LATN SEC filings, in plain English
Everything Union Acquisition Corp. II has filed with the SEC that we hold — 40 filings, newest first, 1 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: Union Acquisition Corp. II issued definitive merger materials for an extraordinary general meeting at 9:00 a.m., Eastern time, on September 22, 2021, held virtually with the offices of Linklaters LLP in New York as the physical location its articles require. Under the business combination agreement dated March 31, 2021, OZLEM Limited merges into the SPAC, which survives as a direct wholly owned subsidiary of Procaps Group, S.A., a Luxembourg public limited company, and SPAC ordinary shares are exchanged for Holdco ordinary shares. Why it matters: A Union holder ends up in a Luxembourg company sitting over a Maltese operating group, and the shares change denomination on the way: SPAC ordinary shares of $0.0001 par value are exchanged for Holdco ordinary shares of $0.01 nominal value, issued through a share capital increase of Holdco rather than out of existing stock. Warrants entitling the holder to purchase one SPAC ordinary share are dealt with in the same Merger. The chain runs Procaps to Holdco to Merger Sub, so the target's own parent is the acquirer of record.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- not previously extracted2021-10-15
SpacBrain reads this as the agreement may be terminated from 2021-10-15.
The clause …“Effective Time shall not have occurred prior to 5:00 p.m. (New York time) on October 15, 2021 (the “ Outside Date ”); provided , however , that this Agreement may not be terminated under this Section 10.01(b) by or on behalf of any”…
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.
- What changed vs 2021-06-11trust $201.3M → $137.2M -32%shares 20.0M → 13.6M -32%
trust account, redeemable shares, combination deadline +32 moved · 4 with no prior record of ours
- Trust account
- $201.3M$137.2M
- Redeemable shares
- 20.0M13.6M
- Combination deadline
- 2021-10-22 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $175Knot matched in this filing
- Mandate language
- the Company intends to focus its search for a target busines… · unchanged
SpacBrain reads this as $64,090,716 left the trust between the two filings.
The clause …“expenses 41,100 96,472 Total Current Assets 43,226 1,052,272 Investments held in Trust Account 137,245,382 201,323,339 TOTAL ASSETS $ 137,288,608 $ 202,375,611 LIABILITIES AND SHAREHOLDERS’ (DEFICIT) EQUITY Current liabilities”…
SpacBrain reads this as 6,446,836 shares are no longer redeemable.
The clause …“authorized; 5,000,000 and 7,826,894 shares issued and outstanding (excluding 13,553,164 and 17,173,106 shares subject to possible redemption) as of June 30, 2021 and September 30, 2020, respectively 500 783 Additional paid-in capital —”…
The clause …“shareholders approved extending the Combination Period from April 22, 2021 to October 22, 2021 (the “Extension Date”). In connection with the approval of the extension, shareholders elected to redeem an aggregate of 6,446,836 ordinary”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined that the liquidity condition and date for mandatory liquidation and dissolution raise substantial doubt about 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.
- What changed vs 2021-02-16trust $201.3M → $201.3M -0%deadline 2021-04-22 → 2021-10-22shares 19.7M → 20.0M +2%
trust account, combination deadline, redeemable shares +33 moved · 3 with no prior record of ours
- Trust account
- $201.3M$201.3M
- Combination deadline
- 2021-04-222021-10-22
- Redeemable shares
- 19.7M20.0M
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $175K · unchanged
- Mandate language
- the Company intends to focus its search for a target busines… · unchanged
SpacBrain reads this as $3,877 left the trust between the two filings.
The clause “72 96,472 Total Current Assets 364,124 1,052,272 Cash and marketable securities held in Trust Account 201,336,098 201,323,339 TOTAL ASSETS $ 201,700,222 $ 202,375,611 LIABILITIES AND SHAREHOLDERS’ (DEFICIT) EQUITY Current liabilities -”…
SpacBrain reads this as 183 days later than the previous record.
The clause …“shareholders approved extending the Combination Period from April 22, 2021 to October 22, 2021 (the “Extension Date”). In connection with the approval of the extension, shareholders elected to redeem an aggregate of 6,446,836 ordinary”…
SpacBrain reads this as 297,081 more shares carry a redemption right.
The clause …“authorized; 5,000,000 and 7,826,894 shares issued and outstanding (excluding 20,000,000 and 17,173,106 shares subject to possible redemption) at March 31, 2021 and September 30, 2020, respectively 500 783 Additional paid-in capital —”…
The clause “05-40, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined that the mandatory liquidation and subsequent dissolution, should the Company be unable to complete a business”…
The clause “Company determined not to proceed with the Initial Public Offering. The Company borrowed $175,000 under the Promissory Note and fully repaid the balance during the three months ended December 31, 2019. Support Services The Company entered”…
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.
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.