26-212354], filed 2026-05-07, formally identifying five affiliated entities—Sculptor Capital LP, Sculptor Capital II LP, Sculptor Capital Holding Corp, Sculptor Capital Holding II LLC, Sculptor Capital Management, Inc.—and Sculptor Master Fund, Ltd. as the reporting holders for securities in GCGR. Per the submitted excerpt, only the reporting-person identities and filing metadata are disclosed. The document contains no Schedule 13G Item 5 tables (shares beneficially owned, percentage of voting power, acquisition dates, or price paid), nor does it contain an Item 4 statement describing the purpose of the purchase or any subsequent plans relating to GCGR’s capitalization, board composition, or business combination timeline. As a result, the filing does not report any redemptions, changes to the $10.06 trust-per-share value, extension proposals, deal-search developments, or sponsor conduct shifts. All referenced parameters remain unchanged from the previously established baseline. Why it matters: The filing identifies coordinated ownership across multiple Sculptor Capital vehicles, but because the excerpt omits quantitative holdings and purpose declarations, it does not independently signal intent to fund an extension, subscribe to a PIPE, or influence management ahead of the August 1, 2028 deadline. According to standard SEC disclosure patterns, multi-entity 13Gs frequently precede either passive accumulation or active positioning; however, the absence of Item 4 and Item 5 data means no definitive strategic commitment is documented here. Until the complete filing supplies share counts, acquisition costs, and purpose statements, the instrument functions as an administrative ownership ledger rather than a mechanical trigger for redemptions or combination timelines. Subsequent supplements or Registration Statements under Sections 5 or 12(a)(2) of the Securities Act would be required to confirm whether these named entities intend to direct voting rights, provide extension financing, or negotiate deal terms.
What changed: A Form 8-K Current Report filed on May 7, 2026, disclosing the May 1, 2026 consummation of an initial public offering, the establishment of a corporate trust account, and the allocation of founder and director alignment shares. According to the Form 8-K and its attached audited balance sheet, General Catalyst Global Resilience Merger Corp. closed its IPO on May 1, 2026, issuing 40,250,000 GRAIL securities at $10.00 per security for gross proceeds of $402,500,000, fully exercising a 5,250,000-security over-allotment option. The filing notes that $402,500,000 (explicitly stated as $10.00 per public share) was deposited into a trust account with Continental Stock Transfer & Trust Company acting as trustee. GCGR Sponsor LLC concurrently purchased 905,000 private placement securities. The documents establish a 24-month combination period from the May 1 closing date, with an extension to 27 months applicable only if the company executes a letter of intent, agreement in principle, or definitive agreement within the first 24 months. The audit also records deferred underwriting commissions of $14,087,500, $293,149 in borrowed funds from the Sponsor (of which $281,020 was paid at closing), and operating working capital of $846,176 held outside the trust. Why it matters: The filing sets the definitive redemption floor at the documented $402,500,000 ($10.00 per public share) and locks in the 24-month (or conditional 27-month) timeline governing any business combination or mandatory liquidation event. Per Note 1 to the financial statements, the company’s management has stated it has not selected a specific target nor engaged in substantive discussions with any prospective acquisition candidate, confirming that all current activity relates solely to post-IPO administration and interest accrual. The notes highlight structural sponsor conduct: 60,000 class B ordinary shares were transferred to directors Fareed Zakaria, Barry McCarthy, and Tom Linebarger at an assigned third-party valuation of $309.48 per share, though the company explicitly waives their redemption and liquidation distribution rights for those shares, deferring stock-based compensation recognition until a combination is deemed probable. Additional disclosures warn that geopolitical instability and sanctions could disrupt capital markets and impair target sourcing, while confirming public warrants carry a $11.50 exercise price and an estimated fair value of $3,682,875 ($0.37 per warrant) on the closing date.
