SPACInsider Glossary
This glossary is designed to help you understand the meaning of various column names and their values.
| Column Name | Example | Description |
|---|---|---|
| CIK | "0000123456" | The CIK of the SPAC |
| SPAC Name | "GORES HOLDING VIII INC" | The name of the SPAC |
| SPAC Status | "ANNOUNCED" | Indicates the current stage of life of a SPAC. The status column can have one of the following values: FILED, SEARCHING, ANNOUNCED, COMPLETED, LIQUIDATED, WITHDRAWN, or ABANDONED. |
| Industry | "BIOTECH" | Industry of the Search or Target |
| Sub-Industry | "ENTERTAINMENT" | Sub-sector of the industry field |
| Target Company | "VACASA" | Company the SPAC intends to combine with |
| SPAC Share Symbol | "SPAC" | Share symbol of the SPAC |
| SPAC Share Description | "1 Class A Common Stock" | Description of whether it's an Ordinary Share, Common Stock, Class A Common Stock, etc. |
| SPAC Share Close Price | 10.00 | Close price of the SPAC share |
| Unit Symbol | "SPACU" | The symbol of the SPAC"s unit |
| Unit Close Price | 10.00 | Close price of the SPAC unit |
| Warrant Symbol | "SPACW" | Warrant symbol of the SPAC |
| Warrant Close Price | 10.00 | Close price of the SPAC warrant |
| Right Symbol | "SPACR" | Right symbol of the SPAC |
| Right Close Price | 10.00 | Close price of the SPAC right |
| DeSPAC Share Symbol | "SPC" | De-SPAC share symbol (post-combination) |
| DeSPAC Share Price | 10.00 | Close price of the de-SPAC share |
| Previous Close Share Price | 10.00 | Previous close price of the SPAC or DeSPAC company (Dependant on SPAC status) |
| DeSPAC Share Price (Unadjusted) | 10.00 | Close price of the de-SPAC share unadjusted for stock splits |
| DeSPAC Warrant Symbol | "SPCW" | De-SPAC warrant symbol (post-combination) |
| DeSPAC Warrant Price | 10.00 | Close price of the de-SPAC warrant |
| Initial Filing Date | Jan 1, 2022 | The date the first registration statement (S-1) is filed publicly |
| IPO Date | Jan 1, 2022 | The date the SPAC prices its IPO and begins trading |
| Announced Date | Jan 1, 2022 | The date the SPAC announces a combination with a target company |
| Closing Or Liquidation Date | Jan 1, 2022 | The date the SPAC combination closes (the de-SPAC date) or the date the SPAC liquidates |
| Closing Date | The date the SPAC combination closes (the de-SPAC date) | |
| Liquidation Date | The date the SPAC liquidates | |
| Months To Complete | 18 | The amount of time a SPAC is initially given to complete a combination (without any extensions) |
| Months Left to Complete | The number of months between now and the completion deadline date | |
| Auto Extension Time (months) | 6 | The amount of time a SPAC can automatically extend its completion deadline without needing a shareholder vote to extend (typically requires a contribution to trust) |
| Current Completion Deadline Date | Jan 1, 2022 | Based on the current deadline and contribution. Example: If a SPAC can extend 6 months, but by one month at a time with contribution, the current deadline will be based on each month's contribution |
| Initial Resale Reg. Filing Date | Jan 1, 2022 | The intial filing date of the de-SPAC resale registration statement post closing of the combination |
| Termination Date | Jan 1, 2022 | The date a SPAC cancels (terminates) its announced combination with a target company. The SPAC can either continue looking or decide to liquidate. |
| Terminated Deal Name | "TRANSFIX INC" | The name of the company the SPAC initially announced a combination and then terminated |
| IPO Proceeds ($mm) | $123.5 | The amount of capital raised by investors at SPAC IPO |
| IPO Size Range | "$200-$500mm" | Size category given this SPAC's IPO proceeds |
| Total Public Proceeds at IPO ($mm) | $123.5 | IPO Proceeds + Overallotment (does not include any over-funding of the trust) |
| Over Allotment Proceeds ($mm) | 12.4 | The amount of additional capital raised in the over-allotment (maximum is 15% of IPO proceeds) |
| Private Placement Proceeds ($mm) | 12.4 | The amount of capital the sponsors contribute to the IPO transaction |
| Total Gross Proceeds In Trust at IPO ($mm) | $123.5 | The total amount of capital held in the trust account that includes any over-funding by the sponsors. (no redemptions) |
| % Held In Trust | 100.0% | The amount held in trust relative to the IPO price on a percentage basis. |
| Held In Trust Per Unit at IPO | $10.00 | The amount in trust relative to the IPO price on a per unit basis. |
| Current Public SPAC Shares | 1234567 | Total public shares at IPO less any redemptions |
| Sponsor Promote Shares | 1234568 | This is calculating the promote shares as a percentage of the total shares outstanding (public shares + founder shares). This is typically 20%, but can be more or less than 20%. |
