VYGG SEC filings, in plain English
Everything Vy Global Growth has filed with the SEC that we hold — 40 filings, newest first, 2 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 2022-05-16trust $575.3M → $576.0M +0%
trust account, combination deadline, going-concern doubt +21 moved · 4 with no prior record of ours
- Trust account
- $575.3M$576.0M
- Combination deadline
- 2022-10-06 · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- the Company intends to focus in the financial, technology an… · unchanged
- Redeemable shares
- 161Knot matched in this filing
SpacBrain reads this as $776,717 was added to the trust between the two filings.
The clause …“ 87,255 132,960 Total current assets 1,605,302 1,942,375 Investments held in Trust Account 576,037,299 575,202,660 Total Assets $ 577,642,601 $ 577,145,035 Liabilities, Class A Ordinary Shares Subject”…
The clause …“our ability to continue as a going concern. If we are unable to complete a Business Combination by October 6, 2022, then we will cease all operations except for the purpose of liquidating. No adjustments have been made to the”…
The clause …“require additional liquidity. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standards Board (“FASB”) ASC Topic 205-40, “Presentation of Financial Statements – Going”…
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 2021-11-15trust $575.2M → $575.3M +0%going concern APPEARED
trust account, going-concern doubt, combination deadline +22 moved · 3 with no prior record of ours
- Trust account
- $575.2M$575.3M
- Going-concern doubt
- not statedstated
- Combination deadline
- not previously extracted2022-10-06
- Redeemable shares
- not previously extracted161K
- Mandate language
- the Company intends to focus in the financial, technology an… · unchanged
SpacBrain reads this as $70,075 was added to the trust between the two filings.
The clause …“ 152,607 132,960 Total current assets 1,785,891 1,942,375 Investments held in Trust Account 575,260,582 575,202,660 Total Assets $ 577,046,473 $ 577,145,035 Liabilities, Class A Ordinary Shares Subject”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“this estimate is accurate. 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 …“our ability to continue as a going concern. If we are unable to complete a Business Combination by October 6, 2022, then we will cease all operations except for the purpose of liquidating. No adjustments have been made to the”…
The clause …“in redemption value of Class A ordinary shares subject to redemption 160,582 Class A ordinary shares subject to possible redemption, March 31, 2022 $ 575,160,582 NOTE 9. SHAREHOLDERS’ DEFICIT Preference Shares — 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 2021-03-31trust $575.1M → $575.2M +0%going concern APPEARED
trust account, going-concern doubt, combination deadline +22 moved · 3 with no prior record of ours
- Trust account
- $575.1M$575.2M
- Going-concern doubt
- not statedstated
- Combination deadline
- not previously extracted2022-10-06
- Mandate language
- the Company intends to focus in the financial, technology an… · unchanged
- Redeemable shares
- 55.1Mnot matched in this filing
SpacBrain reads this as $90,595 was added to the trust between the two filings.
The clause …“132,960 302,833 Total current assets 1,942,375 1,219,358 Investments held in Trust Account 575,202,660 575,112,065 Total Assets $ 577,145,035 $ 576,331,423 Liabilities, Class A Ordinary Shares Subject”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“of debt and equity markets. ● Our proximity to our liquidation date expresses substantial doubt about our ability to continue as a “going concern.” ● Our shareholders may not be afforded an opportunity to vote on our proposed initial”…
The clause …“to continue as a going concern. If the Company is unable to complete a Business Combination by October 6, 2022, then the Company will cease all operations except for the purpose of liquidating. No adjustments have been made to”…
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 $575.2M → $575.2M +0%
trust account, mandate language, redeemable shares1 moved · 2 with no prior record of ours
- Trust account
- $575.2M$575.2M
- Mandate language
- the Company intends to focus in the financial, technology an… · unchanged
- Redeemable shares
- 51.2Mnot matched in this filing
SpacBrain reads this as $7,402 was added to the trust between the two filings.
