S-4 Filing

Crixus BH3 raised $200 million in an IPO two years ago.

Terms call for the combined company to have at least $38 million in net cash at closing. Existing Picard Medical equity holders are rolling 100% of their equity into the merged enterprise.

The SPAC has called a Sept. 22 meeting for shareholders to vote on a deadline extension proposal that would push its termination date to March 24, 2024. The current deadline expires Sept. 29.

Sable has an agreement to acquire the Santa Ynez oil field in Federal waters off the California coast and associated onshore processing and pipeline assets from Exxon Mobil and Mobil Pacific Pipeline Company for $625 million.

Terms of the current extension plan call for the lesser of $200,000 or 4 cents a share to be deposited per month. TLGY wants to cut this amount to the lesser of $100,000 or 3.3 cents a share.

The SPAC last month announced a deal with FC Barcelona, one of the world’s most successful and storied professional football clubs, to merge with its content creation platform, Barça Media, at a $1 billion pro forma enterprise value.

The SPAC almost a year ago terminated a merger agreement with Roxe Holdings by mutual consent.

Yotta's former merger partner NaturalShrimp terminated a deal with the SPAC in July. Yotta disclosed last month that the aqua-tech seafood company had not paid the $3 million termination fee.

Founded in in São Paulo, Brazil, in 2020 by serial entrepreneur and investor Pierre Schurmann, Nuvini is a private serial software business acquirer focused on Latin America.

The SPAC raised $275 million in an October 2021 IPO with plans to focus on businesses operating in the software and technology-enabled services industry, although redemption have hollowed out the trust since then.