AEA-Bridges Impact Corp.
IMPX · NYSE
NO ACTION REQUIRED
Nothing left to do
The purchase completed and the shares became shares in the company it bought. 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 deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).
In plain terms
- What it is
- A SPAC from Percentage of Class Approximate Percentage AEA-Bridges Impact Sponsor LLC, listed on NYSE in October 2020.
- What it's doing now
- It agreed to buy LiveWire EV, LLC, an Electric motorcycle manufacturer company. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
- What you should know
- This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.
At a glance
- Where it stands
- Closed (deSPAC)
- The business it bought
- LiveWire EV, LLC
- Industry
- Electric motorcycle manufacturer (spin-off from Harley-Davidson)
- Deal value
- not stated in the filings we hold
- 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
- 2 October 2020
- size not on file · 100.0% of each $10 unit into trust
- Headquarters
- C/O AEA INVESTORS (UK) LLP, LONDON, X0, W1K 5EF
- registered in the Cayman Islands
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- REPLOGLE JOHN B (Director) · Serafeim Georgios (Director) · Garcia John L (Co-Chief Executive Officer)
- Listed securities
- IMPX 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 deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).
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.
- 2 October 2020IPOpassed
IPO size not on file
The deal
terms as filedWhat it is buying, on what terms, and how much of the combined company new shares take from you.
- closedElectric motorcycle manufacturerpost-close LVWRSEC primary
The score
deterministic, from filed fieldsIMPX 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
AEA-Bridges Impact Corp. (IMPX) was a blank-check company listed on the New York Stock Exchange under SEC CIK 0001820191 and SIC industry code 3751 (Motorcycles, Bicycles & Parts). The company priced its initial public offering on October 2, 2020, under SEC file number 333-248785, with shares registered for cash on S-1 0001193125-20-245263, and its blank-check status was self-described in the 424B4 prospectus filed that same date. AEA-Bridges Impact Corp. completed a business combination and no longer files as a separate entity. On September 27, 2022, Form 25 was filed under 17 CFR 240.12d2-2(a)(3), reflecting that its Units, Class A Ordinary Shares, and Warrants had come to evidence other securities in substitution therefor. The successor registrant, LiveWire Group, Inc. (LVWR, LVWR-WT, CIK 0001898795), filed an 8-K carrying item 2.01 (Completion of Acquisition) naming AEA-Bridges Impact Corp.
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 two prospectuses cover different issuers and very different amounts: 80,500,000 shares at the ABIC level against 254,000,000 shares at the LiveWire Group level. Those are not alternatives to be compared but separate registrations for separate entities in the same transaction, and neither should be quoted as 'the' share count. The physical meeting location is retained deliberately because the Cayman articles require it, notwithstanding any virtual arrangements — so the meeting's legal situs is New York regardless of how it is conducted. The meeting date is blank, so no deadline follows.
The registered amounts on both prospectuses — 80,500,000 ABIC shares and 254,000,000 LiveWire Group shares, each with 30,500,000 warrants — are identical to those in the following amendment, so they were fixed at this stage. They are separate registrations for separate issuers and should not be conflated. The meeting time is fixed at 10:00 a.m. ET but the date is blank, so no deadline follows.
The dual-prospectus structure and both registered amounts are already fixed at this amendment and hold through the two that follow. The 254,000,000-share LiveWire Group line and the 80,500,000-share ABIC line register different issuers' securities in the same transaction and are not interchangeable. No meeting date is fixed.
The dual-prospectus structure and both registered amounts are fixed from this first amendment and hold through the three that follow. The 80,500,000-share ABIC line and the 254,000,000-share LiveWire Group line register different issuers' securities within one transaction and are not interchangeable; neither is 'the' share count on its own. No meeting date is fixed.
This baseline already fixes both registered amounts — 80,500,000 ABIC shares and 254,000,000 LW EV Holdings shares, each with 30,500,000 warrants — and they do not move through any of the four amendments that follow. At this stage the post-closing company had no name; the LiveWire Group identity appears only in the later versions, so nothing about that name should be attributed to this filing. No meeting date is fixed.
Two redemptions again - $18.00 and $10.00 per public share - and both are stated as adjustable not by a simple multiple but through the anti-dilution provisions that change the number of shares a warrant buys or its exercise price. Amending the public warrants adversely requires 65% of them here, above the 50% at Oaktree II and Qell in the same fortnight: the same instrument, sold in the same month, with different protection. Some units in this offering are not subject to underwriting discounts at all, per an indication of interests.
