LIGHTJUMP ACQUISITION CORP
LJAQ · Nasdaq
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 LIGHTJUMP ACQUISITION CORP / LightWave Acquisition Corp. (Bennett Robert Michael), listed on Nasdaq in January 2021.
- What it's doing now
- It agreed to buy Moolec Science Limited. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
- What you should know
- About 80% of the shares sold at listing have already been cashed in, leaving 2.8M. 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
- Moolec Science Limited
- Industry
- the deal record does not name the target's industry yet
- 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
- 12 January 2021
- size not on file · 100.0% of each $10 unit into trust
- Headquarters
- 2735 SAND HILL ROAD, MENLO PARK, CA, 94025
- registered in Delaware
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- KEYES JAMES W (Director) · Bennett Robert Michael (Chief Executive Officer) · Bunker William Whithorne JR (Chief Financial Officer)
- Listed securities
- LJAQ 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).
- 79.95% of the public shares were handed back at the 8 July vote — the holders who wanted cash rather than shares in the new company took it then.
What has happened, and what is coming
2 dated milestonesEvery 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.
- 12 January 2021IPOpassed
IPO size not on file
79.9% of the public float took the cash
The deal
terms as filedWhat it is buying, on what terms, and how much of the combined company new shares take from you.
- closedSEC primary
What Moolec Science Limited does — read from moolecscience.com on 26 August 2026
Moolec Science is a global company that produces animal proteins in plants to heal the meat production system. They use plants as bioreactors leveraging photosynthesis and traditional farming to create ingredients with enhanced organoleptic properties and nutrition. Their technology involves introducing animal genes into plant genomes. They operate an R&D industrial demo center with 10,000 tons/year capacity for producing soy texturized vegetable products.
Food IngredientsMolecular FarmingAgriculture
Who has already taken their money back
1 filed eventEach time shareholders were offered their cash back, some took it. Heavy cash-outs drain the account and shrink the number of shares left — whatever remains has to carry the deal.
Worst single event
79.95%
of the public float walked at a single vote
Shares redeemed, all events
11.03M
≈80% of the earliest known float
Every figure below is stated in the linked filing; nothing here is estimated.
- Jul 8, 2022Extension79.95%
The score
deterministic, from filed fieldsLJAQ 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 — 294 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
LIGHTJUMP ACQUISITION CORP was a Blank Checks company with SEC CIK 0001825437, listed on the Nasdaq Stock Market under the common ticker LJAQ. The company priced its initial public offering on January 12, 2021, per 424B prospectus 0001213900-21-001551. The common ticker LJAQ is printed on the cover page of 8-K 0001213900-22-083035, filed December 28, 2022. The vehicle's lifecycle is closed, having completed a business combination and no longer filing, as established by Form 25 0001354457-22-000811 filed on December 30, 2022, under 17 CFR 240.12d2-2(a)(3), where the Common Stock, Warrant, and Unit became the successor's securities.
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.
An advisor resigning from a live SPAC transaction and notifying the SEC is a rare and pointed signal — it is the kind of disclosure that usually precedes valuation or diligence problems, and LJAQ holders should weigh it heavily against the roughly $10.12 redemption alternative. With only 2,767,210 public shares left the vehicle is already largely redeemed, so the cash reaching Moolec is small. Warrant holders have no redemption right at all.
An initial $0.10 per share deposit is generous by 2022 standards, adding roughly 1% of a $10 share up front, with $0.033 a month thereafter, so holders who stay are meaningfully compensated for the six-month wait rather than merely delayed. The dollar caps of $600,000 and $200,000 bind once the float exceeds six million shares, above which the per-share rate falls. Redemption at pro rata trust value remains available regardless of how a holder votes, so the deposit terms are the price of staying rather than a constraint on leaving.
The reporting period ends more than three months before the IPO, so the cover-page count of 17,370,000 shares at March 1, 2021 has no counterpart on the balance sheet. The substance sits in subsequent events: the IPO of 12,000,000 units closed January 12, 2021 with $120,360,000 placed in trust, and the over-allotment on January 15, 2021 brought trust to $138,000,000, reported as $138,000,689 including about $689 of dividends at January 31, 2021. The deadline runs 18 months from January 12, 2021.
