TRADING QUOTES 4:17 AM May 23, 2022
IPO Terms Details Business Combination Related Articles SEC Filings
SPAC Name : Prime Number Acquisition I Corp.
Total Public Proceeds at IPO($mm): 64.5
%Held in Trust: 102.0
$Held in Trust per Unit: $ 10.20
Mgmt's Sector Expertise/Focus: Technology
IPO Date: 2022-05-13
Months to Complete: 12
Deadline Date: 2023-05-17
Unit Structure (PNACU)
Share (PNAC): 1 Class A Common Stock
Warrant (PNACW) 1/2 Warrant
Right(PNACR) 1 for 1/8
Public Warrant Terms:
Exercise Price: 11.5
Redemption Price: Cash/Cashless: $16.50
Redemption: Cash, Cashless or for Shares Mgmt's Discretion
Underwriters:
Book-runner(s): Prime Number Capital, LLC, WestPark Capital
Co-Manager(s):
Fees (Upfront/Deferred): 2.0%/3.5%
Lawyers:
Issuer's Counsel: Robinson & Cole LLP
Underwriter's Counsel: Winston & Strawn LLP
Additional Terms: 1. Crescent Term: $9.20 2. Limitation on Redemption Rights: 15% 3. Founder Share Lock-Up: 50% at 6 months and 50% at 6 months or trading at $12.50 for 20/30 trading days 4. May extend 2 times by an additional three months each by depositing $0.10/share in trust account each extension
SPAC Name: Prime Number Acquisition I Corp.
CURRENT FUNDS in TRUST: $65,794,502*
EST. PRO RATA AMOUNT IN TRUST: $10.20*
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:
Read More
To access this page, you must purchase a database subscription via the Subscription Store Tab or log in.