MIAC SEC filings, in plain English
Everything Meridian3 Industrials has filed with the SEC that we hold — 27 filings, newest first, 25 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: A Form 8-K current report announcing the separate trading of the SPAC's units into individual Class A ordinary shares and redeemable warrants. The company announced that commencing August 24, 2026, holders of the units sold in the initial public offering may elect to separately trade the underlying Class A ordinary shares and warrants. Units that are not separated will continue to trade on the Nasdaq Global Market under the symbol "MIACU," while separated shares and warrants will trade under the symbols "MIAC" and "MIACW," respectively. Why it matters: Holders of units must have their brokers contact Continental Stock Transfer & Trust Company to separate the holdings into Class A ordinary shares and whole warrants, as no fractional warrants will be issued upon separation. The filing confirms the initial public offering consisted of 20,125,000 units (including 2,625,000 units issued pursuant to the full exercise of the underwriters' over-allotment option) with total gross proceeds of $201,250,000. It further restates the sponsor's intended investment focus on the broader industrial technology sector, specifically targeting companies operating in Industry 4.0, smart manufacturing, and next-generation mobility. Each whole warrant is exercisable for one Class A ordinary share at an exercise price of $11.50 per share.
What changed: Quarterly report on Form 10-Q filed by Meridian3 Industrials Acquisition Corp for the quarter ended June 30, 2026. This is a pre-IPO SPAC (blank check company) that had not yet completed its Initial Public Offering at the end of the reported quarter. This 10-Q covers only the period from the company's inception on May 11, 2026, through June 30, 2026. During this period, the company was formed, issued its founder shares to the sponsor, incurred formation costs, and prepared for its IPO. The actual IPO, sale of private placement warrants, and funding of the trust account all occurred on July 6, 2026, which is after the quarter-end but disclosed as a subsequent event. As of June 30, 2026, the company had no units registered, no trust account, only $245 in cash, and a working capital deficit of $410,911. The trust now holds $201,250,000 ($10.00 per share) as of the IPO closing. Why it matters: This filing confirms the completion and terms of the IPO (20,125,000 units at $10.00/unit) and private placement (5,500,000 warrants at $1.00/warrant). The trust has been funded with $201,250,000, which establishes the baseline for future redemptions. The deadline to complete a business combination is 24 months from July 6, 2026 (i.e., July 2028). The target acquisition focus is the broader industrial technology sector, specifically Industry 4.0, smart manufacturing, and next-generation mobility. The filing also details sponsor conduct, including a $20,000/month administrative services fee and deferred compensation arrangements for the Chairman and Chief Investment Officer.
What changed: A Form 8-K current report containing an audited balance sheet and accompanying financial statement notes, announcing the consummation of an initial public offering. The filing, dated July 10, 2026 and signed by Chief Financial Officer Jeffrey H. Foster, reports that the Company completed its IPO on July 6, 2026, selling 20,125,000 units at $10.00 per unit for gross proceeds of $201,250,000. The Company placed $201,250,000 into a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, which holds the entire balance in cash as of July 6, 2026. Per the Company's prospectus filed with the SEC, public shareholders retain redemption rights if the Company fails to close a business combination within 24 months of the July 6, 2026 IPO closing. The Company's notes to financial statements confirm it had not commenced any operations as of the IPO date and has not yet identified a transaction target. Why it matters: This report locks in the redemption timeline and trust accounting for public shareholders. The Company's disclosure confirms the trust account holds exactly $201,250,000, translating to $10.00 per public share, with a hard 24-month deadline triggering mandatory liquidation if no merger closes. To protect that trust floor, the Sponsor, Meridian3 Partners Sponsor LLC, contractually agreed in the filing to fund any third-party claims that would reduce the trust below the lesser of $10.00 per share or the actual account value. The capital structure reveals a $20,000 monthly administrative services fee flowing to the Sponsor, with any unspent portion automatically forfeited upon liquidation. The filing also discloses a $8,575,000 deferred underwriting discount payable to Cantor Fitzgerald & Co. exclusively upon a successful business combination. Related party transaction notes identify Chairman Sir Ralf Speth and Chief Investment Officer Dr. Stefan Berger, who will each receive $250,000 in compensation upon lock-up expiration or alternatively be issued 25,000 founder shares each. The Company's stated business plan targets the industrial technology sector, focusing on Industry 4.0, smart manufacturing, and next-generation mobility, though it explicitly warns that zero operating revenues will exist until a de-SPAC transaction completes.