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 vs 2022-05-12trust $400.3M → $400.6M +0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $400.3M$400.6M
- Combination deadline
- 2022-10-05 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 40.0M · unchanged
SpacBrain reads this as $249,375 was added to the trust between the two filings.
The clause …“expenses 126,667 249,167 Total Current Assets 468,955 1,276,684 Investments held in Trust Account 400,574,581 400,249,491 TOTAL ASSETS $ 401,043,536 $ 401,526,175 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current liabilities—accounts”…
The clause …“there can be no assurance that the Company will be able to consummate any business combination by October 5, 2022. NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION Basis of Presentation The accompanying”…
The clause …“subsequent dissolution as well as the Company’s working capital deficit raise 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”…
The clause …“500,000,000 shares authorized; no shares issued or outstanding (excluding 40,000,000 shares subject to possible redemption) as of June 30, 2022 and December 31, 2021 — — Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares”…
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.
Percentage of Class Approximate Percentage AEA-Bridges Impact 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/2 · 100.0% of the $10 unit
from 424B3 0001193125-22-203740
Trading & liquidity
Company profile
Directors & officers
- REPLOGLE JOHN BDirector
- Serafeim GeorgiosDirector
- Garcia John LCo-Chief Executive Officer
- DeCillis Steven IIDirector
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
9 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.
- AEA-Bridges Impact Sponsor LLC19.9% · SC 13G/AFeb 8, 2022 stale
- MARSHALL WACE, LLP5.0% · SC 13GFeb 14, 2022 stale
- INTEGRATED CORE STRATEGIES (US) LLCwith 4 other reporting persons on the same schedule3.6% · SC 13G/AJan 27, 2022 stale
- GLAZER CAPITAL, LLCwith 1 other reporting person on the same schedule2.7% · SC 13G/AFeb 14, 2022 stale
- ADAGE CAPITAL PARTNERS GP, L.L.C.with 2 other reporting persons on the same schedule1.4% · SC 13G/AFeb 10, 2022 stale
- CITADEL ADVISORS LLCwith 5 other reporting persons on the same schedule0.0% · SC 13G/AFeb 14, 2023 stale
- Fort Baker Capital Management LPwith 2 other reporting persons on the same schedule0.0% · SC 13G/AFeb 14, 2023 stale
- Garcia John L0.0% · SC 13D/ASep 27, 2022 stale
- Empyrean Capital Partners, LPwith 2 other reporting persons on the same schedule0.0% · SC 13G/AFeb 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
38 full SEC filing texts archived — searchable, never lost.
- Vault note — IMPX (AEA-Bridges Impact Corp.)
vault-note · /vault/tickers/IMPX
- Vault deal note — LiveWire EV, LLC (IMPX)
vault-note · /vault/deals/livewire-ev-llc
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 trail5 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 EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 3751 (Motorcycles, Bicycles & Parts). The screen found it by filing SHAPE instead — S-1 2020-09-14 → 8-A12B 2020-09-30 → 424B4 2020-10-02 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 3751 + self-described blank check in 424B4 0001193125-20-262635; 424B 0001193125-20-262635 priced 2020-10-02 under S-1 0001193125-20-245263 (file 333-248785, an offering for cash); common ticker IMPX off 10-K 0001193125-21-100910 (2021-03-31); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-248785, which belongs to S-1 0001193125-20-245263 (2020-09-14) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2020-10-02). Ending PROVEN, not inferred: CLOSED per Form 25 0000876661-22-000792 (2022-09-27) — Form 25 filed under 17 CFR 240.12d2-2(a)(3) — the rule for securities that "have come to evidence other securities in substitution therefor", i.e. the shares became the successor's (class: Units, Class A Ordinary Shares, and Warrants); the successor registrant LiveWire Group, Inc. (LVWR, LVWR-WT) (CIK 0001898795) filed an 8-K carrying item 2.01 (Completion of Acquisition) naming "AEA-Bridges Impact Corp." — the SPAC merged into a new registrant and so filed no closing report of its own. 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.
sponsor "Percentage of Class Approximate Percentage AEA-Bridges Impact Sponsor LLC" sourced from prospectus definition (10-K/A) acc 0001193125-21-198599.
AI-extracted target (z-ai/glm-5.2, conf 0.95)
target recovered for a completed de-SPAC; no agreement-naming filing on file, so announcedAt is NULL rather than guessed
entity created from the filed target name; no About paragraph on file, so every other field awaits a sourced read