Omnichannel Acquisition Corp.
OCA · NYSE
NO ACTION REQUIRED
Nothing left to do
The cash went back to shareholders and the company wound up. 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 trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
In plain terms
- What it is
- A SPAC from Omnichannel Sponsor LLC, listed on NYSE in November 2020.
- What it's doing now
- It never completed a purchase. The company wound up and the cash in the account went back to shareholders — the ordinary ending when a SPAC runs out of time. No agreed deal for it is on file with us, so we cannot say whether one was ever announced and later fell through.
- What you should know
- This SPAC has finished. The cash was paid back to shareholders and the company wound up, so there is nothing left to claim — the money went where the charter said it would.
At a glance
- Where it stands
- Liquidated
- Deal
- none — it wound up and returned the cash instead
- Industry
- no filing we hold states a sector this SPAC restricted its search to
- Deal value
- no deal to value — it wound up instead
- 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
- 23 November 2020
- size not on file · 100.0% of each $10 unit into trust
- Headquarters
- FIRST FLOOR WEST, MILLBURN, NJ, 07078
- registered in Delaware
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- GLAZER PAUL J · Higgins Matt (Chief Executive Officer)
- Listed securities
- OCA 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 trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
What has happened, and what is coming
1 dated milestoneEvery 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.
- 23 November 2020IPOpassed
IPO size not on file
The score
deterministic, from filed fieldsOCA 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
Omnichannel Acquisition Corp. was a blank-check company whose common stock traded on the New York Stock Exchange under the ticker OCA. It priced its initial public offering on November 23, 2020, under SEC file number 333-249686, with shares registered for cash on S-1 accession 0001213900-20-033584 and priced pursuant to a 424B prospectus, accession 0001213900-20-038843. The registrant self-described itself as a blank-check company in that prospectus and carried SEC SIC industry code 6331. On May 19, 2022, the company filed a Form 8-K (accession 0001213900-22-028012) announcing that it would redeem all outstanding shares of Class A common stock effective as of the close of business on June 1, 2022, because it would not consummate an initial business combination within the period required by its Amended and Restated Certificate of Incorporation, thereby liquidating and returning trust cash to shareholders.
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.
The counterparty is identifiable from the facing page — Kin Insurance Inc. — but no registered amounts, consideration terms, meeting date or conditions can be taken from this extract. That is a limit of what was retrieved rather than a finding about the filing, and any figure for this version must be read from the full document.
The counterparty is identifiable as Kin Insurance Inc., but no registered amounts, consideration terms or meeting date can be read from this extract. Nothing quantitative should be attributed to this version.
The cover's construction matters and the document is explicit about it: the 95,520,858-share figure ALREADY INCLUDES the shares underlying the 5,268,816 warrants, so adding the warrant line to the share line would double-count. That is the opposite convention from most registrations in this slice, where the warrant-underlying shares are registered as a separate third line. Anyone comparing this deal's dilution against others must apply the same convention to both.
The cover's construction is explicit and unusual: the 95,520,858-share figure already includes the warrant-underlying shares, so adding the warrant line to it would double-count. Most registrations in this slice register the warrant-underlying shares as a separate third line, so a like-for-like comparison of dilution against other deals must reconcile the two conventions. The figure is identical to the following amendment, so it was fixed at this stage.
This is the earliest version in this series where the post-closing name is spelled out in full — Kin Holdings, Inc. The 95,520,858-share figure already includes the warrant-underlying shares, so the warrant line must not be added to it; that convention differs from most registrations in this slice and matters for any cross-deal dilution comparison. The figures are unchanged in the two amendments that follow.
The post-closing company's name as stated on this cover is Kin Insurance, Inc., and it is Kin Holdings, Inc. on the covers of the later amendments; the document does not explain the difference, and either should be cited only with the version it came from. The 95,520,858-share figure already includes the warrant-underlying shares, so the warrant line must not be added to it — a different convention from most registrations in this slice.
Show 1 more material filings
Item 1 says approximately $200,000,000 of net proceeds 'was not deposited into the Trust Account and was retained by us for working capital purposes'. The company retained $821,000; $200,000,000 is very nearly the whole trust, and the sentence as printed describes a vehicle with almost nothing in trust. The same section also puts deferred underwriting at $7,000,000 where the balance sheet says $7,227,500 - the $227,500 difference is exactly $0.35 on the 650,000 over-allotment units, so Item 1 was not updated after the over-allotment closed.
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 vs 2021-11-12trust $206.6M → $206.5M -0%
trust account, sponsor loans outstanding, combination deadline +21 moved · 4 with no prior record of ours
- Trust account
- $206.6M$206.5M
- Sponsor loans outstanding
- not previously extracted$790K
- Combination deadline
- 2022-05-24 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 20.6M · unchanged
SpacBrain reads this as $21,757 left the trust between the two filings.
