| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Bulldog Investors Bulldog Investors LLP | 10,000 | $102,300 | $102,601 | $301 | 0.29% |
| BO Brian Oliveira Clear Street Group Inc. | 210 | $2,147.25 | $2,154.62 | $7.37 | 0.34% |
| CGL Chester Gary Lloyd Coston, McIsaac & Partners | 193 | $1,978.25 | $1,980.2 | $1.95 | 0.1% |
| NCG Noah C Goldberg Jain Global LLC | 499,699 | $5.12M | $5.13M | $5,046.96 | 0.1% |
| NASDAQ (NMS) Exchange | US Country |
The company operates as a special purpose acquisition company (SPAC), offering units that each comprise one Class A ordinary share and one-third of a redeemable warrant. These whole warrants can be exercised at a price of $11.50 per share. The primary goal of the SPAC is to identify and merge with promising companies operating within several dynamic sectors, including media, communications, sports, entertainment, technology, and consumer retail. This strategic approach provides a pathway for target companies to access public capital while offering investors a chance to back the growth potential within these vibrant industries.
Each unit offered by the SPAC includes one Class A ordinary share, which represents ownership in the company. Investors in these shares benefit from potential capital appreciation as the SPAC engages in mergers, with the prospect of participating in the growth of identified sectors.
Each unit also includes one-third of a redeemable warrant, which can later be converted into a whole warrant. Once a company merger occurs, these warrants allow holders to purchase additional shares at a fixed exercise price of $11.50 per share, providing a leveraged way to enhance investment returns if the underlying stock performs well.
The SPAC focuses on identifying suitable merger candidates across various sectors. By targeting industries like media and technology, the SPAC aims to facilitate transactions that not only bolster its portfolio but also provide growth opportunities for investors, thereby increasing overall value.
The SPAC particularly seeks opportunities in dynamic sectors such as media, communications, sports, entertainment, technology, and consumer retail. This strategic focus ensures that the company remains aligned with sectors poised for growth in an evolving marketplace, enhancing the potential for successful investments.