| Sponsor Forfeited Shares | 1234569 | The number of founder shares a sponsor will forfeit at combination close |
| Total Current Shares Outstanding | 12345678 | Total shares outstanding less any redemptions and forfeited sponsor shares |
| % Redeemed | 87.0% | The percentage of public SPAC shares redeemed |
| Pro Forma Enterprise Value ($mm) | $123.5 | The estimated pro forma enterprise value of the combined company |
| Pro Forma Equity Value ($mm) | $123.5 | Pro-forma equity value |
| Equity Value Range | "$300mm-$2bn" | Pro-forma equity value size ranges |
| Transaction Costs ($mm) | 12.4 | Transaction costs for the deal announcement |
| ROI | 2.93% | Current share price + warrant price + right price / intital IPO price (Warrant price and right price have been adjusted for distribution) |
| ARR | 2.93% | Annual rate of return |
| % Return on Share | 13.0% | The return based on the current share price compared to the initial IPO price |
| Stock Split Text | ['1-for-20'] | Description of the stock split(s) that have ocurred |
| % Return on DeSPAC Share | 13.0% | The return based on the current de-SPAC share price compared to the initial IPO price |
| Left Lead UW | "CANTOR FITZGERALD" | The name of the SPAC"s left lead underwriter |
| UW Fees Upfront | 2.00% | The underwriting fees received at IPO |
| UW Fees Deferred | 3.50% | The underwriting fees received upon a successful combination close |
| Warrants In Unit | "1 for 1/2" | Warrants included in the SPAC"s unit as a string |
| Warrants In Unit (Decimal) | 1.0 | Warrants included in the SPAC"s unit as a decimal |
| Warrant Call Trigger | "Cash/Cashless: $18.00" | The share price at which the de-SPAC company may call their warrants for exercise |
| Warrant Exercise Price | 11.5 | The price at which an investor can exercise the warrants (cash or cashless exercise) post-combination close. Typically 115% of the IPO price. |
| Rights In Unit | "1 for 1/2" | Rights included in the SPAC"s unit as a string |
| Rights In Unit (Decimal) | 1.0 | Rights included in the SPAC"s unit as a decimal |
| Min Cash Closing Condition ($mm) | $123.5 | A term some de-SPACs use whereby they stipulate a minimum amount of cash at closing (from trust, PIPEs, additional funding sources, etc) |
| Anchor Investor | ||
| Anchor Size ($mm) | $123.5 | The size of the anchor investment at IPO where an investor agrees to subscribe for a large portion of the offering |
| Has Anchor Funding | "Yes" | |
| Crescent Term (Y/N) | "Yes" | A term that provides protection to warrantholders in the event a PIPE is used in a combination with a price struck below a threshold price |
| Crescent Term Threshold | 9.20 | The threshold price where a warrantholder in a SPAC has their strike price reset if a PIPE is done at a price below it. |
| CEO | "JANE DOE" | Chief Executive Officer |
| Chairman | "JANE DOE" | Chairman of the Board |
| Domicile | "DELAWARE" | Where a SPAC is domiciled, i.e., Delaware, Cayman Islands, BVI, etc. |
| IPO Geography | "UNITED STATES" | What geographic area a SPAC intends to search for a target company within |
| DeSPAC Geography | "UNITED STATES" | Where the de-SPAC company is geographically located (ex. Australia, UK, United States, etc) |
| Stock Exchange | "NASDAQ" | Which stock exchange a SPAC IPO will trade - Nasdaq vs. NYSE |
| Archived Combination | "GCM GROSVENOR" | |
| Filed Early Liquidation Proxy | "Yes" | Whether a SPAC has filed to move up their deadline date so the SPAC can liquidate early. Ex. If a SPAC is given 24 months to complete a combination but would like to liquidate at month 14. They will hold a shareholder vote for approval so they can liquidate earlier than 24 months |
| Liquidation Announcement Date | Jan 1, 2022 | The date at which a SPAC has announced via 8K, early liquidation proxy, or press release that it intends to liquidate. |
| Has Liquidation Announcement Date | "Yes" | Has officially announced the intent to liquidate |
| Sponsor | "CF FINANCE HOLDINGS LLC" | The sponsor team of a SPAC. Can be institutional (PE, Hedge Fund, Asset Manager - backed) or a group of individuals (traditional sponsor team) |
| Sponsor Owner | "CANTOR FITZGERALD" | The institutional entity of the SPAC sponsor group - typically an LLC |
| Sponsor Group | "CF TEAM CANTORLUTNICK" | The name of the Sponsor Group. Typically for institutionally backed teams, but also for serial sponsors made up of individuals - Hennessy Team, Gores Team, etc. |
| Sponsor Type | "BANK" | What type of institution sponsoring the SPAC - Private Equity (PE), Asset Manager (AM), Hedge Fund (HF), etc |