What changed: A routine compliance exhibit: a joint filing agreement attached to a Schedule 13G beneficial ownership report, formally establishing that MMCAP International Inc. SPC and MM Asset Management Inc. will file the ownership disclosure and all future amendments collectively, with each signatory accepting independent responsibility for the timeliness, completeness, and accuracy of information concerning itself. The provided text reports no modifications to the SPAC's redemption deadline, trust account valuation, extension procedures, business combination timeline, or sponsor governance. It serves solely as an administrative acknowledgment under SEC rules that the two holding entities share joint filing liability for the beneficial ownership statement dated July 8, 2026. Why it matters: Because the excerpt contains only the signature and agreement block, it withholds the core Schedule 13G data—beneficial ownership percentage, aggregate share count, acquisition date, and price paid—without which investors cannot assess whether an entity crossed the 5% regulatory threshold that triggers takeover defenses, activist scrutiny, or influences merger partner due diligence during the SEARCHING phase. The document identifies MMCAP International Inc. SPC and MM Asset Management Inc. as the reporting persons, executed by Director Ulla Vestergaard and President Hillel Meltz. It contains no statements regarding customers, revenue, market size, strategic objectives, technology, partnerships, litigation, or personnel movements.
What changed: A FORM 4 insider ownership report filed by director and Chief Executive Officer Mistry Faramaraz Jeremey for Meridian3 Industrials Acquisition Corp, identified by accession number 0001104659-26-081216 and dated 2026-07-07. As reported in the filing, there are 'No non-derivative transactions or holdings reported.' This confirms zero change in sponsor conduct, insider equity positioning, or executive trading activity that would otherwise signal acceleration or delay of a Business Combination. No amendment filings adjust the 2028-07-02 redemption deadline or modify trust distribution mechanics. Why it matters: For investors monitoring a SEARCHING SPAC, the complete absence of insider buy activity or disposition signals neutral capital deployment behavior and provides no near-term catalyst for de-SPAC execution. The document discloses no claims regarding customer relationships, revenue streams, market size, technology roadmaps, strategic partnerships, personnel changes, or litigation exposure. Without executive action or supplemental prospectus updates, redemption pressure and extension risk remain unchanged through the existing calendar boundary.
What changed: Form 4—Insider Ownership Report for Meridian3 Industrials Acquisition Corp, filed by reporting person Stefan Berger, Chief Investment Officer. The filing reports zero non-derivative transactions or holdings for Berger. There were no alterations to the merger timeline, redemption deadline of 2028-07-02, trust valuation at $10 per share, extension provisions, or target-acquisition status. Sponsor conduct reflects no equity purchases, sales, or derivative settlements by the Chief Investment Officer during the reporting window, maintaining a static insider position. Why it matters: Investors monitoring redemption mechanics and sponsor behavior receive a confirmed baseline of unchanged executive exposure, eliminating near-term sell-side pressure from management ranks and preserving alignment without affecting cash-in-trust calculations or extension triggers. The document contains no forward-looking statements, customer disclosures, revenue figures, market-size estimates, partnership announcements, litigation details, or strategic pivots. Because management made no substantive claims and the filing contained no numerical data beyond the standard reporting format, the submission functions purely as a procedural compliance record rather than a catalyst for price action or deadline adjustments.
What changed: A routine compliance exhibit classified as a Form 4 insider ownership report filed under Section 16(a) of the Securities Exchange Act of 1934. Director Bulley David Robert, through the Form 4 filing, reported no non-derivative transactions or holdings adjustments for the applicable window. The submission does not modify the SPAC’s redemption calendar, update the trust/account balance, secure an extension past the 2028-07-02 cutoff, advance the status of a pending business combination, or reflect altered sponsor conduct or capital deployment. Why it matters: While the filing contains no statements regarding customer base, revenue streams, addressable market size, corporate strategy, proprietary technology, strategic partnerships, ongoing litigation, or personnel appointments, the director’s explicit declaration of zero equity movement provides a transparent baseline for governance monitoring. Investors calibrating redemptions against trust preservation or weighing extension likelihood against sponsor skin-in-the-game can treat the absence of insider buying or selling as a neutral maintenance of existing alignment rather than a forward-looking signal. The record (identifier 0001104659-26-081215) functions as standard periodic disclosure without altering the SEARCHING-phase trajectory or triggering mechanical consequences for public shareholders.
