Skip to main content
spacbrain

Nova Vision Acquisition Corp

NOVV · Nasdaq

Trust settledReal Messenger Holdings Limited · Finished

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 closing figure

No cash-per-share figure was filed for this vehicle before it finished.

Last close

no quote on file

Daily close

Nothing left to claim

this vehicle finished

There is nothing to hand back: holders who wanted cash elected it at the vote, and the rest became shares in the buyer.

Read what happened to the cash

The floor

Trust settled

This SPAC has finished — its trust was paid out or used to close the deal, so there is nothing left to redeem

Read the reasoning behind this verdict

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 Nova Pulsar Holdings Ltd, listed on Nasdaq in August 2021.
What it's doing now
It agreed in August 2024 to buy Real Messenger Holdings Limited, a Real estate technology platform company. The deal valued that business at about $64M. 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
Real Messenger Holdings Limited
Industry
Real estate technology platform / mobile app
Deal value
$64M
announced 19 August 2024
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
6 August 2021
size not on file · 101.0% of each $10 unit into trust
Headquarters
3 OCEAN WAY, SINGAPORE, U0, 098368
registered in the British Virgin Islands
Lead underwriter
not extracted from the prospectus yet
Key officers
WONG Eric Ping Hang (CEO & CFO) · NGAN Wing Ho (Director)
Listed securities
NOVV common
Cash held per sharenot filed for this window

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.

Next date that mattersno dated event on file

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.

  1. 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

2 dated milestones

Every 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.

  1. 6 August 2021IPOpassed

    IPO size not on file

  2. 19 August 2024Deal announcedpassed

    Combination with Real Messenger Holdings Limited

The deal

terms as filed

What it is buying, on what terms, and how much of the combined company new shares take from you.

The score

deterministic, from filed fields

NOVV 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.

Asymmetric return scoreNeither a price nor a cash-per-share figure is on file for this vehicle, and the score is a ratio between the two. Nothing is estimated to fill the gap.

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.

See the names that are scored, and how

The company

from SEC filings
Read the full profile

Nova Vision Acquisition Corp (Nasdaq: NOVV) was a blank-check company whose IPO was priced on August 6, 2021, according to a 424B prospectus. The company's common ticker NOVV appears on the cover page of an 8-K filed on November 8, 2024. Nova Vision Acquisition Corp is now closed, having completed a business combination and ceased to file. Its closure is established by a Form 25 filed on November 19, 2024, under 17 CFR 240.12d2-2(a)(3), reflecting that its ordinary shares, rights, warrants, and units came to evidence other securities in substitution therefor. The company is assigned SEC SIC industry code 6770 and SEC CIK 0001858028.

Material findings

from the full read of every filing

Every 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.

  • DEFM14A19 August 20240001493152-24-032955opens on sec.gov in a new tab

    The merger agreement has been amended six times — August 15 and October 27, 2023, then March 7, May 29, July 17 and August 13, 2024 — which is the signature of a deal repeatedly renegotiated to stay alive. Deleting Regulation 23.5(c) removes the restriction barring a redemption offer that would breach the net tangible asset floor, so redemptions can run unchecked. At closing, PubCo Class A shares equal to 20% of outstanding shares are reserved for the 2024 Equity Incentive Plan.

  • DEF 14A19 July 20240001493152-24-028436opens on sec.gov in a new tab

    The extension payment is capped at $15,000 a month, a nominal sum that adds almost nothing to the per-share trust value while the deadline slides another six months, so the redemption floor stays flat as time passes. The as-needed, month-to-month structure means the sponsor can stop paying and let the vehicle liquidate at any monthly boundary, giving public holders no assurance the full six months will be used. Redemption at the deposited trust value remains the reliable exit for anyone unwilling to wait on a deal that is not yet named.

  • DEF 14A13 July 20230001493152-23-024469opens on sec.gov in a new tab

    A flat $0.045 per unredeemed share each month is at the generous end of 2023 extension terms, adding roughly 0.45% of a $10 share monthly and about 54 cents over a full twelve months, so holders who wait are genuinely compensated here. The catch is the as-needed structure: insiders can stop paying at any monthly boundary and let the vehicle liquidate, so the twelve months are a ceiling rather than a commitment. Anyone comparing this with the company's later extension terms will see the per-share rate fall, which makes this vote the better-compensated one.

Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

  • 15-12G20 November 20240001493152-24-046946opens on sec.gov in a new tab
  • 25-NSE19 November 20240001354457-24-000879opens on sec.gov in a new tab
  • 10-Q18 November 20240001493152-24-046446opens on sec.gov in a new tab
    What changed vs 2024-08-14trust $18.7M → $3.4M -82%
    trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
    Trust account
    $18.7M$3.4M

    SpacBrain reads this as $15,358,660 left the trust between the two filings.

    The clause “4, we had cash outside our trust account of $18,488, working capital deficit of $3,362,330 and investments held in the Trust Account of $2,607,985. We intend to use substantially all of the net proceeds of the initial public offering,”…

    Combination deadline
    2025-02-10 · unchanged

    The clause …“may further extend the period five more times for one month each time up to February 10, 2025. If a Business Combination is not consummated by December 10, 2024 and an extension is not requested by the Sponsor, there will be a”…

    Going-concern doubt
    stated · unchanged

    The clause “14-15, “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”…

    Mandate language
    the Company intends to focus on that are in the PropTech, Fi… · unchanged

    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.