The clock is 18 months from the closing of this offering, not 24, and the prospectus states no extension mechanism on the cover: if no initial business combination is consummated in that time, 100% of the public shares are redeemed for a pro rata portion of the trust including interest not released to pay tax obligations. The warrant call is a single $18.00 regime at $0.01 per warrant on a minimum 30 days' notice, measured over any 20 trading days in a 30-trading-day period commencing after the warrants become exercisable, and only while a current registration statement is in effect.
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: LightJump Acquisition Corporation called a special meeting for December 27, 2022 at 10:00 a.m. Eastern time by live webcast on its Business Combination Agreement dated June 14, 2022 with Moolec Science SA and Holdco. Based on approximately $27,993,798 in the Trust Account on July 12, 2022 and 2,767,210 public shares outstanding, the estimated per-share redemption price would have been approximately $10.12. Warrants carry no redemption rights. The proxy discloses that Nomura Securities International resigned as exclusive financial advisor to Moolec effective April 27, 2022. Why it matters: An advisor resigning from a live SPAC transaction and notifying the SEC is a rare and pointed signal — it is the kind of disclosure that usually precedes valuation or diligence problems, and LJAQ holders should weigh it heavily against the roughly $10.12 redemption alternative. With only 2,767,210 public shares left the vehicle is already largely redeemed, so the cash reaching Moolec is small. Warrant holders have no redemption right at all.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- not previously extracted2022-07-12
SpacBrain reads this as the agreement may be terminated from 2022-07-12.
The clause …“Proposal shall be approved at a relevant SPAC Shareholders’ Meeting and (ii) July 12, 2022 (the “ Outside Date ”); provided , however , that this Agreement may not be terminated under this Section 10.01(b) by or on behalf of any Party”…
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 2022-08-15trust $138.2M → $138.0M -0%shares 13.8M → 2.77M -80%
trust account, redeemable shares, combination deadline +12 moved · 2 with no prior record of ours
- Trust account
- $138.2M$138.0M
- Redeemable shares
- 13.8M2.77M
- Combination deadline
- 2023-01-12 · unchanged
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $187,600 left the trust between the two filings.
The clause …“Inputs 2021 (Level 1) (Level 2) (Level 3) Assets: U.S. Money Market held in Trust Account $ 138,013,319 $ 138,013,319 $ — $ — Liabilities: Private Warrant Liability $ 2,198,205 $ — $ — 2,198,205 18 The Private Warrants were”…
SpacBrain reads this as 11,032,790 shares are no longer redeemable.
The clause …“authorized; 3,570,000 and 3,570,000 shares issued and outstanding (excluding 2,767,210 and 13,800,000 shares subject to possible redemption), as of September 30, 2022 and December 31, 2021, respectively 357 357 Additional paid-in”…
The clause “Company must consummate its initial business combination from July 12, 2022 to January 12, 2023 (the “Extension Combination Period”). On August 9, 2022, $276,721 was deposited into the Trust Account to fund the extension, which is”…
The clause …“sufficient to pay or provide for creditors’ claims. 10 These conditions raise substantial doubt about the Company’s ability to continue as a going concern through the liquidation date if a business combination is not consummated. These”…
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 2022-05-16trust $138.0M → $138.2M +0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $138.0M$138.2M
- Combination deadline
- not previously extracted2023-01-12
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 13.8M · unchanged
SpacBrain reads this as $175,297 was added to the trust between the two filings.