| Company Lockup Period (months) | 6 | The amount of time a de-SPAC company cannot trade the shares received in a combination |
| Company Lockup % Released | 50.0% | The % subject to release in the event the company meets certain performance hurdles |
| Company Early Release (days) | 150 | The number of days from combination close that a company can be eligible for early release |
| Company Performance Hurdle One | $10.00 | The various performance hurdles that release shares from lock-up |
| Company % Subject To Hurdle One | 50.0% | The % of shares released at each hurdle when performance critieria are met |
| Company Performance Hurdle Two | $10.00 | |
| Company % Subject To Hurdle Two | 50.0% | |
| Company Performance Hurdle Three | $10.00 | |
| Company % Subject To Hurdle Three | 50.0% | |
| Company Performance Hurdle Four | $10.00 | |
| Company % Subject To Hurdle Four | 50.0% | |
| Company Lockup Vesting Period (months) | 12 | The number of months a de-SPAC company must vest their shares |
| Outside Termination Date Original | Jan 1, 2022 | SPACs sometimes amended their Outside Dates with target companies. This is showing the original Outside Date |
| Outside Termination Date Amended | Jan 1, 2022 | SPACs sometimes amended their Outside Dates with target companies. This is showing the amended Outside Date |
| Company Lockup Expiry Date | Jan 1, 2022 | The date on the negotiated lock-up of shares issued to a target company expires |
| Sponsor Lockup Expiry Date | Jan 1, 2022 | The date on which the sponsor lock-up of founder shares expires |
| Sponsor Lockup Period (months) | 6 | The amount of time a sponsor cannot trade the founder shares received in a combination |
| Sponsor Lockup % Released | 50.0% | The % subject to release in the event the sponsor meets certain performance hurdles |
| Sponsor Early Release (days) | 150 | The number of days from combination close that a sponsor can be eligible for early release |
| Sponsor Performance Hurdle One | $10.00 | The various performance hurdles that release founder shares from lock-up |
| Sponsor % Subject To Hurdle One | 50.0% | The % of founder shares released at each hurdle when performance critieria are met |
| Sponsor Performance Hurdle Two | $10.00 | |
| Sponsor % Subject To Hurdle Two | 50.0% | |
| Sponsor Performance Hurdle Three | $10.00 | |
| Sponsor % Subject To Hurdle Three | 50.0% | |
| Sponsor Performance Hurdle Four | $10.00 | |
| Sponsor % Subject To Hurdle Four | 50.0% | |
| Sponsor Lockup Vesting Period (months) | 12 | The number of months a sponsor must vest their founder shares |
| Company Earnout % One | 50.0% | The % shares subject to earnout based on certain thresholds |
| Company Earnout Threshold One | $10.00 | The various thresholds that qualify shares in an earnout |
| Company Earnout % Two | 50.0% | |
| Company Earnout Threshold Two | $10.00 | |
| Company Earnout % Three | 50.0% | |
| Company Earnout Threshold Three | $10.00 | |
| Company Earnout % Four | 50.0% | |
| Company Earnout Threshold Four | $10.00 | |
| Company Earnout Early Vesting (yrs) | 1.5 | The number of years in order to be eligible for early vesting of an earnout |
| Company Earnout Vesting Period (yrs) | 1.5 | The number of years a company is subject to an earnout |
| Company Earnout Share Amount | 1234567 | The number of shares eligible in a company earnout |
| Sponsor Earnout % One | 50.0% | The % shares subject to earnout based on certain thresholds |
| Sponsor Earnout Threshold One | $10.00 | The various thresholds that qualify shares in an earnout |
| Sponsor Earnout % Two | 50.0% | |
| Sponsor Earnout Threshold Two | $10.00 | |
| Sponsor Earnout % Three | 50.0% | |
| Sponsor Earnout Threshold Three | $10.00 | |
| Sponsor Earnout % Four | 50.0% | |
| Sponsor Earnout Threshold Four | $10.00 | |
| Sponsor Earnout Early Vesting (yrs) | 1.5 | The number of years in order to be eligible for early vesting of an earnout |
| Sponsor Earnout Vesting Period (yrs) | 1.5 | The number of years a sponsor is subject to an earnout |
| Sponsor Earnout Share Amount | 1234567 | The number of shares eligible in a sponsor earnout |
| Sponsor Earnout Warrant Amount | 1234567 | The number of warrants eligible in a sponsor earnout |
| Projected Rev 2021 ($mm) | $123.5 | The projected revenue of the target company found in the filed documents when the merger is announced (2021) |
| Actual Rev 2021 ($mm) | $123.5 | The actual revenue of the target or de-SPAC company found in the filed 10-K (2021) |
| % Above/Below Projected 2021 | 10.0% | The percentage the actual stated revenue is above or below the projected revenue |