What changed: A Schedule 13G joint filing agreement (routine compliance exhibit) confirming that Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander have contracted to submit a consolidated beneficial ownership report for Class A Ordinary Shares, par value $0.0001 per share, of General Catalyst Global Resilience Merger Corp., dated May 5, 2026 and signed by Gil Raviv (Global General Counsel) for the entities and by Israel A. Englander personally. Nothing affecting redemption deadlines, trust value, extensions, deal progress, or sponsor conduct has changed. The filing text contains no amendments to liquidation timelines, business combination milestones, sponsor lock-ups, holder consent provisions, or trust administration instructions. It solely formalizes a reporting mechanism under Rule 13d-1(k) to aggregate ownership disclosures among affiliated parties. Why it matters: For investors tracking mechanical SPAC parameters, this exhibit delivers zero operational impact: no redemption window, extension vote, or target acquisition timeline is initiated or modified. The document contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel attributed to the sponsor, management, advisors, or third parties. Its sole significance is administrative—confirming that Millennium-affiliated entities are bundling SEC filings per a Joint Filing Agreement executed May 5, 2026—which affects how ownership tables are constructed but does not shift voting power or redemption dynamics unless a subsequent Schedule 13G discloses specific share quantities or purchase/sale intent. Without those figures, the filing provides no new terms for portfolio modeling, sponsor conduct tracking, or trust valuation analysis.
What changed: An 8-K Current Report announcing the closing of the blank-check company's initial public offering, together with exhibits containing the underwriting agreement, charter, warrant agreement, private placement purchase agreement, trust agreement, registration rights agreement, insider letter, and administrative services agreement. GCGR consummated its IPO of 40,250,000 units at $10.00 per unit, raising gross proceeds of $402,500,000. The sponsor simultaneously purchased 905,000 private placement units at $10.00 per unit, generating $9,050,000. Net proceeds were deposited into the trust account, and the company adopted its amended and restated charter. The board is classified into three classes, Class B shares have performance-based conversion rights over 10 years post-business combination, and public warrants become exercisable at $11.50 per share 30 days after a business combination and expire five years thereafter. Why it matters: This filing establishes the complete contractual and structural framework for the SPAC. Key terms for shareholders include: a trust of $10.06 per share (based on $402.5M / 40M shares), a 24-month (or 27-month with LOI) deadline to complete a business combination, redemption rights in connection with a business combination or charter amendments affecting redemption timing, and a deferred underwriting fee of $0.35 per unit that is forfeited if no deal closes. The Class B conversion structure is complex and performance-based, rewarding sponsors only if post-combination stock performance exceeds thresholds. Public warrants are redeemable at $0.01 per warrant if the stock trades at or above $18.00 for 20 days in a 30-day period.
What changed: Prospectus filed pursuant to Rule 424(b)(4) for the initial public offering of General Catalyst Global Resilience Merger Corp., a blank-check company seeking a business combination in aerospace/defense, national security, and related sectors, with a novel performance-based alignment share structure called GRAIL. This is the first public prospectus for a newly formed SPAC; there is no prior filing to compare. It establishes all core terms: a $350 million offering of 35 million GRAIL units at $10.00/unit, each consisting of one Class A share and one-fourth of a warrant exercisable at $11.50; an 24-month (extendable to 27-month) completion window; a trust of $10.06 per share; a GRAIL alignment share structure under which the 5,031,250 Class B shares (12.5% of post-IPO shares) convert to Class A over 10 years at variable ratios linked to Total Return above a $10.00 Price Threshold, with 20%/30% performance capture; a 15% cap on redemptions by any group without consent; and $20,000/month admin fees to sponsor. Why it matters: This filing is the definitive source of all structural terms for a $350 million SPAC with a novel GRAIL alignment share mechanism. For investors tracking redemption mechanics, trust value ($10.06), deadlines (24-27 months), and sponsor conduct, it provides the complete framework. The GRAIL structure is designed to align sponsor incentives with long-term shareholder returns, potentially reducing the risk of a dilutive low-quality deSPAC common in traditional SPACs. The prospectus also discloses that three prior General Catalyst-sponsored SPACs (HAAC, RHAC, CPARU) all liquidated without completing a business combination, a relevant track record.