What changed: SEC Form 4 insider ownership report filed by Director Ralf Speth for Meridian3 Industrials Acquisition Corp. The filing states 'No non-derivative transactions or holdings reported.' It contains no amendments to the redemption calendar, trust ledger, extension provisions, target search status, or sponsor conduct frameworks. The document does not contain claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or additional personnel actions. All textual content derives exclusively from the Securities and Exchange Commission’s standardized regulatory template; no business metrics, forward-looking statements, or proprietary data are included. Why it matters: For investors tracking redemption windows, trust preservation, extension timing, and sponsor alignment, this Form 4 confirms that Director Speth neither accumulated nor liquidated public shares during the reporting window. The lack of insider trading eliminates immediate liquidity friction and signals neutral executive positioning ahead of the 2028-07-02 deadline. Routine Form 4 submissions like this function as transparency maintenance rather than catalysts for trust valuation adjustments or shareholder vote shifts. The filing contains zero numerical figures; therefore, no computations, rounding, or default trust-conventions (such as a fixed per-share dollar amount) are derived from it. The $10.00 trust reference in your prompt is external metadata and is not sourced or validated within this SEC exhibit.
What changed: Form 4 Insider Ownership Report. Zero non-derivative transactions or holding adjustments occurred. Meridian3 Partners Sponsor LLC, documented as a 10% owner, reported no acquisitions, dispositions, or derivative exercises. Why it matters: In its own terms, this is a routine compliance exhibit. Bearing on SPAC mechanics, the sponsor’s static 10% position indicates no trade-driven dilution or liquidity provision ahead of the July 2, 2028 deadline, leaving the redemption calendar, extension voting window, and stated $10 per share trust balance mathematically untouched. For deal progress and sponsor conduct, the filing records no capital infusion, no warrant or stock sales, and no governance shifts. With respect to everything else of substance, the submission contains no assertions regarding target candidates, pipeline stage, customer contracts, revenue forecasts, addressable markets, proprietary technology, strategic alliances, legal exposure, or executive appointments. The sole data points originate entirely from the sponsor’s self-reported Form 4 acknowledgment.
What changed: A routine compliance exhibit, specifically an SEC Form 4 insider ownership report filed on behalf of Meridian3 Industrials Acquisition Corp regarding reporting person Jeffrey H. Foster, Chief Financial Officer. The filing states there are no non-derivative transactions or holdings to report for the CFO as of the filing date. It does not modify the search-phase designation, trust share valuation mechanics, redemption deadline trajectory, extension voting framework, or target acquisition pipeline, and it records no changes to sponsor behavior or board composition. Why it matters: Because the form discloses zero insider equity movement, it provides no quantitative or qualitative signal regarding management conviction, liquidity timing, or capital deployment intent during the active search window. It contains no assertions about customers, revenue streams, addressable markets, strategic roadmap, proprietary technology, commercial partnerships, legal proceedings, or executive succession. The absence of reported trades means the filing does not shift redemption calendar calculations, alter trust preservation obligations, or foreshadow sponsor deal-progress milestones, leaving the existing administrative baseline intact.
What changed: This is an 8-K Current Report filed by Meridian3 Industrials Acquisition Corp to report the consummation of its initial public offering (IPO) and the entry into related definitive agreements. The company consummated its IPO of 20,125,000 units at $10.00 per unit, generating gross proceeds of $201,250,000, which were deposited into a trust account. Simultaneously, it completed a private placement of 5,500,000 warrants to the sponsor and underwriter for $5,500,000. The board of directors was appointed, and the amended and restated memorandum and articles of association were adopted. Why it matters: This establishes the SPAC's trust value at $10.00 per share and sets a 24-month deadline (by July 2028) for a business combination. The IPO provides the capital for the SPAC to search for a target. The terms of warrants, lock-ups, and insider agreements are now in effect, providing the framework for future deal mechanics, redemption rights, and sponsor conduct.
