PV SEC filings, in plain English
Everything Primavera Capital 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 2022-08-12trust $414.6M → $416.5M +0%
trust account, combination deadline, going-concern doubt +21 moved · 4 with no prior record of ours
- Trust account
- $414.6M$416.5M
- Combination deadline
- 2023-01-26 · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- the Company intends to focus on global consumer companies wi… · unchanged
- Redeemable shares
- 41.4M · unchanged
SpacBrain reads this as $1,872,092 was added to the trust between the two filings.
The clause …“220,407 523,603 Forward Purchase Agreement (FPA) asset — 572,828 Investment held in Trust Account 416,518,838 414,024,299 TOTAL ASSETS $ 416,739,245 $ 415,120,730 LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND”…
The clause …“to continue as a going concern. Management intends to complete an initial business combination on or before January 26, 2023. However, it is uncertain whether management will succeed in doing so. The financial statements contained”…
The clause …“a Business Combination not occur, and potential subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…
The clause …“future events. Accordingly, at September 30, 2022 and December 31, 2021, the 41,400,000 Class A ordinary shares subject to possible redemption, are presented at redemption value as temporary equity, outside of the shareholders’ deficit”…
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: Primavera Capital Acquisition Corporation filed a proxy and prospectus for up to 47,371,698 ordinary shares and 20,700,000 warrants of Lanvin Group Holdings Limited for an extraordinary general meeting on December 9, 2022. The business combination agreement dated March 23, 2022 was amended three times in October 2022, on the 17th, 20th and 28th. Lanvin Group shares are valued at US$2.6926188 each and exchanged at that price divided by US$10.00. A collateral share purchased by Meritz Securities under an October 16, 2022 subscription agreement converts into one LGHL convertible preference share. Why it matters: Three amendments within eleven days immediately before the vote describe terms being rewritten under pressure, typically to secure financing as redemptions loomed. The exchange mechanism values Primavera's shares at the $10.00 trust level against Lanvin shares at US$2.6926188, so the arithmetic is transparent but the resulting stake in a luxury fashion group is illiquid compared with cash. The Meritz collateral share converting into preference stock places another instrument ahead of ordinary holders in the combined company's capital structure.
pipenothing moved · 1 with no prior record of ours
- PIPE
- no earlier filing$38.0M
The clause …“Investment, collectively, the Private Placement). Pursuant to the Initial PIPE Subscription Agreements, Fosun Fashion Holdings (Cayman) Limited agreed to subscribe for 3,800,000 LGHL Ordinary Shares for an aggregate purchase price”…
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.