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CC Neuberger Principal Holdings I

PCPL · NYSE

Trust settledE2open Parent Holdings, Inc. · 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 CC Neuberger Principal Holdings I Sponsor LLC, listed on NYSE in April 2020.
What it's doing now
It agreed to buy E2open Parent Holdings, Inc.. 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
E2open Parent Holdings, Inc. — is the connected supply chain software platform that enables the world’s largest companies to transform the way they make, move, and sell goods and services.
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
27 April 2020
size not on file · 100.0% of each $10 unit into trust
Headquarters
14135 MIDWAY ROAD, ADDISON, TX, 75001
registered in Delaware
Lead underwriter
not extracted from the prospectus yet
Key officers
Joshi Pawan (Chief Strategy Officer) · Lohani Rachit (See Remarks) · Armstrong Marje (Chief Financial Officer)
Listed securities
PCPL 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

1 dated milestone

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. 27 April 2020IPOpassed

    IPO size not on file

The deal

terms as filed

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

  • E2open Parent Holdings, Inc.—
    closed
    Deal structureSEC-primary — BCA 8-K / S-4 / DEFM14A
    PIPE
    ≈ $520M · unsourced
    Min-cash condition
    $1.0B

    PIPE terms — instrument, coupon, conversion price and any reset floor — are not sourced for this deal. The size above is itself unsourced — a stored figure no filing we hold states — so neither the size nor the terms should be read as cited.

    stated in:0001104659-20-122680 opens on sec.gov in a new tab

The score

deterministic, from filed fields

PCPL 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

CC Neuberger Principal Holdings I was a special purpose acquisition company incorporated in Delaware and headquartered at 14135 Midway Road, Addison, Texas, formed as a blank-check vehicle for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The SPAC was sponsored by CC Neuberger Principal Holdings I Sponsor LLC, with ties to CC Capital Partners, LLC and Neuberger Berman Opportunistic Capital Solutions Master Fund LP, the latter of which entered into a Forward Purchase Agreement dated April 28, 2020 to purchase 5,000,000 Forward Purchase Warrants. The company priced its initial public offering on April 27, 2020, with units listed on the New York Stock Exchange under the ticker PCPL; each unit consisted of one share of common stock and one-third of one redeemable warrant, with $10.00 per unit placed in the trust account. The sponsor simultaneously purchased 10,280,000 Private Placement Warrants at $1.00 per warrant in a private placement. The business-combination deadline was set at 24 months from the IPO closing.

On October 14, 2020, CC Neuberger Principal Holdings I entered into a Business Combination Agreement with E2open Parent Holdings, Inc. and related merger entities, as amended on January 28, 2021. The transaction closed on February 4, 2021, at which point CCNB1 domesticated from the Cayman Islands into a Delaware corporation, and the successor entity began trading on the NYSE under the symbol ETWO. In connection with the combination, a PIPE investment raised approximately $300 million from investors including Insight Partners, Francisco Partners, and Temasek Parties. Following the closing, E2open, a supply chain management SaaS platform, completed the acquisition of BluJay Solutions for approximately $1.7 billion in September 2021. The SPAC's lifecycle concluded with the filing of Form 25 on August 4, 2025, after WiseTech Global completed its acquisition of E2open for $3.30 per share in cash, representing an enterprise value of approximately $2.1 billion.

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.

  • S-4/A6 January 20210001104659-21-001426opens on sec.gov in a new tab

    Part of the sponsor's stake is put behind a vesting condition rather than converted outright: of CCNB1's 15,350,000 Class B ordinary shares, 2,500,000 become Series B-1 common stock that converts into Class A only on meeting certain vesting criteria, while the rest convert alongside the 41,400,000 public shares into Class A. The 24,080,000 warrants are 13,800,000 public and 10,280,000 private placement warrants, exercisable at $11.50. The shares are priced at $10.08 for fee purposes, the NYSE average of the high and low on November 2, 2020.