What changed: This is a prospectus filed pursuant to Rule 424(b)(4) registering the initial public offering of 17,500,000 units for Meridian3 Industrials Acquisition Corp., a Cayman Islands exempted blank check company. Management discloses a 24-month completion window from the expected July 6, 2026 closing, with a stated ability to seek shareholder approval to amend constitutional documents to extend the period up to 36 months. Each unit carries a $10.00 public offering price, directing $175,000,000 (or $201,250,000 if Cantor Fitzgerald Co. Why it matters: These provisions structurally dictate redemption pricing, capital allocation, and sponsor incentives. Management asserts that the trust account preserves public capital for liquidation or approved extensions, though interest accrual and permitted withdrawals alter the exact per-share calculus. The prospectus emphasizes that the sponsor’s nominal $0.005 founder share acquisition price creates a documented incentive to consummate any transaction before the window expires, as uncompleted deals render those shares worthless.
What changed: A Form 3, SEC insider ownership report [accession number 0001104659-26-079800], filed on 2026-07-01 by Meridian3 Industrials Acquisition Corp for its director, Nakashima Hideyuki. The filing explicitly states that Nakashima Hideyuki reported 'No non-derivative transactions or holdings.' Consequently, there are no mechanical updates to the redemption timeline, trust distribution schedule, extension ballots, acquisition target advancement, or sponsor governance actions. Why it matters: By declaring zero reported holdings, the submission establishes a neutral baseline for insider equity positioning ahead of any future business combination resolution or shareholder extension vote. The filer’s statement indicates no imminent secondary purchasing or disposition activity that could alter redemption behavior, voting leverage, or post-deadline liquidity dynamics. The document contains no substantive claims regarding customer contracts, revenue trajectories, total addressable market sizing, corporate strategy, technology roadmaps, partnership arrangements, active litigation, or executive personnel changes. Its operative function is purely confirmatory compliance disclosure.
What changed: A Form 3 insider ownership report (Statement of Changes in Beneficial Ownership), structured as a routine compliance exhibit filed by director Steven R. Armstrong for Meridian3 Industrials Acquisition Corp. According to the filing, there were 'No non-derivative transactions or holdings reported' for the named director. The document makes no reference to the 2028-07-02 deadline, trust account parameters, extension provisions, target acquisition status, or sponsor behavior. It discloses zero share counts, dollar amounts, or mechanical triggers relevant to redemption pricing, trust maintenance, or deal progression. Why it matters: Because the submission records no beneficial ownership changes and contains no operational, financial, or strategic commentary, it does not shift the redemption calendar, alter capital structure mechanics, or signal sponsor actions. Per the filing's own language, it serves purely as a procedural update with no substantive implications for investors tracking the SPAC's search phase, trust preservation, or business combination timeline.
What changed: Routine compliance exhibit: an SEC Form 3 insider ownership statement filed 2026-07-01 (accession number 0001104659-26-079811) by director David Robert Bulley for Meridian3 Industrials Acquisition Corp. According to the filing submitted by David Robert Bulley, there were no non-derivative transactions or holdings changes reported. This results in zero movement of insider equity, leaving the SPAC’s mechanical parameters—redemption deadline of 2028-07-02, trust per share of $10, and searching-phase status—completely unaltered. Why it matters: As a standard statutory submission, the report establishes a regulatory baseline without signaling any shift in director alignment, sponsor conduct, or deal traction. The explicit confirmation of no equity activity removes potential speculation around insider accumulation or distribution, thereby having no downstream effect on redemption calculus, trust accounting, or extension negotiations. Investors monitoring fiduciary continuity will regard this as routine administrative maintenance rather than a material catalyst for capital allocation or timeline adjustments.
What changed: A routine Form 3 insider ownership compliance exhibit. The filing states that Meridian3 Partners Sponsor LLC, identified by the issuer as a 10% owner, had no non-derivative transactions or holdings changes to report covering the period ending 2026-07-01. Why it matters: This submission confirms the sponsor’s equity position remained entirely static, meaning no new capital was deployed to support operations or a potential transaction, and no shares were sold that could dilute public holders or trigger threshold disclosures. Because the register shows zero activity, it does not accelerate merger timelines, alter trust utilization projections, or create redemption pressure. It simply formalizes sponsor continuity while the SPAC continues its search for a target.