What changed: Routine compliance exhibit: SEC Form 3 (Initial Statement of Beneficial Ownership). The filing, submitted by director Taneja Hemant under accession 0001213900-26-049599, declares "No non-derivative transactions or holdings reported." It leaves all investor mechanics unchanged: redemption deadlines, trust account composition, extension provisions, merger search progress, and sponsor conduct remain at their prior state. Why it matters: Standard regulatory acknowledgment establishes Hemant’s ownership baseline without signaling new insider purchases, sales, or position adjustments ahead of a future business combination. Because the reporter explicitly confirms zero reported non-derivative activity, shareholders receive no fresh data on executive alignment, liquidity events, or governance shifts. The submission contains no customer metrics, revenue projections, market sizing, technology claims, partnership announcements, litigation details, or personnel changes beyond the director identification. All observations derive exclusively from the filing’s own text.
What changed: Form 3 — insider ownership report filed by General Catalyst Global Resilience Merger Corp. for reporting person Christopher Allen Kauffman, Chief Financial Officer. The filing itself states that the reporting person had ‘No non-derivative transactions or holdings reported.’ There are no updated equity positions, no disclosed tender activity, no proposed modifications to the trust structure, and no adjustment to the existing combination timeline or search-phase status. The document contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel adjustments beyond the CFO’s listed title. Why it matters: For investors tracking redemption calendars, trust value preservation, extension mechanics, and sponsor conduct, this submission operates as a routine baseline disclosure rather than a mechanical trigger. The explicit certification of zero reported transactions does not indicate executive accumulation ahead of a business combination, does not influence the stated trust per share amount, and does not initiate any redemption or extension voting sequence. In the absence of offsetting disclosures, PIPE commitments, or material agreements under Securities Exchange Act Rules 13d-3 or Regulation M, the SPAC’s operational cadence and investor protection framework remain anchored to previously filed offering documents and forthcoming S-4 or DEFM14A proxy materials.
What changed: This document is an 8-A registration statement filed pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934. The filing registers three distinct security classes for quotation on The Nasdaq Stock Market LLC: GRAIL securities (each consisting of one Class A ordinary share and one-fourth of one redeemable warrant), standalone Class A ordinary shares with a par value of $0.0001, and redeemable warrants exercisable for one Class A ordinary share at an exercise price of $11.50. This registration step does not modify existing redemption calendars, alter trust account distributions, authorize deadline extensions, disclose a business combination target, or reflect new sponsor conduct. Why it matters: Chief Financial Officer Christopher Kauffman executed the filing on April 29, 2026, incorporating by reference the detailed security descriptions from the Registrant’s initial Form S-1 prospectus (File No. 333-295030), originally filed on April 13, 2026. By formally establishing the unit composition and fixing the warrant strike price at $11.50, the filing locks in the structural mechanics that will dictate secondary market trading, warrant exercise economics, and post-combination share dilution. The document contains no operational claims regarding prospective target revenues, customer relationships, market sizing, strategic pivots, proprietary technology, commercial partnerships, pending litigation, or executive compensation changes; it functions strictly as a procedural registration to enable Nasdaq listing eligibility.
What changed: SEC Form 3, a routine compliance exhibit and initial insider ownership report for General Catalyst Global Resilience Merger Corp. Director Norman Thomas Linebarger submitted the disclosure but expressly reported 'No non-derivative transactions or holdings.' This yields zero adjustment to insider equity positions, leaving capitalization structure, voting weight, and redemption mechanics entirely static. Why it matters: Investors tracking redemption calendars, trust value, extensions, deal progress, and sponsor conduct receive a cleared baseline: the reporting director has not accumulated, reduced, or pledged shares, removing short-term liquidity variables or alignment signals. The filing contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel movements. It functions purely as a procedural marker confirming continuing director oversight without altering the SPAC’s mechanical or strategic parameters.