  • S-4/A14 December 20200001104659-20-135307opens on sec.gov in a new tab

    What is registered is mostly the SPAC's own securities converting by operation of law at the Domestication: 41,400,000 public shares and 15,350,000 Class B ordinary shares become Class A common stock, except for 2,500,000 Class B shares that instead become Series B-1 stock, convertible into Class A only once vesting criteria are met. The 24,080,000 warrants are 13,800,000 public and 10,280,000 private placement warrants exercisable at $11.50. The $10.08 and $1.4751 used for the fee are NYSE prices from November 2, 2020, not deal terms.

  • S-49 November 20200001104659-20-122680opens on sec.gov in a new tab

    Most of what is registered is the SPAC's own securities converting by operation of law: 41,400,000 public shares and 15,350,000 Class B ordinary shares become Class A common stock at the Domestication, except that 2,500,000 Class B shares instead become Series B-1 stock, convertible into Class A only on meeting vesting criteria — so part of the sponsor's holding is put at risk rather than carried across intact. The 24,080,000 warrants comprise 13,800,000 public and 10,280,000 private placement warrants, exercisable at $11.50. Fee values are NYSE prices from November 2, 2020.

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.

Show the other 10 filings

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$10.00

Unit: U = S + W/3 · 100.0% of the $10 unit

from 424B3 0000950170-22-006703

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)Services-Computer Processing & Data Preparation (7374)
Registered inDelaware
Exchange · CIKNYSE · 0001800347

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

18 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.

News

company wires and the financial press

Reporting we have matched to this ticker. Headlines belong to the outlets that wrote them.

Show the headlines

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

33 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.

PCPL — company record
UNIVERSE-IPO-INDEX2026-08-17

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 7374 (Services-Computer Processing & Data Preparation). The screen found it by filing SHAPE instead — S-1 2020-03-06 → 8-A12B 2020-04-23 → 424B4 2020-04-27 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 7374 + self-described blank check in 424B4 0001047469-20-002609; 424B 0001047469-20-002609 priced 2020-04-27 under S-1 0001047469-20-001294 (file 333-236974, an offering for cash); common ticker PCPL off 8-K 0001104659-21-010932 (2021-02-02); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-236974, which belongs to S-1 0001047469-20-001294 (2020-03-06) — 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 2020-04-27). Ending PROVEN, not inferred: CLOSED per Form 25 0000876661-25-000550 (2025-08-04) — 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: Class A Common Stock). 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 "CC Neuberger Principal Holdings I Sponsor LLC" sourced from prospectus definition (10-K/A) — overrode a Form 3 entity owner that does not self-describe as sponsor acc 0000950170-22-005763.

NAME-REPAIR2026-08-31

"E2open Parent Holdings, Inc." is the registrant's CURRENT identity, adopted when the combination closed — EDGAR renames on the closing day, so the rename predates the ending we store and every date-based check cleared it; the vehicle traded as "CC Neuberger Principal Holdings I" per the COMPANY CONFORMED NAME in 424B4 0001047469-20-002609 filed 2020-04-27. §98

Deal — E2open Parent Holdings, Inc.
UNTAGGED

[CLOSED-RENAME] EDGAR CIK 0001800347 records "CC Neuberger Principal Holdings I" ending 2021-02-08; the registrant continues as "E2open Parent Holdings, Inc.". The rename is the SEC's own record of what the vehicle became, keyed by CIK. Closed 2021-02-08. No deal value is set — a rename says what was acquired, never for how much. 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. [DEAL-STRUCTURE-MINED] pipeSizeM=520, minCashM=1020 from primary filings (0001104659-20-122680).

PIPE2026-08-29

pipeBasis set to UNSOURCED: the size came from the research seed / an earlier record and no filing we hold states it — surfaces now label it "unsourced"; an LLM re-read to FILED replaces this when credits allow

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