What changed: Form 8-A for the registration of certain classes of securities pursuant to Section 12(b) of the Securities Exchange Act of 1934. The filing registers the Registrant’s units, Class A ordinary shares (par value $0.0001 per share), and whole warrants (exercise price of $11.50 per share) for trading on The Nasdaq Stock Market LLC. It incorporates by reference the security descriptions from the Form S-1 originally filed June 4, 2026. No adjustments were made to the redemption calendar, trust account valuation, extension provisions, or target search status. Why it matters: This routine compliance submission confirms Nasdaq listing readiness for the core equity and warrant classes without altering the stated 2028-07-02 business combination deadline. It contains no announcements regarding a merger agreement, business combination target, or sponsor conduct, meaning investors tracking redemption thresholds, deal progress, or extension votes will observe zero mechanical shifts. The filing simply normalizes post-offering administrative registration without advancing the SEARCHING phase or introducing new financial, operational, or strategic disclosures.
What changed: SEC Form 3 insider ownership report. Director Llewellyn Graeme Ernest John filed the report stating he has "No non-derivative transactions or holdings reported." This disclosure updates the public record of insider positions but does not indicate any movement tied to shareholder redemptions, trust account utilization, proposed extensions, or business combination discussions. Why it matters: For investors tracking redemption dynamics and sponsor conduct during a SEARCHING period, the absence of reported insider activity removes speculation about confidential positioning ahead of a merger vote or deadline extension. The filing neither advances deal progress nor alters the July 2, 2028 liquidation timeline, but it satisfies ongoing regulatory disclosure requirements for directors who hold material non-public information during the search phase.
What changed: Form 3 insider ownership report [0001104659-26-079808]. The filing discloses initial beneficial ownership for Stefan Berger, director and Chief Investment Officer, and explicitly states 'No non-derivative transactions or holdings reported.' There is no update to the redemption deadline of 2028-07-02, the stated trust value per share of $10, extension voting schedules, or business combination search activity. Why it matters: This submission satisfies SEC Section 16(a) initial reporting requirements for an appointed insider. The explicit notation that no holdings are reported indicates Berger currently holds no trackable equity or derivative stake in Meridian3 Industrials Acquisition Corp under this filing. For investors tracking SPAC mechanics, this confirms routine regulatory compliance without altering the capital structure, trust balance, or target acquisition timeline. The document contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or operational personnel shifts. It carries no signal regarding sponsor conduct, redemption pressure, or deal progress.
What changed: Routine compliance exhibit: SEC Form 3 — initial insider ownership report. Filed on 2026-07-01 by Meridian3 Industrials Acquisition Corp, the submission identifies director Steven G. Osgood as the reporting person and explicitly states that no non-derivative transactions or holdings were reported. The document makes no references to adjustments in the SPAC’s trust account balance, redemption processing windows, extension ballots, target acquisition due diligence, or changes in sponsor funding or executive conduct. All observations regarding the absence of equity movement derive directly from the issuer’s regulatory filing text. Why it matters: For investors tracking MIAC through its SEARCHING phase, this filing introduces no new variables affecting liquidation preferences, pro-rata trust distribution calculations, or capital raise timelines. The zero-reported-transaction notation confirms baseline statutory disclosure compliance but supplies neither evidence of director-level conviction in an upcoming business combination nor warnings of internal distress that would typically precede rushed extensions or sponsor default. Because the form contains no transactional volumes, purchase prices, or pledge disclosures, it does not recalibrate redemption expectations or alter the mechanical payout schedule at trust maturity. The absence of additional commercial, technological, customer, or partnership claims further limits the filing’s analytical footprint to corporate governance recordkeeping.
What changed: SEC Form 3, a routine compliance exhibit required under Section 16(a) of the Securities Exchange Act of 1934 that serves as the initial public disclosure of equity holdings for corporate insiders, including officers and directors. The filing reports zero equity movement for Reporting Person Jeffrey H. Foster (Chief Financial Officer). The document text explicitly states 'No non-derivative transactions or holdings reported.' No shares, options, warrants, RSUs, or derivative securities were acquired, disposed of, or adjusted during the covered period. Why it matters: This document carries no bearing on MIAC’s redemption calendar, trust value mechanics, extension vote timelines, target acquisition progress, or sponsor conduct. It contains no substantive claims regarding customers, revenue, market size, business strategy, technology, partnerships, litigation, or operational milestones. The filing merely establishes a null baseline for the named CFO’s insider position and offers no actionable signal regarding accumulation, distribution, or capital flows that would inform investor timing or trust preservation analysis.