What changed: SEC Form 3 insider ownership report. Director Zakaria Fareed states the filing contains 'No non-derivative transactions or holdings reported.' The document discloses no share purchases, sales, derivative exercises, grants, or transfers by the director. Nothing changed in the SPAC’s cash position, trust account, redemption window, or extension mechanics. Why it matters: Because the director reported zero equity movement, the filing provides no evidence of increased sponsor capital alignment, merger negotiation activity, or investor redemption pressure. Routine Form 3 submissions like this confirm baseline insider registration without advancing deal progress, triggering redemption deadlines, or altering sponsor conduct. The filing bears no weight on the trust account size, search timeline, or upcoming corporate action schedule.
What changed: Form 3 — insider ownership report. CEO Kwan Paul filed a Form 3 stating he reported no non-derivative transactions or holdings. Why it matters: This submission does not alter the SPAC’s $10.06 trust per share, its 2028-08-01 business combination deadline, or its SEARCHING status. Because the executive disclosed zero insider equity positions, investors monitoring redemption calendars, sponsor conduct, and deal progress receive no observable shift in alignment or signaling ahead of the redemption window. Beyond this ownership declaration, the document contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or additional personnel.
What changed: A routine SEC Form 3 compliance exhibit disclosing initial insider ownership for Director Barry McCarthy of General Catalyst Global Resilience Merger Corp. The filing, attributed to reporting person McCarthy Barry, explicitly states 'No non-derivative transactions or holdings reported.' It does not amend redemption procedures, adjust trust accounting mechanisms, advance the acquisition timeline, or disclose sponsorship modifications. The content remains strictly limited to the initial insider reporting obligation and carries no impact on capital structure mechanics. Why it matters: Form 3 establishes the foundational disclosure record required under Section 16(a) before any subsequent trading activity can be tracked. The explicit attribution that zero non-derivative positions were recorded by the director gives investors a clear baseline regarding board-level economic exposure during the active search phase. For redemption and deal-tracking purposes, this confirms no insider offsetting positions exist at this stage, though materiality remains low as the exhibit contains no forward-looking commitments, customer references, revenue projections, or technological roadmap assertions.
What changed: A Rule 461 correspondence letter to the SEC Division of Corporation Finance requesting acceleration of the effective date for the company’s Form S-1 registration statement. The filing contains no adjustments to the redemption deadline, trust account valuation, extension vote mechanics, target search progress, or sponsor conduct. According to Chief Financial Officer Christopher Kauffman’s signature block, the company instead requested that the Securities and Exchange Commission declare the registration statement, initially filed on April 13, 2026 (Registration No. 333-295030), effective at 4:30 p.m., Eastern Time, on April 29, 2026, or immediately upon written consent. Copies of the request were distributed to Chairman Hemant Taneja and Chief Executive Officer Paul Kwan. Why it matters: The correspondence signals management’s intent to advance the public listing timeline while leaving existing shareholder protections untouched. It discloses no metrics, strategies, customer relationships, technology platforms, partnership agreements, litigation posture, or personnel actions beyond standard legal representation by Kirkland & Ellis LLP. Consequently, it does not impact the stated $10.06 per share trust balance or the 2028-08-01 liquidation cutoff. For investors monitoring redemption windows and fiduciary behavior, the absence of amendment language or waiver requests confirms the baseline contract remains unmodified pending future business combination disclosures.
What changed: A corporate correspondence (CORRESP) submitted to the SEC Division of Corporation Finance by underwriting representatives formally requesting acceleration of the effective date of an initial public offering registration statement pursuant to Rule 461 of the Securities Act of 1933. Citigroup Global Markets Inc., acting as representative of the several underwriters, formally requested that Registration Statement No. 333-295030 become effective at 4:30 p.m. Eastern Standard Time on April 29, 2026. The correspondence also confirms adherence to Rule 15c2-8 and states that copies of the proposed preliminary prospectus will be distributed to reasonably anticipated underwriters and dealers to secure adequate distribution. The document does not amend, disclose, or introduce modifications to redemption procedures, trust account mechanics, extension rights, business combination milestones, or sponsor governance structures. Why it matters: SEC acceleration filings of this type lock in the calendar for share listing and primary capital raising, which directly sequences the downstream timeline for trust administration, mandatory shareholder votes, and statutory periods preceding redemption or liquidation triggers. Because the submission is exclusively a procedural compliance instrument authored by Head of VC Coverage Todd Speece on behalf of Citigroup Global Markets Inc., it contains no disclosures regarding customer relationships, revenue metrics, addressable market sizing, strategic partnerships, proprietary technology, executive leadership changes, or active litigation. Investors monitoring this vehicle should treat the filing as a mechanical catalyst confirming underwriter participation and regulatory readiness, while expecting all substantive operational, valuation, or merger-specific data to reside in the accompanying final prospectus or subsequent business combination exhibits.