The clause …“ 183,751 302,833 Total current assets 2,057,790 1,219,358 Investments held in Trust Account 575,190,507 575,112,065 Total Assets $ 577,248,297 $ 576,331,423 Liabilities, Class A Ordinary Shares Subject”…
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 2021-06-08trust $575.2M → $575.2M +0%shares 50.6M → 51.2M +1%
trust account, redeemable shares, mandate language2 moved · 1 with no prior record of ours
- Trust account
- $575.2M$575.2M
- Redeemable shares
- 50.6M51.2M
- Mandate language
- the Company intends to focus in the financial, technology an… · unchanged
SpacBrain reads this as $20,558 was added to the trust between the two filings.
The clause …“ 248,127 302,833 Total current assets 2,290,065 1,219,358 Investments held in Trust Account 575,183,105 575,112,065 Total Assets $ 577,473,170 $ 576,331,423 Liabilities and Shareholders' Equity ”…
SpacBrain reads this as 577,889 more shares carry a redemption right.
The clause …“and Contingencies Class A ordinary shares; 51,219,291 and 50,735,576 shares subject to possible redemption at $ 10.00 per share as of June 30, 2021 and December 31, 2020, respectively 512,192,910 ”…
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.
trust account, redeemable shares, mandate languagenothing moved · 3 with no prior record of ours
- Trust account
- not previously extracted$575.2M
- Redeemable shares
- not previously extracted50.6M
- Mandate language
- the Company intends to focus in the financial, technology an… · unchanged
The clause …“expenses 328,302 302,833 Total current assets 1,008,117 1,219,358 Investments held in Trust Account 575,162,547 575,112,065 Total Assets $ 576,170,664 $ 576,331,423 Liabilities and Shareholders' Equity Current liabilities: Accounts”…
The clause …“64,756,638 63,975,653 Commitments and Contingencies Class A ordinary shares; 50,641,402 and 50,735,576 shares subject to possible redemption at $10.00 per share as of March 31, 2021 and December 31, 2020, respectively 506,414,020”…
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: the period runs from inception on August 18, 2020 to September 30, 2020, before the IPO closed, so there is no trust account and no Class A shares on the balance sheet. Assets were $13,500,000 of cash plus $509,541 of deferred offering costs; the cash is matched by an identical $13,500,000 liability, an advance from the Sponsor to fund the private placement warrants. Other liabilities were $23,625 payable, $295,450 accrued and a $208,220 related-party note, giving a working capital deficit of about $527,000 and a shareholders' deficit. Net loss since inception was $42,754. Why it matters: Nothing here describes the operating shell investors bought. The cover page reports 57,500,000 Class A and 14,375,000 Class B shares outstanding at November 16, 2020, which cannot reconcile to a balance sheet with zero Class A shares by design, because the IPO and the full over-allotment exercise on October 6, 2020 both happened after the period end. Treat the figures as formation-stage only; the first meaningful trust and share data will appear in the 10-K. The sponsor had funded the shell entirely with a note and the warrant advance.
What changed: IPO pricing prospectus for Vy Global Growth: units at $10.00, each one Class A ordinary share and ONE-FIFTH of one redeemable warrant at $11.50. $500.0 million ($575.0 million with the over-allotment) into a U.S. trust, including $0.35 per unit ($17,500,000) deferred. Sponsor Vy Global Growth Management Co. bought 8,000,000 warrants at $1.50. Forward purchase investors have agreed to buy up to $100,000,000 in the aggregate at the combination. NYSE VYGG.U / VYGG / VYGG.W. Why it matters: The deadline extends ITSELF. The prospectus says the 24 months 'will be AUTOMATICALLY extended to 27 months' if a letter of intent, agreement in principle or definitive agreement is executed inside the first 24 - no vote, no sponsor deposit, no election. A calendar built on the 24-month date will be three months early for any of these SPACs that signs anything. One-fifth of a warrant per unit is also among the thinnest coverage in the tier, needing five units for one exercisable warrant.
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.