S-4 Filing

The sponsor has decided to change the amount to be deposited into trust for any additional one-month extension.

The proxy also includes a provision that would enable the SPAC to adjourn the meeting if it appears the votes aren't there to approve the extension.

The SPAC raised $150 million in a December 2021 IPO with plans to pursue a business combination with a technology-enabled Latin American company.

Estimated cash proceeds are expected to consist of NorthView’s approximately $39 million of cash in trust assuming 80% redemptions or approximately $193 million with no redemptions.

Terms call for a business combination between the SPAC and Mumbai-based Reliance with consideration delivered in a series of four tranches, according to a regulatory filing when the deal was announced last October, totaling $102 million in cash and $38 million in investment.

Atlantic Coastal last February terminated a proposed merger with Essentium, which makes industrial additive manufacturing solutions. The decision was mutual, the SPAC said.

Catcha is focused on companies with operations or prospective operations in the technology, digital media, financial technology, or digital services in Southeast Asia and Australia.

The SPAC said it is lowering the financial consideration for a monthly extension to 5.5 cents a share (or $100,000), down from 6 cents a share ($110,000).

Integrated Rail and Resources in October signed a non-binding letter of intent with a business combination target. The SPAC deposited $2.3 million into trust in November for a three-month extension.

The only other business planned for the shareholders meeting is a vote on whether to expand the methods that Cascadia may employ to not become subject to the “penny stock” rules of the SEC.