What changed: Registration Statement on Form S-1 for an initial public offering by a blank-check SPAC. IPO filing for 35,000,000 GRAIL units at $10.00 per unit, each consisting of one Class A share and one-fourth of a warrant; $350M trust; 2-year deadline to close a business combination; GRAIL performance-based alignment share structure; sponsor purchased 5,031,250 Class B shares for $25,000. Why it matters: This is the first filing for a new SPAC with a novel alignment-share structure that only converts to Class A shares over 10 years based on stock price performance, designed to reduce sponsor incentive to close a bad deal. Trust at $10.06 per share provides a floor. Key deadlines: 24 months to close a deal, or 27 months with a signed LOI. No target identified yet; focus is aerospace, defense, national security.
What changed: SEC Division of Corporation Finance non-review correspondence regarding a Draft Registration Statement on Form S-1. The filing reports no modification to the $10.06 per share trust, the 2028-08-01 business combination deadline, or redemption mechanics. Instead, the Office of Real Estate & Construction explicitly advised Chairman Hemant Taneja and General Catalyst Global Resilience Merger Corp. that the staff does not intend to review the draft S-1 submitted March 9, 2026. This procedural clearance permits the company to publicly file the registration statement at least 15 days prior to any road show (per Rule 433(h)(4)) or requested effective date, with acceleration requests governed by Rules 460 and 461. Why it matters: Eliminating standard comment rounds typically accelerates the pathway to effective status or target marketing, while the SEC simultaneously reminded management that the company bears full responsibility for disclosure accuracy. Beyond registration procedure, the correspondence attributes zero substantive claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Until a definitive merger agreement, updated prospectus, or extension resolution surfaces, investor focus must remain on the sponsoring entity’s execution capability and the remaining calendar window.
What changed: This is a draft registration statement on Form S-1, filed confidentially on March 9, 2026, for the initial public offering of General Catalyst Global Resilience Merger Corp. (GCGR), a blank check company still searching for a target. GCGR reveals its core terms: a $350M IPO of 35M 'GRAIL securities' at $10.00 each, each consisting of one Class A share and one-fourth of a warrant ($11.50 strike). The sponsor buys 800K private placement GRAILs for $8M. Trust deposit is $350M ($10.00 per public share). Deadline: 24 months from closing (27 months if a letter of intent is signed). Sponsor forfeits up to 656,250 of its 5,031,250 Class B founder shares if the overallotment is not exercised. Unlike a traditional SPAC, the founder shares (alignment shares) convert over 10 years based on share price performance above a $10.00 threshold (GRAIL structure). If the stock underperforms, only 4,375 Class A shares per tranche are issued; if it outperforms, the sponsor captures 20-30% of the annual return. Why it matters: This filing establishes the complete economic and governance framework for GCGR decades before a deal. Key for investors: the 10-year, performance-based sponsor vesting is a major departure from standard SPACs and reduces immediate dilution but creates a long-term overhang. The trust is $10.06/share. The 24-month deadline (Aug 2028) provides a long runway. The focus is defense, aerospace, national security. The sponsor is affiliated with General Catalyst, which has deep ties in this sector but has liquidated three prior SPACs without a deal (HAAC, RHAC, CPARU). This structure shifts sponsor incentives to sustained long-term performance, but the sponsor still has a strong incentive to do any deal to avoid total loss of the nominal $25K founder investment.
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.