LCAA SEC filings, in plain English
Everything L Catterton Asia Acquisition Corp 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.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
What changed: L Catterton Asia Acquisition Corp scheduled an extraordinary general meeting for February 2, 2024 to approve the Agreement and Plan of Merger dated January 31, 2023, amended and restated October 11, 2023, with Lotus Technology Inc. Immediately after closing, and assuming no LCAA Class A holders redeem, existing LTC shareholders would own 78.07% of the outstanding LTC Ordinary Shares and LCAA Public Shareholders 3.13%. Each LCAA Class B ordinary share converts immediately before the First Effective Time, and the ballot includes an NTA Amendment. Why it matters: A best case of 3.13% ownership for public shareholders, before any redemptions, is the whole story: LCAA holders contribute the trust cash and receive a token stake while Lotus shareholders keep 78.07%. The NTA Amendment on the same ballot would remove the net tangible asset floor that otherwise blocks redemptions from hollowing the company out, so the two proposals together clear the path for the deal to close with minimal cash. Redemption preserves the trust value.
minimum cash conditionnothing moved · 1 with no prior record of ours
- Minimum cash condition
- not previously extracted$5.50B
SpacBrain reads this as the min-cash condition binds at $5,500,000,000.
The clause …“The parties agreed on, among other things, (i) a pre-money equity valuation of $5.5 billion, (ii) the inclusion of a covenant for Pre-Closing Financing, (iii) the minimum cash condition as proposed by LCAA (with any downward”…
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 2023-08-08sponsor loan $4.7M → $6.1M
sponsor loans outstanding, trust account, combination deadline +21 moved · 4 with no prior record of ours
- Sponsor loans outstanding
- $4.7M$6.1M
- Trust account
- $290.7M · unchanged
- Combination deadline
- 2024-03-15 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 21.8M · unchanged
SpacBrain reads this as the sponsor has advanced $1,463,435 more.
The clause “2022, respectively. As of September 30, 2023 and December 31, 2022, the Company owed the Sponsor $ 6,122,475 and $ 2,108,356 , respectively. The due to related party at September 30, 2023 is comprised of $ 3,572,419 in amounts owed”…
The clause …“Inputs 2022 (Level 1) (Level 2) (Level 3) Assets: U.S. Money Market held in Trust Account $ 290,664,460 $ 290,664,460 $ — $ — Liabilities: Public Warrants Liability $ 382,012 382,012 — $ — Private”…
The clause …“Combination Period up to nine times, by an additional month each time, up to March 15, 2024. However, if the Company is unable to complete a Business Combination during the Combination Period or during any extension period, the Company”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” the mandatory liquidation and subsequent dissolution, should the Company be unable to complete an initial business combination, raises”…
The clause …“value; 200,000,000 shares authorized; none issued and outstanding (excluding 21,783,622 and 28,650,874 shares subject to possible redemption) at September 30, 2023 and December 31, 2022, respectively — — Class B ordinary 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.
- What changed vs 2023-05-15sponsor loan $3.4M → $4.7M
sponsor loans outstanding, trust account, combination deadline +21 moved · 4 with no prior record of ours
- Sponsor loans outstanding
- $3.4M$4.7M
- Trust account
- $290.7M · unchanged
- Combination deadline
- 2024-03-15 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 21.8M · unchanged
SpacBrain reads this as the sponsor has advanced $1,305,737 more.
The clause “30, 2022, respectively. As of June 30, 2023 and December 31, 2022, the Company owed the Sponsor $ 4,659,040 and $ 2,108,356 , respectively. The due to related party at June 30, 2023 is comprised of $ 3,128,984 in amounts owed related to”…
The clause …“Inputs 2022 (Level 1) (Level 2) (Level 3) Assets: U.S. Money Market held in Trust Account $ 290,664,460 $ 290,664,460 $ — $ — Liabilities: Public Warrants Liability $ 382,012 382,012 — $ — Private”…
The clause …“Combination Period up to nine times, by an additional month each time, up to March 15, 2024. However, if the Company is unable to complete a Business Combination during the Combination Period or during any extension period, the Company”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” the mandatory liquidation and subsequent dissolution, should the Company be unable to complete an initial business combination, raises”…
The clause …“value; 200,000,000 shares authorized; none issued and outstanding (excluding 21,783,622 and 28,650,874 shares subject to possible redemption) at June 30, 2023 and December 31, 2022, respectively — — Class B ordinary 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.
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.