PIPP SEC filings, in plain English
Everything Pine Island 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.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2022-05-17trust $218.3M → $218.5M +0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $218.3M$218.5M
- Combination deadline
- 2022-11-19not matched in this filing
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 21.8M · unchanged
SpacBrain reads this as $174,151 was added to the trust between the two filings.
The clause …“ 175,489 407,989 Total current assets 304,270 424,410 Investments held in Trust Account 218,514,750 218,445,931 Total Assets $ 218,819,020 $ 218,870,341 Liabilities, Class A Common Stock Subject to Possible”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern through November 19, 2022. These accompanying unaudited condensed financial”…
The clause …“of uncertain future events. Accordingly, as of Initial Public Offering, 21,838,800 shares of Class A common stock subject to possible redemption are presented at redemption value as temporary equity, respectively, outside of the”…
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 2021-11-22trust $218.4M → $218.3M -0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $218.4M$218.3M
- Combination deadline
- not previously extracted2022-11-19
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 21.8M · unchanged
SpacBrain reads this as $102,287 left the trust between the two filings.
The clause …“ 291,739 407,989 Total current assets 337,980 424,410 Investments held in Trust Account 218,340,599 218,445,931 Total Assets $ 218,678,579 $ 218,870,341 Liabilities, Class A Common Stock Subject to Possible”…
The clause …“to any other provision relating to stockholders’ rights or pre-initial business combination activity; or (iii) absent an initial business combination prior to November 19, 2022 or during any extension period, our return of the”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern through November 19, 2022. These accompanying unaudited condensed financial”…
The clause …“of uncertain future events. Accordingly, as of Initial Public Offering, 21,838,800 shares of Class A common stock subject to possible redemption are presented at redemption value as temporary equity, respectively, outside of the”…
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 2021-04-05trust $218.4M → $218.4M +0%shares 20.7M → 21.8M +6%
trust account, redeemable shares, combination deadline +22 moved · 3 with no prior record of ours
- Trust account
- $218.4M$218.4M
- Redeemable shares
- 20.7M21.8M
- Combination deadline
- 2022-11-19 · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- we intend to target businesses larger than we could acquire … · unchanged
SpacBrain reads this as $43,371 was added to the trust between the two filings.
The clause …“ 407,989 875,684 Total current assets 424,410 1,279,559 Investments held in Trust Account 218,445,931 218,402,560 Total Assets $ 218,870,341 $ 219,682,119 Liabilities, Class A Common Stock Subject to”…
SpacBrain reads this as 1,159,566 more shares carry a redemption right.
The clause …“of uncertain future events. Accordingly, as of Initial Public Offering, 21,838,800 shares of Class A common stock subject to possible redemption are presented at redemption value as temporary equity, respectively, outside of the”…
The clause …“including our initial business combination. If we do not complete our initial business combination by November 19, 2022 or during any Extension Period, the private placement warrants will expire worthless. The private placement warrants”…
The clause …“accounting firm's report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.” 2 Table of Contents PART I Item 1. Business. In this Annual Report on Form 10-K (the”…
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 2021-08-16trust $218.4M → $218.4M +0%shares 19.2M → 21.8M +14%
trust account, redeemable shares, going-concern doubt2 moved · 1 with no prior record of ours
- Trust account
- $218.4M$218.4M
- Redeemable shares
- 19.2M21.8M
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $3,137 was added to the trust between the two filings.
The clause …“ 514,239 875,684 Total current assets 524,192 1,279,559 Investments held in Trust Account 218,442,886 218,402,560 Total Assets $ 218,967,078 $ 219,682,119 Liabilities, Class A Common Stock Subject to Possible”…
SpacBrain reads this as 2,646,921 more shares carry a redemption right.
The clause …“of uncertain future events. Accordingly, as of Initial Public Offering, 21,838,800 shares of Class A common stock subject to possible redemption are presented at redemption value as temporary equity, respectively, outside of the”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern through November 19, 2022. These accompanying unaudited condensed financial”…
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 2021-07-01trust $218.4M → $218.4M +0%shares 19.0M → 19.2M +1%
trust account, redeemable shares, going-concern doubt2 moved · 1 with no prior record of ours
- Trust account
- $218.4M$218.4M
- Redeemable shares
- 19.0M19.2M
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $4,764 was added to the trust between the two filings.
The clause …“ 630,489 875,684 Total current assets 714,986 1,279,559 Investments held in Trust Account 218,439,749 218,402,560 Total Assets $ 219,154,735 $ 219,682,119 Liabilities and Stockholders' Equity: Current”…
SpacBrain reads this as 212,446 more shares carry a redemption right.
The clause …“and Contingencies Class A common stock, $ 0.0001 par value; 19,191,879 and 18,561,710 shares subject to possible redemption at $ 10.00 per share as of June 30, 2021 and December 31, 2020, respectively 191,918,790 ”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern through November 19, 2022. These accompanying unaudited condensed financial”…
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 2020-12-22going concern APPEARED
going-concern doubt, trust account, redeemable shares1 moved · 2 with no prior record of ours
- Going-concern doubt
- not statedstated
- Trust account
- not previously extracted$218.4M
- Redeemable shares
- not previously extracted19.0M
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern through November 19, 2022. These accompanying unaudited condensed financial”…
The clause …“expenses 749,232 875,684 Total current assets 1,049,999 1,279,559 Investments held in Trust Account 218,434,985 218,402,560 Total Assets $ 219,484,984 $ 219,682,119 Liabilities and Stockholders' Equity: Current liabilities: Accounts”…
The clause …“Commitments and Contingencies Class A common stock, $0.0001 par value; 18,979,433 and 18,561,710 shares subject to possible redemption at $10.00 per share as of March 31, 2021 and December 31, 2020, respectively 189,794,330”…
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: A pre-IPO stub 10-Q covering inception on August 21, 2020 through September 30, 2020. Total assets were $505,497, being $32,910 of cash and $472,587 of deferred offering costs, against $503,602 of current liabilities including $352,016 of accrued expenses, a $105,031 sponsor note and $21,968 of franchise tax payable. That is a working capital deficit of about $471,000, with equity of $1,895 and a net loss since inception of about $23,000. 5,750,000 Class B shares were outstanding after the sponsor surrendered 2,875,000 shares, retroactively restated. No trust account existed. Why it matters: The period ends before the IPO, so the cover-page count of 21,838,750 Class A shares at December 18, 2020 has no balance-sheet counterpart, which is expected rather than an error. The underwriters partially exercised the over-allotment on November 24, 2020, which fixed the founder-share count at 5,750,000, and the sponsor note was repaid in full on November 19, 2020. No working capital loans were outstanding. The first trust balance, redemption carrying amount and post-IPO working capital position will appear only in the 10-K.
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.