The clause …“expenses 275,495 302,319 Total current assets 290,235 438,053 Investments held in Trust Account 206,541,294 206,554,632 Total Assets $ 206,831,529 $ 206,992,685 Liabilities, Class A Common Stock Subject to Possible Redemption and”…
The clause …“conversion price of $ 1.00 per warrant. As of March 31, 2022, the Company borrowed from the Sponsor the amount of $ 790,000 under the Sponsor Loan Commitment, which amount remains outstanding (see Note 4). 7 OMNICHANNEL ACQUISITION”…
The clause …“our ability to continue as a going concern. If we are unable to complete a business combination by May 24, 2022, then we will cease all operations except for the purpose of liquidating. No adjustments have been made to the carrying”…
The clause “ONSOLIDATED FINANCIAL STATEMENTS In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC Topic 205-40, “Presentation of Financial Statements - Going Concern,” management has determined that”…
The clause …“future events. Accordingly, as of March 31, 2022 and December 31, 2021, 20,650,000 shares of Class A common stock subject to possible redemption are presented at redemption value as temporary equity, outside of the stockholders’”…
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 2021-03-31trust $206.5M → $206.6M +0%going concern APPEAREDshares 19.5M → 20.6M +6%
trust account, going-concern doubt, redeemable shares +33 moved · 3 with no prior record of ours
- Trust account
- $206.5M$206.6M
- Going-concern doubt
- not statedstated
- Redeemable shares
- 19.5M20.6M
- Combination deadline
- not previously extracted2022-05-24
- Sponsor loans outstanding
- not previously extracted$650K
- Mandate language
- we intend to focus our search on “omnichannel” businesses — … · unchanged
SpacBrain reads this as $54,632 was added to the trust between the two filings.
The clause …“expenses 302,319 627,614 Total current assets 438,053 1,448,694 Investments held in Trust Account 206,554,632 206,498,802 Total Assets $ 206,992,685 $ 207,947,496 Liabilities, Class A Common Stock Subject to Possible Redemption and”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“to us on commercially acceptable terms, if at all. These conditions raise substantial doubt about our ability to continue as a going concern if a business combination is not consummated by May 24, 2022. Moreover, we may need to”…
SpacBrain reads this as 1,104,199 more shares carry a redemption right.
The clause …“future events. Accordingly, as of December 31, 2021 and December 31, 2020, 20,650,000 shares of Class A common stock subject to possible redemption are presented at redemption value as temporary equity, outside of the stockholders’”…
The clause …“to continue as a going concern. If the Company is unable to complete a Business Combination by May 24, 2022, then the Company will cease all operations except for the purpose of liquidating. No adjustments have been made to the”…
The clause …“at a conversion price of $1.00 per warrant. As of December 31, 2021, we borrowed from the Sponsor the amount of $650,000 under the Sponsor Loan Commitment, which amount remains outstanding (see Note 4). In connection with our”…
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.
Omnichannel Sponsor LLCnamed as sponsor in this SPAC’s filings — but with no researched track record behind it yet.
A missing score, not a score of zero — why
A Sponsor Score is only published once the sponsor’s prior vehicles have been verified on EDGAR and their post-close outcomes priced. That record does not exist for this sponsor yet, so no number and no tier is shown. That is a missing score, not a score of zero — and not a neutral 50 either.
Coverage so far: 301 of 1284 tracked SPACs (23%) are attached to a scored sponsor. This card fills in by itself as the research lands.
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
from 424B3 0001213900-22-001356
Trading & liquidity
Company profile
Directors & officers
- GLAZER PAUL J10% owner
- Higgins MattChief Executive Officer
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
7 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.
- Omnichannel Sponsor LLCwith 1 other reporting person on the same schedule20.0% · SC 13G/AFeb 11, 2022 stale
- Weiss Asset Management LPwith 2 other reporting persons on the same schedule7.5% · SC 13GFeb 11, 2022 stale
- GLAZER CAPITAL, LLCwith 1 other reporting person on the same schedule7.3% · SC 13GFeb 14, 2022 stale
- ICS OPPORTUNITIES, LTD.with 4 other reporting persons on the same schedule6.4% · SC 13G/AJan 20, 2022 stale
- Taconic Capital Advisors LPwith 6 other reporting persons on the same schedule5.7% · SC 13G/AFeb 10, 2023 stale
- Kepos Capital LPwith 1 other reporting person on the same schedule0.5% · SC 13G/AFeb 4, 2022 stale
- Vellar Opportunities Fund Master, Ltd.with 4 other reporting persons on the same schedule0.0% · SC 13G/AFeb 14, 2023 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.
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
39 full SEC filing texts archived — searchable, never lost.
- Vault note — OCA (Omnichannel Acquisition Corp.)
vault-note · /vault/tickers/OCA
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 trail2 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 EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 6331 (Fire, Marine & Casualty Insurance). The screen found it by filing SHAPE instead — S-1 2020-10-27 → 8-A12B 2020-11-19 → 424B4 2020-11-23 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 6331 + self-described blank check in 424B4 0001213900-20-038843; 424B 0001213900-20-038843 priced 2020-11-23 under S-1 0001213900-20-033584 (file 333-249686, an offering for cash); common ticker OCA off 8-K 0001213900-22-028012 (2022-05-19); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-249686, which belongs to S-1 0001213900-20-033584 (2020-10-27) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2020-11-23). Ending PROVEN, not inferred: LIQUIDATED per 8-K 0001213900-22-028012 (2022-05-19) — announced redemption of all public shares: “…will redeem all of its outstanding shares of Class A common stock, effective as of the close of business on June 1, 2022, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation. A copy of the press release is attac…”. 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 "Omnichannel Sponsor LLC" (SEC CIK 0001833136) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-20-038609.