The clause “Prepaid expenses 221,788 19,030 Total current assets 227,210 156,193 Investment held in Trust Account 138,200,919 138,013,319 Total Assets $ 138,428,129 $ 138,169,512 Liabilities, Redeemable Common Stock, and Stockholders’ Deficit Current”…
The clause …“must consummate its initial business combination from July 12, 2022 to January 12, 2023. Stockholders holding 11,032,790 Public Shares exercised their right to redeem such shares for a pro rata portion of the funds in the Trust”…
The clause …“sufficient to pay or provide for creditors’ claims. These conditions raise substantial doubt about the Company’s ability to continue as a going concern through the next 12 months, if a business combination is not consummated. These”…
The clause “9,000,000 shares authorized; 3,570,000 shares issued and outstanding (excluding 13,800,000 shares subject to possible redemption), as of June 30, 2022 and December 31, 2021 357 357 Additional paid-in capital — — Accumulated deficit (”…
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.
Deal completion: 1/1 resolved vehicles closed a deal (100%); 0 liquidated, 0 terminated. No measured post-close outcome yet, so completion credit is NOT gated — missing data is never a penalty. Small sample — the shrink below keeps this near neutral.
Mixed record · low confidence
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 · 100.0% of the $10 unit
from 424B4 0001213900-21-001551
Trading & liquidity
Company profile
Directors & officers
- KEYES JAMES WDirector
- Bennett Robert MichaelChief Executive Officer
- Bunker William Whithorne JRChief Financial Officer
- Hamer AndrewDirector
- RICH JEFFREY 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
3 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.
- Linden Capital L.P.with 2 other reporting persons on the same schedule8.4% · SC 13G/AFeb 3, 2022 stale
- Saba Capital Management, L.P.with 1 other reporting person on the same schedule4.1% · SC 13G/AFeb 14, 2022 stale
- Feis Lawrence Michaelwith 1 other reporting person on the same schedule3.4% · SC 13G/AAug 18, 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.
News
company wires and the financial pressReporting we have matched to this ticker. Headlines belong to the outlets that wrote them.
Show the headlines
- Moolec Science, a Pioneer in Molecular Farming and Food
GlobeNewswireundated by the source
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
35 full SEC filing texts archived — searchable, never lost.
- Vault note — LJAQ (LIGHTJUMP ACQUISITION CORP)
vault-note · /vault/tickers/LJAQ
- Vault deal note — Moolec Science Limited (LJAQ)
vault-note · /vault/deals/moolec-science-limited
- Ihre Datenschutzeinstellungen
news · consent.yahoo.com
- Moolec Science - 2026 Company Profile & Team - Tracxn
news · tracxn.com
- Moolec :: Science in food ingredients
company-site · moolecscience.com
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 trail4 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 0001213900-21-001551 priced 2021-01-12; common ticker LJAQ off 8-K 0001213900-22-083035 (2022-12-28); lifecycle EXITED. Ending PROVEN, not inferred: CLOSED per Form 25 0001354457-22-000811 (2022-12-30) — 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: Common Stock, Warrant, Unit). 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 "LightJump One Founders LLC" (SEC CIK 0001836216) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-21-003052.
[CLOSED-2.01] SEC accession 0001213900-23-001451 (Form 8-K, item 2.01 Completion of Acquisition or Disposition of Assets); the cover's date of earliest event reported is 2022-12-30. That is the SEC's own date for this report and NOT necessarily the closing day — an 8-K may cover several events, and where the two differ the closing date is in the quoted sentence below. Target read STRUCTURALLY from the merger agreement's party list — the party that is neither the registrant (identified by the filing's own cover page) nor a merger sub (identified by the clause making it a subsidiary of another party) nor an accommodation party (identified by a "solely for purposes of" joinder), and it was the only one left. The sentence it was read from: "Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Trade and Companies' Register ( Registre de Commerce et des Sociétés, Luxembourg ) under number B268440 (" Holdco "), and Moolec Acquisition, Inc., a Delaware corporation (" Merger Sub ") was completed pursuant to the terms of the Business Combination Agreement, dated June 14, 2022 (as amended and/or restated from time to time, the " Business Combination Agreement " and the transaction contemplated thereby the " Transactions "), by and among LightJump, the Company, Holdco and Merger Sub." No deal value is set — an item-2.01 heading is not a figure. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists.
entity created from the filed target name; no About paragraph on file, so every other field awaits a sourced read