| Projected Rev 2022 ($mm) | $123.5 | The projected revenue of the target company found in the filed documents when the merger is announced (2022) |
| Actual Rev 2022 ($mm) | $123.5 | The actual revenue of the target or de-SPAC company found in the filed 10-K (2022) |
| % Above/Below Projected 2022 | 10.0% | The percentage the actual stated revenue is above or below the projected revenue |
| Projected Rev 2023 ($mm) | $123.5 | The projected revenue of the target company found in the filed documents when the merger is announced (2023) |
| Actual Rev 2023 ($mm) | $123.5 | The actual revenue of the target or de-SPAC company found in the filed 10-K (2023) |
| % Above/Below Projected 2023 | 10.0% | The percentage the actual stated revenue is above or below the projected revenue |
| Projected Rev 2024 ($mm) | $123.5 | The projected revenue of the target company found in the filed documents when the merger is announced (2024) |
| Actual Rev 2024 ($mm) | $123.5 | The actual revenue of the target or de-SPAC company found in the filed 10-K (2024) |
| % Above/Below Projected 2024 | 10.0% | The percentage the actual stated revenue is above or below the projected revenue |
| Projected Rev 2025 ($mm) | $123.5 | The projected revenue of the target company found in the filed documents when the merger is announced (2025) |
| Actual Rev 2025 ($mm) | $123.5 | The actual revenue of the target or de-SPAC company found in the filed 10-K (2025) |
| % Above/Below Projected 2025 | 10.0% | The percentage the actual stated revenue is above or below the projected revenue |
| Projected Rev 2026 ($mm) | $123.5 | The projected revenue of the target company found in the filed documents when the merger is announced (2026) |
| Actual Rev 2026 ($mm) | $123.5 | The actual revenue of the target or de-SPAC company found in the filed 10-K (2026) |
| % Above/Below Projected 2026 | 10.0% | The percentage the actual stated revenue is above or below the projected revenue |
| Projected EBITDA 2021 ($mm) | $123.5 | The projected EBITDA of the target company found in the filed documents when the merger is announced (2021) |
| Actual EBITDA 2021 ($mm) | $123.5 | The projected EBITDA of the target or de-SPAC company found in the filed documents when the merger is announced (2021) |
| % Above / Below EBITDA Projections 2021 | 10.0% | The percentage the actual stated EBITDA is above or below the projected EBITDA |
| Projected EBITDA 2022 ($mm) | $123.5 | The projected EBITDA of the target company found in the filed documents when the merger is announced (2022) |
| Actual EBITDA 2022 ($mm) | $123.5 | The actual EBITDA of the target or de-SPAC company found in the filed 10-K (2022) |
| % Above / Below EBITDA Projections 2022 | 10.0% | The percentage the actual stated EBITDA is above or below the projected EBITDA |
| Projected EBITDA 2023 ($mm) | $123.5 | The projected EBITDA of the target company found in the filed documents when the merger is announced (2023) |
| Actual EBITDA 2023 ($mm) | $123.5 | The actual EBITDA of the target or de-SPAC company found in the filed 10-K (2023) |
| % Above / Below EBITDA Projections 2023 | 10.0% | The percentage the actual stated EBITDA is above or below the projected EBITDA |
| Projected EBITDA 2024 ($mm) | $123.5 | The projected EBITDA of the target company found in the filed documents when the merger is announced (2024) |
| Actual EBITDA 2024 ($mm) | $123.5 | The actual EBITDA of the target or de-SPAC company found in the filed 10-K (2024) |
| % Above / Below EBITDA Projections 2024 | 10.0% | The percentage the actual stated EBITDA is above or below the projected EBITDA |
| Projected EBITDA 2025 ($mm) | $123.5 | The projected EBITDA of the target company found in the filed documents when the merger is announced (2025) |
| Actual EBITDA 2025 ($mm) | $123.5 | The actual EBITDA of the target or de-SPAC company found in the filed 10-K (2025) |
| % Above / Below EBITDA Projections 2025 | 10.0% | The percentage the actual stated EBITDA is above or below the projected EBITDA |
| Projected EBITDA 2026 ($mm) | $123.5 | The projected EBITDA of the target company found in the filed documents when the merger is announced (2026) |
| Actual EBITDA 2026 ($mm) | $123.5 | The actual EBITDA of the target or de-SPAC company found in the filed 10-K (2026) |
| % Above / Below EBITDA Projections 2026 | 10.0% | The percentage the actual stated EBITDA is above or below the projected EBITDA |
| At-Risk Capital ($mm) | $123.5 | The capital a sponsor contributes to the SPAC via private placement and placed in the trust account that is fully at-risk in a liquidation. Typically contributed via a purchase of warrants, units, or shares at IPO. |
