Games & Esports Experience Acquisition Corp.
GEEX · 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
No cash-per-share figure was filed for this vehicle before it finished.
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 GEEX Sponsor, LLC, listed on Nasdaq in December 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
- 3 December 2021
- size not on file · 102.5% of each $10 unit into trust
- Headquarters
- PO BOX 309 UGLAND HOUSE, GRAND CAYMAN, E9, KY1-1104
- registered in the Cayman Islands
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- WHITMAN MARGARET C (Director) · Williams Angela Jenise (Director) · Moore Jocelyn (Director)
- Listed securities
- GEEX common
This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.
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.
What has happened, and what is coming
1 dated milestoneEvery 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.
- 3 December 2021IPOpassed
IPO size not on file
The score
deterministic, from filed fieldsGEEX 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 — 295 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
Games & Esports Experience Acquisition Corp. (GEEX) was a blank-check company listed on the Nasdaq Stock Market under SEC CIK 0001856774. The company priced its initial public offering on December 3, 2021, per a 424B prospectus. On April 7, 2023, the company filed an 8-K announcing its intention to dissolve and liquidate in accordance with the provisions of the Charter. The company stated it would redeem all of its issued shares by April 14, 2023, and return the trust cash to shareholders.
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 vehicle ends because the SPONSOR declined to pay, not because a deadline arrived unavoidably — the extension existed and was purchasable. The filing is explicit about who gets nothing: there are no redemption rights or liquidating distributions for the warrants, which it says will expire worthless. It expects Nasdaq to file a Form 25, the company to follow with a Form 15, and the securities to cease trading around the close on April 12, 2023.
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
What changed: Item 8.01: Games & Esports Experience Acquisition announced on April 7, 2023 that its sponsor has determined it will NOT make the additional trust contribution required to extend the April 7, 2023 charter deadline for completing an initial business combination, and that the company therefore intends to dissolve and liquidate. It will redeem all public Class A ordinary shares no later than April 14, 2023, distributing the trust less $100,000 of interest for dissolution expenses. The trust held $67,018,327.82 on April 7, 2023 and the estimated per-share amount is about $10.53. Why it matters: The vehicle ends because the SPONSOR declined to pay, not because a deadline arrived unavoidably — the extension existed and was purchasable. The filing is explicit about who gets nothing: there are no redemption rights or liquidating distributions for the warrants, which it says will expire worthless. It expects Nasdaq to file a Form 25, the company to follow with a Form 15, and the securities to cease trading around the close on April 12, 2023.
- What changed vs 2022-03-31trust $205.0M → $207.8M +1%
trust account, combination deadline, sponsor loans outstanding +21 moved · 4 with no prior record of ours
- Trust account
- $205.0M$207.8M
- Combination deadline
- not previously extracted2023-12-07
- Sponsor loans outstanding
- not previously extracted$140K
- Going-concern doubt
- stated · unchanged
- Mandate language
- We intend to pursue business combinations with interactive m… · unchanged
SpacBrain reads this as $2,834,751 was added to the trust between the two filings.
The clause …“warrants. As of December 31, 2022, we had cash and marketable securities held in the Trust Account of $207,840,050, which is restricted from being available for operating expenses. Our cash available for operating expenses was”…
The clause …“Date, upon five days’ advance notice prior to the applicable deadlines, until December 7, 2023, unless the closing of the Company’s initial business combination shall have occurred, and (iii) cancel the automatic three-month extension”…
The clause …“within the requisite time period. On March 3, 2023, the Company borrowed $350,000 under the Sponsor Note and deposited $140,000 into the Trust Account to fund the initial one-month extension of the Company’s termination date”…
The clause …“accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.” At December 31, 2022, the Company had $92,181 of cash to be utilized for operations, and”…
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.
The sponsor
The people who set this company up, what they have done before, and the advisers around the deal.
GEEX 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 1280 tracked SPACs (24%) 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/2 · 102.5% of the $10 unit
from 424B4 0001104659-21-146431
Trading & liquidity
Company profile
Directors & officers
- WHITMAN MARGARET CDirector
- Williams Angela JeniseDirector
- Moore JocelynDirector
- Brodkin KarenDirector
- Kovanen TomiChief Executive Officer
- Segal AriChief Executive Officer
- Cohen Steve ADirector
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
6 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.
- HIGHBRIDGE CAPITAL MANAGEMENT LLC6.8% · SC 13G/AJan 31, 2023 stale
- ADAGE CAPITAL PARTNERS GP, L.L.C.with 2 other reporting persons on the same schedule6.8% · SC 13GDec 16, 2021 stale
- Sculptor Capital LP3.1% · SC 13GApr 11, 2023 stale
- CALAMOS INVESTMENT TRUST/IL0.0% · SC 13GFeb 14, 2024 stale
- Saba Capital Management, L.P.with 1 other reporting person on the same schedule0.0% · SC 13G/AFeb 8, 2024 stale
- First Trust Capital Management L.P.with 1 other reporting person on the same schedule0.0% · SC 13G/AMay 10, 2023 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 — GEEX (Games & Esports Experience Acquisition Corp.)
vault-note · /vault/tickers/GEEX
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 0001104659-21-146431 priced 2021-12-03; common ticker GEEX off 8-K 0001104659-23-043160 (2023-04-07); lifecycle EXITED. Ending PROVEN, not inferred: LIQUIDATED per 8-K 0001104659-23-043160 (2023-04-07) — announced liquidation of the trust account: “…intends to dissolve and liquidate in accordance with the provisions of the Charter. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The Company, as promptly as possible, but no later than April 14, 2023, will redeem (the "Redemption") all of the Company's issued a…”. 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 (0001104659-21-146431). NOT FILLED: warrantCallPrice — no stated candidate; rightShareRatio — no stated candidate
sponsor "GEEX Sponsor, LLC" sourced from prospectus definition (10-K) acc 0001104659-22-041106.