TRADING QUOTES 3:55 PM October 4, 2022
IPO Terms Details Business Combination Related Articles SEC Filings
SPAC Name : Embrace Change Acquisition Corp.
Total Public Proceeds at IPO($mm): 73.9
%Held in Trust: 102.5
$Held in Trust per Unit: $ 10.25
Mgmt's Sector Expertise/Focus: Technology
IPO Date: 2022-08-09
Months to Complete: 12
Deadline Date: 2023-08-11
Unit Structure (EMCGU)
Share (EMCG): 1 Ordinary Share
Warrant (EMCGW) 1 Warrant
Right(EMCGR) 1 for 1/8
Public Warrant Terms:
Exercise Price: 11.500000000
Redemption Price: Cash/Cashless: $18.00
Redemption: Cash, Cashless or for Shares Mgmt's Discretion
Underwriters:
Book-runner(s): EF Hutton
Co-Manager(s): Tiger Brokers
Fees (Upfront/Deferred): 1.0%/3.5%
Lawyers:
Issuer's Counsel: Loeb & Loeb LLP
Underwriter's Counsel: Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Additional Terms: Crescent term: $9.20, Limitation on redemption rights: 20%, Six month lock-up on Founder Shares, May extend 6x by one month each by depositing $0.05 per share in trust each extension
SPAC Name: Embrace Change Acquisition Corp.
CURRENT FUNDS in TRUST: $76,002,089*
EST. PRO RATA AMOUNT IN TRUST: $10.28*
IMPLIED ENTERPRISE VALUE: 0
RECORD DATE: TBD
SHAREHOLDER VOTE DATE: TBD
SPAC NameSource: SEC.gov filings and SPAC Insider estimates
TRADING QUOTES       Business CombinationIPO Terms Details SPAC name: %spacname% CURRENT FUNDS in TRUST: $%ending_trust_ball%* EST. PRO RATA AMOUNT IN TRUST: $%implied_cash_per_share%* IMPLIED ENTERPRISE VALUE: %impliedenterprisevalue% RECORD DATE: %businesscombinationrecorddate% SHAREHOLDER VOTE DATE: %businesscombinationshareholdervotedate% Source: SEC.gov filings and SPAC Insider estimates SPAC name: %spacname% Total Public Proceeds at IPO ($mm): %total% % Held in Trust:
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