  • NT 10-Q14 November 20240001493152-24-045863opens on sec.gov in a new tab
  • SC 13G/A14 November 20240001326389-24-000175opens on sec.gov in a new tab
Show the other 10 filings
  • 8-K8 November 20240001493152-24-044281opens on sec.gov in a new tab
  • 8-K23 October 20240001493152-24-042135opens on sec.gov in a new tab
  • 8-K10 October 20240001493152-24-040653opens on sec.gov in a new tab
  • 8-K12 September 20240001493152-24-036046opens on sec.gov in a new tab
  • 8-K9 September 20240001493152-24-035389opens on sec.gov in a new tab
  • 8-K27 August 20240001493152-24-034018opens on sec.gov in a new tab
  • 42527 August 20240001493152-24-034021opens on sec.gov in a new tab
  • DEFA14A26 August 20240001493152-24-033816opens on sec.gov in a new tab
  • DEFM14A19 August 20240001493152-24-032955opens on sec.gov in a new tab

    What changed: Nova Vision Acquisition Corp issued definitive merger materials dated August 19, 2024, first mailed on or about August 20, for an extraordinary general meeting at 10:00 a.m. Eastern Time on September 10, 2024 held virtually by dial-in. Shareholders vote on a Redomestication Merger and an Acquisition Merger with Real Messenger Holdings Limited under the March 27, 2023 merger agreement, on issuing up to an aggregate 6,400,000 PubCo Ordinary Shares under Nasdaq rules, and on deleting Regulation 23.5(c) of the articles. Why it matters: The merger agreement has been amended six times — August 15 and October 27, 2023, then March 7, May 29, July 17 and August 13, 2024 — which is the signature of a deal repeatedly renegotiated to stay alive. Deleting Regulation 23.5(c) removes the restriction barring a redemption offer that would breach the net tangible asset floor, so redemptions can run unchecked. At closing, PubCo Class A shares equal to 20% of outstanding shares are reserved for the 2024 Equity Incentive Plan.

    outside datenothing moved · 1 with no prior record of ours
    Outside date
    2024-08-10 · unchanged

    The clause …“is hereby amended in its entirety to read as follows: “(i) on or after August 10, 2024 (the “ Outside Date ”), if the Acquisition Merger shall not have been consummated prior to the Outside Date; provided, however, that the right”…

    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.

  • 10-Q14 August 20240001493152-24-032382opens on sec.gov in a new tab
    What changed vs 2024-05-08trust $18.3M → $18.7M +2%deadline 2024-08-10 → 2025-02-10
    trust account, combination deadline, going-concern doubt +22 moved · 3 with no prior record of ours
    Trust account
    $18.3M$18.7M

    SpacBrain reads this as $446,907 was added to the trust between the two filings.

    The clause “73 Prepaid expenses 2,198 9,354 Total Current Assets 18,916 106,627 Investments held in trust account 18,720,990 17,832,576 TOTAL ASSETS $ 18,739,906 $ 17,939,203 LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS’ DEFICIT Current”…

    Combination deadline
    2024-08-102025-02-10

    SpacBrain reads this as 184 days later than the previous record.

    The clause …“may further extend the period five more times for one month each time up to February 10, 2025. If a Business Combination is not consummated by September 10, 2024 and an extension is not requested by the Sponsor, there will be a”…

    Going-concern doubt
    stated · unchanged

    The clause “14-15, “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”…

    Mandate language
    the Company intends to focus on that are in the PropTech, Fi… · unchanged
    Redeemable shares
    1.55Mnot matched in this filing

    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 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

Cash in trust at IPO$10.10

Unit: U = S + W + R/10 · 101.0% of the $10 unit

from 424B4 0001493152-21-018878

Trading & liquidity

Average daily volume (20d)no volume reported on the bars we hold
Average daily $ volumeneeds both volume and a live price
Range over the bars heldnot enough price history
Total cash in trustthe trust total is not in the last XBRL stamp

Company profile

Industry (SIC)Blank Checks (6770)
Registered inthe British Virgin Islands
Exchange · CIKNasdaq · 0001858028

All filings on EDGARopens on sec.gov in a new tab

Directors & officers

Institutional holders

from SC 13G/13D

Funds 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

10 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.

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 full

Every 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.

In plain English

tap a term to open it

Every 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 filings
Data 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.

NOVV — company record
UNIVERSE-HISTORY2026-08-16

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 0001493152-21-018878 priced 2021-08-06; common ticker NOVV off 8-K 0001493152-24-044281 (2024-11-08); lifecycle EXITED. Ending PROVEN, not inferred: CLOSED per Form 25 0001354457-24-000879 (2024-11-19) — 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: Ordinary share, right, 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-ID2026-08-14

sponsor "Nova Pulsar Holdings Ltd" (SEC CIK 0001877313) sourced from Form 3 reportingOwner (10% owner) acc 0001493152-21-019140.

Deal — Real Messenger Holdings Limited
DEAL-TARGET2024-08-19

AI-extracted target (z-ai/glm-5.2, conf 0.98)

BACKFILL2026-08-26

target recovered for a completed de-SPAC

PROFILE-STUB2026-08-26

entity created from the filed target name; no About paragraph on file, so every other field awaits a sourced read

Also listed inSPACs with rightsSPACs with warrants
Back to the screenerVault note