S-4 Filing

Concord III raised $345 million in a November 2021 IPO with plans to acquire and manage a business in the financial services and financial technology sectors, including payments, enterprise software, and data analytics. 

The transaction was originally expected to be completed during the second quarter.

If the measure is approved, the SPAC said all holders of Class B stock will convert their shares to Class A and give up the right to receive any trust funds as a result of the conversion.

Altenergy raised $230 million in a November 2021 IPO.

Banyan raised $241.5 million in a January 2022 IPO. The SPAC is targeting businesses within the foodservice industry.

The SPAC in a regulatory filing last month said it had been in discussions with its LOI partner “over an extended period of time.” The prospective target has yet to be named.

After the last extension wass approved in January, the Pegasus sponsor poured $2.25 million into trust.

The SPAC's charter allows for a three-month extension past the current May deadline, but only if $3 million is deposited into trust, according to the proxy.

The transaction has no minimum cash condition and prior to signing the business combination agreement, Perception Capital entered into a forward purchase agreement with Meteora Capital for the full amount of cash in trust.

Malaysia-based Liberty Resources in August inked a deal with Markmore Energy Limited to take public its subsidiary Caspi Oil Gas. The transaction represents a proforma enterprise value of $427.7 million for Caspi.