| % At-Risk | 100.00% | The % of sponsor at-risk capital relative to the public IPO proceeds |
| Units/Warrants Purchased | "Units" | Noting which type of security was used in the at-risk private placement - unit, warrants, shares, etc |
| At-Risk Purchase Price | "$10.00/ $1.00" | The purchase price at which the at-risk units/warrants were purchased in the at-risk private placement |
| At-Risk Units/Warrants Purchased | "330K Units/ 1.65M Wts" | The number of at-risk units/warrants purchased in the at-risk private placement |
| Public Shares At IPO | 1234567 | The number of public SPAC shares issued at IPO. Example: In a $100M offering, at $10.00 per unit, there would be 10 million public SPAC shares included in the unit. |
| Public SPAC Shares Post-Vote | 1234567 | The number of public SPAC shares after any redemptions at an extension or completion vote. |
| Total Shares Redeemed | 1234567 | The total number of shares redeemed at a shareholder vote, i.e., an extension or completion vote |
| Trust Value Post-Vote ($mm) | $123.457 | The current trust value (including any interest earned) less an redemptions of shares at a shareholder vote. |
| Redemption Price At Vote | $10.00 | The redemption price at which shareholders could redeem their shares at a shareholder vote |
| Last Vote Date | Jan 1, 2022 | The last vote date held - could be an extension vote or a completion vote. |
| Has Redemption Last Vote Date | "Yes" | Has a redemption vote date - yes or no answer - used to determine if a SPAC or group of SPACs have extended |
| 2-WK VWAP | $10.00 | The 2 week VWAP is the volume weighted average price over a two-week period. |
| Redemption Value Per Share | The redemption value per share is cash-per-share value of the trust account. If a shareholder redeems at a vote, they would receive the redemption value per share. | |
| Maximum Deadline Date | The maximum deadline date is the date at which a SPAC must complete its combination and assumes all extensions have been taken. Example, a SPAC is given 24 months to complete, but can extend 2x for 3-months each with a contribution to trust. The maximum deadline would be 30 months. | |
| Current Implied Cash Per Share | $10.00 | The current implied cash per share is the estimated cash-per-share value or redemption value. This is an estimated value. |
| Current Deadline Implied Cash Per Share | $10.00 | The current estimated trust value expressed on a per share basis |
| Maximum Deadline Implied Cash Per Share | The implied cash per share value based on the maximum deadline date and the estimate interest accrued at that time. | |
| YTM Earliest Date | 3.50% | The estimated trust value as of the completion deadline date expressed on a per share basis |
| YTM Latest Date | 3.50% | The calculated yield to maturity (YTM) of a SPAC based on the estimated trust value as of today and using the current completion deadline |
| YTM Maximum Date | 3.50% | The calculated yield to maturity (YTM) of a SPAC based on the estimated trust value as of the maximum deadline date |
| 10-Q/K or Proxy as of Date | Jan 1, 2022 | The calculated yield to maturity (YTM) of a SPAC based on the estimated trust value as of the completion date and using a completion deadline |
| 10-Q/K Cash In Trust | $123456789.00 | This is the date most recent 10-Q, 10-K, Proxy, or Vote Date that has a new Trust Value |
| Current Ending Trust Balance ($mm) | $123.5 | This is the SPACInsider estimated trust value as of the current day based on our internal model |
| Record Date | Jan 1, 2022 | The date at which an investor must own the share in order to be a "shareholder of record" |
| Has Record Date | "Yes" | The date at which an investors votes on either an extension of a SPAC"s deadline or the completion vote |
| Extension Vote Date | Jan 1, 2022 | The date at which a shareholder must redeem their shares (if they wish to) ahead of a vote. Typically 2 trading days before a vote date. |
| Ext Vote 1 Redemptions | 1234567 | The number of public SPAC shares redeemed at the first extension vote |
| Ext Vote 1 Date | Date of the 1st extension vote | |
| Ext Vote 1 Rdmpt Price | Redemption price at the vote | |
| Ext Vote 1 Link | Link to the Definitive Proxy for the Vote | |
| Ext Vote 2 Redemptions | 1234567 | The number of public SPAC shares redeemed at the second extension vote |
| Ext Vote 2 Date | Date of the 2ndextension vote | |
| Ext Vote 2 Rdmpt Price | Redemption price at the vote | |
| Ext Vote 2 Link | Link to the Definitive Proxy for the Vote | |
| Ext Vote 3 Redemptions | 1234567 | The number of public SPAC shares redeemed at the third extension vote |
| Ext Vote 3 Date | Date of the 3rd extension vote | |
| Ext Vote 3 Rdmpt Price | Redemption price at the vote | |