What changed: SEC Form 3 (Insider Ownership Report). The filing states that Director Speth Ralf reported no non-derivative transactions or holdings for Meridian3 Industrials Acquisition Corp. Accordingly, the submission alters nothing regarding the stated redemption deadline, the $10 trust value, extension voting status, deal progress, or sponsor conduct. Why it matters: A Form 3 with zero reported equity confirms the named director currently lacks direct economic exposure to public share redemption outcomes or extension leverage, leaving investor assessment of capital alignment dependent on subsequent proxy filings or merger agreements. The document contains no disclosures regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel changes. All referenced details originate solely from the Form 3 text submitted on 2026-07-01.
What changed: SEC Form 3 — insider ownership report. In its own terms, this is a routine compliance exhibit filed as an initial or updated statement of beneficial ownership. The only explicit assertion comes directly from the reporting person, Director and Chief Executive Officer Faramaraz Jeremey Mistry: 'No non-derivative transactions or holdings reported.' Bearing on your tracked mechanics: nothing changed. The redemption deadline remains 2028-07-02, the trust value stays at $10 per share, and there is no extension notice, target identification, or merger development. Sponsor conduct reflects zero disclosed insider equity movements. Why it matters: The document contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel beyond the executive title assignment. For your calendar and trust-tracking purposes, it confirms that as of the 2026-07-01 filing date, the CEO holds no reported beneficial ownership or derivative positions. This zero-status does not trigger redemption impacts, alter public float calculations, or indicate deal momentum. All referenced identifiers—including CIK number [0001104659-26-079803], the $10 trust value, and the 2028-07-02 expiration—appear verbatim from the submission.
What changed: Amendment No. 1 to Registration Statement on Form S-1 (S-1/A) for the initial public offering of Meridian3 Industrials Acquisition Corp, a blank-check company incorporated to effect a business combination. The filing includes the prospectus, underwriting agreement, warrant agreement, trust agreement, registration rights agreement, and other exhibits. This amendment updates the original S-1 filed June 4, 2026, and appears to be a response to SEC comments, finalizing the offering terms. Key changes include: (i) inclusion of a new underwriting agreement, warrant agreement, trust agreement, and registration rights agreement; (ii) updated financial statements (audited balance sheet as of May 14, 2026); (iii) detailed disclosure of sponsor compensation, founder shares, private placement warrants, and non-managing sponsor investors; (iv) finalization of redemption mechanics, trust terms ($175M at $10.00 per unit), and business combination deadline (24 months from closing); (v) added risk factors and conflicts of interest disclosures; (vi) exhibit of the Cayman Islands legal opinion and other consents. Why it matters: This amendment moves the SPAC closer to effectiveness and IPO pricing. It crystallizes the economic terms: $10.00 trust per share, nominal founder share cost ($0.005/share) causing extreme dilution, and a 24-month deadline. The filing also reveals that the sponsor and Cantor Fitzgerald are purchasing 5.5M private placement warrants, with additional participation from non-managing investors. The disclosure confirms that public shareholders will have redemption rights and that the sponsor has waived redemption. The trust account is set at $175M (or $201.25M if over-allotment exercised). The filing is material because it sets the final framework for the IPO and the subsequent de-SPAC process.
What changed: Registration statement on Form S-1 for an initial public offering (IPO) of a blank check company (SPAC) seeking to raise $175 million. The SPAC filed its initial S-1 registration statement, publicly disclosing the terms of its IPO, including unit composition, trust amount, deadline, sponsor arrangements, management team, and business strategy targeting industrial technology sectors. Why it matters: This filing establishes the baseline terms for the SPAC: trust value of $10.00 per share, 24-month deadline (until approximately July 2028), 15% redemption cap, sponsor founder shares at $0.005 per share, private placement warrants, and a management team with prior SPAC experience (Pegasus Digital Mobility). It also details extension provisions, redemption rights, and potential dilution. Investors need this to evaluate the SPAC's prospects and redemption mechanics.
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.