PAFO SEC filings, in plain English
Everything Pacifico Acquisition Corp. has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2022-08-12trust $58.2M → $58.9M +1%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $58.2M$58.9M
- Combination deadline
- not previously extracted2022-12-16
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 5.75M · unchanged
SpacBrain reads this as $793,609 was added to the trust between the two filings.
The clause …“Cash $ 11,892 $ 217,818 Prepaid expense 63,388 181,160 Marketable securities held in trust account 58,945,268 58,076,305 Total Current Assets 59,020,548 58,475,283 Total Assets $ 59,020,548 $ 58,475,283 LIABILITIES, REDEEMABLE COMMON”…
The clause …“time for Pacifico to complete the Business Combination by three months until December 16, 2022. It is uncertain that the Company will be able to consummate a Business Combination by this date. If a Business Combination is not”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern”, management has determined that if the Company is unable to complete a Business Combination within 15 months from the closing of the IPO, then”…
The clause …“of September 30, 2022, there were 1,745,000 shares of common stock (excluding 5,750,000 shares subject to possible redemption). Rights — Except in cases where the Company is not the surviving company in a Business Combination, each”…
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: Pacifico Acquisition Corp. issued a proxy dated November 9, 2022, mailed on or about November 10, for a special meeting on November 30, 2022 at 10:00 a.m. Eastern to approve its amended and restated merger agreement of August 15, 2022 with Caravelle International Group as PubCo. Merger consideration includes 50,000,000 PubCo shares; each Pacifico unit detaches and each unredeemed share of Pacifico common stock is cancelled for one PubCo ordinary share. Why it matters: The 50,000,000 PubCo shares issued as consideration dwarf what a $58.2 million trust can buy, so Pacifico's public holders will be a small minority of the combined company regardless of redemptions. At $10.14 the market price sits four cents above the $10.10 redemption value, so selling marginally beats redeeming, which is unusual and suggests some holders are pricing in deal upside. Redemption remains available whether a holder votes for the merger or not, so the cash floor is preserved for anyone who prefers it.
- What changed vs 2022-05-16trust $58.1M → $58.2M +0%
trust account, going-concern doubt, redeemable shares1 moved · 2 with no prior record of ours
- Trust account
- $58.1M$58.2M
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 5.75M · unchanged
SpacBrain reads this as $69,833 was added to the trust between the two filings.
The clause …“Cash $ 41,949 $ 217,818 Prepaid expense 52,390 181,160 Marketable securities held in trust account 58,151,659 58,076,305 Total Current Assets 58,245,998 58,475,283 Total Assets $ 58,245,998 $ 58,475,283 LIABILITIES, REDEEMABLE COMMON”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern”, management has determined that if the Company is unable to complete a Business Combination within 12 months from the closing of the IPO, then”…
The clause …“As of June 30, 2022, there were 1,745,000 shares of common stock (excluding 5,750,000 shares subject to possible redemption). Rights — Except in cases where the Company is not the surviving company in a Business Combination, each”…
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 2021-11-16trust $58.1M → $58.1M +0%going concern APPEARED
trust account, going-concern doubt, redeemable shares2 moved · 1 with no prior record of ours
- Trust account
- $58.1M$58.1M
- Going-concern doubt
- not statedstated
- Redeemable shares
- 5.75M · unchanged
SpacBrain reads this as $6,740 was added to the trust between the two filings.
The clause …“Cash $ 72,436 $ 217,818 Prepaid expense 116,776 181,160 Marketable securities held in trust account 58,081,826 58,076,305 Total Current Assets 58,271,038 58,475,283 Total Assets $ 58,271,038 $ 58,475,283 LIABILITIES, REDEEMABLE COMMON”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern”, management has determined that if the Company is unable to complete a Business Combination within 12 months from the closing of the IPO, then”…
The clause …“At December 31, 2021, there were 1,745,000 shares of common stock (excluding 5,750,000 shares subject to possible redemption). Rights — Except in cases where the Company is not the surviving company in a Business Combination, each”…
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.
minimum cash conditionnothing moved · 1 with no prior record of ours
- Minimum cash condition
- not previously extracted$4.0M
SpacBrain reads this as the min-cash condition binds at $4,000,000.
The clause …“Merger Agreement, (iii) no SPAC Material Adverse Effect, (iv) the available Minimum Cash Amount being at least $4 million, (v) SPAC obtaining executed counterparts to the Sponsor Support Agreement from all the Sponsors. Termination”…
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.
minimum cash conditionnothing moved · 1 with no prior record of ours
- Minimum cash condition
- $4.0M · unchanged
The clause …“Merger Agreement, (iii) no SPAC Material Adverse Effect, (iv) the available Minimum Cash Amount being at least $4 million, (v) SPAC obtaining executed counterparts to the Sponsor Support Agreement from all the Sponsors. Termination”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.