| Ext Vote 3 Link | Link to the Definitive Proxy for the Vote | |
| Ext Vote 4 Redemptions | 1234567 | The number of public SPAC shares redeemed at the fourth extension vote |
| Ext Vote 4 Date | Date of the 4th extension vote | |
| Ext Vote 4 Rdmpt Price | Redemption price at the vote | |
| Ext Vote 4 Link | Link to the Definitive Proxy for the Vote | |
| Ext Vote 5 Redemptions | 1234567 | The number of public SPAC shares redeemed at the fifth extension vote |
| Ext Vote 5 Date | Date of the 5th extension vote | |
| Ext Vote 5 Rdmpt Price | Redemption price at the vote | |
| Ext Vote 5 Link | Link to the Definitive Proxy for the Vote | |
| Completion Vote Redemptions | The number of public shares redeemed at the completion vote. | |
| Number Of Auto Extensions | 3 | The number of auto-extensions at IPO |
| Auto-Ext. Contribution (per shr) | $0.10 | Amount per share contributed for the auto-extension |
| Vote Extension Time (months) | 9 | The amount of time that the SPAC asked for at the extension vote |
| Total Time to Complete (Initial + Extensions) | 12 | The total time to complete calculating the intial time given (ex. 24 months), plus and auto extensions or extensions by shareholder vote |
| Total Extension Contributions (Maximum) | $0.10 | The total amount of additional contribution of funds to trust in order to extend the intial amount of time given to a SPAC. |
| Vote Extension 1 (months) | 3 | Months alloted to exend the initial time given |
| Vote Ext. 1 (# of Exts.) | 1 | Amount of times needed to extend (1 time for 3 months, 9 times for 9 months) |
| Vote Ext. 1 Contribution (per shr) | $0.10 | Per share contributed for each number of extensions |
| Vote Extension 2 (months) | 3 | Months alloted to exend the initial time given |
| Vote Ext. 2 (# of Exts.) | 1 | Amount of times needed to extend (1 time for 3 months, 9 times for 9 months) |
| Vote Ext. 2 Contribution (per shr) | $0.10 | Per share contributed for each number of extensions |
| Vote Extension 3 (months) | 3 | Months alloted to exend the initial time given |
| Vote Ext. 3 (# of Exts.) | 1 | Amount of times needed to extend (1 time for 3 months, 9 times for 9 months) |
| Vote Ext. 3 Contribution (per shr) | $0.10 | Per share contributed for each number of extensions |
| Vote Extension 4 (months) | 3 | Months alloted to exend the initial time given |
| Vote Ext. 4 (# of Exts.) | 1 | Amount of times needed to extend (1 time for 3 months, 9 times for 9 months) |
| Vote Ext. 4 Contribution (per shr) | $0.10 | Per share contributed for each number of extensions |
| Vote Extension 5 (months) | 3 | Months alloted to exend the initial time given |
| Vote Ext. 5 (# of Exts.) | 1 | Amount of times needed to extend (1 time for 3 months, 9 times for 9 months) |
| Vote Ext. 5 Contribution (per shr) | $0.10 | Per share contributed for each number of extensions |
| Completion Vote Date | Jan 1, 2022 | The date at which a shareholder must redeem their shares (if they wish to) ahead of a vote. Typically 2 trading days before a vote date. |
| Shareholder Vote Date | Jan 1, 2022 | The date at which shareholders are asked to vote on a proposal put forth by a SPAC. Typically an extension or completion vote. |
| Redemption Deadline | Jan 1, 2022 | The deadline at which public shareholders must request to redeem their shares at a shareholder vote. Typically two business days ahead of a shareholder vote. |
| Contribution to Trust Pending Vote | "$70K per month (x6)" | The contribution to the trust by a SPAC team in order to extend their completion deadline. Example - a sponsor may contribute $0.10 per share in order to extend 3-months time. |
| Proxy Type on File | "BUSINESS COMBINATION" | |
| Proxy Link | Link | Link to the current proxy filing |
| Underwriter 1 | The left lead underwriter | |
| Underwriter 2 | The second underwriter listed in importance | |
| Underwriter 3 | The third underwriter listed in importance | |
| Underwriter 4 | The fourth underwriter listed in importance | |
| Underwriter 5 | The fifth underwriter listed in importance | |
| Book-Runners / Lead Managers | {"CANTOR FITZGERALD"} | The bookrunners and lead managers listed in the offering |
| Co-Managers | "CANTOR FITZGERALD" | The co-managers listedd in the offering |
| Issuer's Counsel | {"CANTOR FITZGERALD"} | The law firm representing the SPAC in an IPO offering |
| Underwriter's Counsel | {"CANTOR FITZGERALD"} | The law firm representing the underwriters in an IPO offering |
| Auditor | {"CANTOR FITZGERALD"} | The auditor representing the SPAC in an IPO offering |
| PIPE Size ($mm) | $123.5 | The total size of the PIPE raise to close concurrently in a de-SPAC. |
