S-4 Filing

The SPAC is sponsored by Vector Capital, a San Francisco-based $3.2 billion private equity firm focused on special situations investments in technology.

The SPAC a year ago scrapped a deal with Syniverse, which provides mobile platforms for carriers and enterprises, noting that redemptions surpassed the minimum cash condition for closing.

The insurance is conditioned on shareholder approval of a deadline extension.

Golden Arrow raised $250 million in a March 2021 IPO to focus on healthcare or healthcare-related infrastructure industries in the United States and other developed countries.

BYTE raised $300 million in a March 2021 IPO to target companies in the Israeli technology industry.

Falcon’s Beyond’s approximately $1 billion valuation will be comprised of the pro forma enterprise value of $620 million at the closing of the transaction and $400 million of consideration tied to positive business performance post-closing.

The new offer is a deposit of the lesser of $75,000 or 3.75 cents a share for each month required under the extension. Initial terms called for a deposit of either $70,000 or 3.5 cents a share, whichever was less.

The Asia-focused SPAC raised $116.7 million in a July 2021 IPO to target EdTech companies.

The SPAC raised $300 million in an IPO two years ago with plans to focus on companies outside the United States, primarily in the Pan-Eurasian region.

The SPAC raised $200 million in a November 2021 IPO to focus on the consumer internet and B2B digital infrastructure sectors.