| PIPE Size Range | "$100-$200mm" | The range is listed for analytical purposes. Example, if you wanted to sort for SPACs that included a PIPE in a certain size range. |
| PIPE Investor(s) | {"UNDISCLOSED INVESTORS"} | Who the PIPE investors were (if they were listed in the press release or filed documentation) |
| PIPE Share Price | $10.00 | The purchase price investors will pay in the PIPE |
| PIPE Ownership Percent | 22.0% | The % ownership of the pro forma company the PIPE investors will own. |
| PIPE Security Type | "SHARE" | The security type investors will be purchasing in the PIPE transaction |
| PIPE Lock Up | "UPON REGISTRATION" | How long the PIPE investors will be restricted from selling, transferring, etc the securities they purchased in the PIPE |
| PIPE Warrants In Unit | 0.5 | The number of warrants (if any) included as part of the investors purchase in a PIPE |
| PIPE Warrant Strike Price | $10.00 | The strike price of the warrants that were included (if any) in the PIPE offering |
| PIPE Link | Link | The link to the filed document detailing the PIPE transaction |
| Has PIPE Funding | "Yes" | Yes or No answer - used for sorting in the tables which transactions included a PIPE in their combinations |
| Non Redemption Security Type | "SHARES" | The type of security used in the non-redemption agreement as part of the backstop financing at combination |
| Non Redemption Size ($mm) | $123.5 | The size of the non-redemption agreement at which investors are participating |
| Non Redemption Purchase Price | $123456789 | The purchase price at which investors have agreed to purchase shares (if any) as part of the non-redemption agreement |
| Non Redemption Investor(s) | {"SPAC Sponsor", "Unnamed Investor"} | The names of the investors (if disclosed) participating in the non-redemption agreement |
| Non Redemption Link | Link | The link to the filed documents detailing the non-redemption agreement |
| Has Non Redemption Funding | "Yes" | Yes or No answer - used for sorting in the tables which transactions included a non-redemption agreement in their combinations |
| FPA Investor(s) | "CF FINANCE HOLDINGS LLC" | The names of investors (if disclosed) that participated in a forward purchase agreement at combination |
| FPA Size ($mm) | $123.5 | The size of the forward purchase agreement at which investors are subscribing |
| FPA Security Type | "SHARE" | The type of security the forward purchase investors are purchasing |
| FPA Warrants In Unit | 0.5 | The number of warrants included in the FPA (if any) sold to investors |
| FPA Purchase Price | $10.00 | The purchase price at which investors are buying the Forward Purchase |
| FPA Commitment | "COMMITTED" | Whether the FPA is committed (obligated) to be purchased or if an FPA purchase is at the discretion of the purchaser |
| FPA Link | Link | The link to the document that details the FPA purchase |
| FPA Trust Percent | 10.5% | The percentage of the FPA purchase relative to the size of the IPO offering. Example: a $100M FPA for a $200M IPO would be 50% |
| Has FPA Funding | "Yes" | Yes or No answer - used for sorting in the tables which transactions included an FPA in their combinations |
| Note Minimum Rate | 11.90% | The minimum interest rate for the convertible note (usually based on hurdles) |
| Note Maximum Rate | 11.90% | The maximum interest rate for the convertible note (usually based on hurdles) |
| Note Maturity Period | 4.0 | The maturity period of the convertible note |
| Note Notes | "The Loan amortizes ..." | An additional notes or necessary information on the convertible notes |
| Note Size ($mm) | $123.5 | The size of the convertible note |
| Note Time Period Payable | "MONTHLY" | The period in which the convertible note is payable - quarterly, semi-annual, etc |
| PIK / OID Option | "PIK" | Does the Convertible Note mention that investors can be Paid-In-Kind (PIK) or Original Issue Discount (OID) |
| Conversion Premium / Discount | "MONTHLY" | The conversion price for the share in the note |
| Note Investor(s) | "SUNSTREAM BANCORP INC" | The investors (if listed) of the convertible note |
| Note Link | Link | The link to the document listing the details of the convertible note |
| Has Note Funding | "Yes" | Yes or No answer - used for sorting in the tables which transactions included a convertible note in their combinations |
| Preferred Purchase Price | $1000.0 | The price at which a convertible preferred is to be purchased by investors |
| Preferred Shares Purchased | 7000 | The number of convertible preferred shares purchased by investors |
| Preferred Aggregate Value ($mm) | $123.5 | The total aggregate value of the convertible preferred to be purchased |
| Preferred Conversion Price | $10.00 | The price at which the convertible preferred will be converted |
| Preferred Interest Rate | 10.0% | The interest rate of the convertible preferred |
| Preferred Time Period Payable | "SEMI-ANUALLY" | The period in which the convertible preferred is payable - annual, semi-annual, etc |
| Preferred Investor(s) | "UNNAMED INVESTORS" | The investors (if listed) of the convertible preferred |
| Preferred Link | Link | The link to the document listing the details of the convertible preferred |
| Has Preferred Funding | "Yes" | Yes or No answer - used for sorting in the tables which transactions included a convertible preferred in their combinations |
| 1st Other Funding Type | "PURCHASE AGREEMENT" | Any other type of funding agreement used in a SPAC combination - ex. Standby Equity Agreement, Senior Secured Term Loan, etc |
| 1st Other Funding Size ($mm) | $123.5 | The size of the "other funding" |
| 1st Other Funding Note | "Please refer to ..." | Any notes or additional description of the "other funding" |
| 1st Other Funding Link | Link | The link to the document listing the details of the "other funding" |
| 2nd Other Funding Type | "PURCHASE AGREEMENT" | Any other type of funding agreement, if there is more than one type, used in a SPAC combination - ex. Standby Equity Agreement, Senior Secured Term Loan, etc. |
| 2nd Other Funding Size ($mm) | $123.5 | The size ($) of the second type (if applicable) of "other funding" |
| 2nd Other Funding Note | "Please refer to ..." | Any notes or additional description of the second type (if applicable) of "other funding" |
| 2nd Other Funding Link | Link | The link to the document listing the details of the second type (if applicable) of "other funding" |
| Has Other Funding | "Yes" | Yes or No answer - used for sorting in the tables which transactions included a type of "other funding" in their combinations |
| Total Additional Funding ($mm) | $123.5 | The sum of all of the additional funding types (other than the funds held in trust) used in a combination |
| Total Funding Sources (Incl. Trust) ($mm) | $123.5 | The sum of both the funds held in trust and all other funding types used in a combination |
| EV / Trust Balance | 25.00 | Multiple: Enterprise Value to Current Trust Balance (if a SPAC has had redemptions, this reflects the current trust balance) |
| EV / Total Funding Sources | 25.00 | Multiple: Enterprise Value to Current Trust Balance (if a SPAC has had redemptions, this reflects the current trust balance) |
| Special Status | This is used for Completed SPACs that have had their status change occur after Closing. Example: Acquired by another company, filed for Bankruptcy | |
| DeSPAC CIK | "0000123456" | The CIK number of the De-SPAC'd company (different than the SPAC CIK) |
| SPAC Display Name | "Gores Holding VIII, Inc." | Raw unformatted name |
| Additional Terms | {"Term example 1", "Term example 2"} | Any additional, non-standard terms, included in the IPO prospectus |
| Warrant Exchange Offer Status | "Pending" | If the warrants are subject to a warrant exchange offer, this field will be either "Pending" or "Complete" |
| Warrants Issued (Based on IPO Size) | 1234567 | Based on the public units issued at IPO, this is the equivalent number of public warrants issued (based on IPO size). |
| At-Risk Sponsor Warrants Purchased | 1234567 | Sponsor private placement warrants outstanding |
| Exchange Ratio (shares) | 0.25 | The exchange ratio (shares) holders may receive for their warrants (where the warrants are subject to a warrant exchange offer) |
| Cash Payment | $1.00 | Cash paid to warrant holders where the warrants are subject to a warrant exchange offer |
| Initial Resale S1 Filing Link | Link | Link to initial registration filing for newly combined company |
| Warrant Last Trade Date | 1/1/2022 | Last day of trading for warrant that is subject to a warrant exchange offer |
| Announcement Link | Link | Link to warrant exchange offer announcement |
| Warrant Redemption Type | "Cash Exercise" | Whether the redemption will be a cash exercise of the warrants, cashless exercise, the option for either cash or cashless exercise, or an exchange for shares. |
| Exercise Price | $1.00 | The price at which warrant holders must exercise their warrants either by cash or cashless exercise |
| Amended Exercise Price | $1.00 | If the original warrant exercise price has been amended post IPO |
| Warrant Consideration (Warrants) | 0.25 | The portion of warrants (per warrant) each warrant holder gets to keep as part of the consideration being offered for the warrant exchange offer |