S-4 Filing

The SPAC raised $220 million in a March 2021 IPO with plans to target companies in the consumer sector and consumer-related businesses.

SunCar is willing to loan the SPAC up to $1,725,000 more if the deadline must be extended until September of next year.

The SPAC said it needs more time to finalize its merger deal with the global fintech platform.

The deal has a post-transaction enterprise value of $416 million.

The SPAC raised $220 million in an April 2021 IPO "to focus on the rapidly growing universe of Israeli companies and entrepreneurs that apply technology and innovation to our everyday lives,” according to the S-1 filing.

The SPAC in its initial mission statement said it would focus on enhancing access to public financing for companies that are founded by, led by or enrich the lives of women.

Perception II raised $200 million in an October 2021 IPO to target companies engaged in industrial technology.

Intuitive Machines is expected to have a pro forma equity value of more than $1 billion if the deal is approved, assuming there are no redemptions by Inflection Point stockholders.

The parties in June amended their share purchase agreement to reduce the consideration payable by the SPAC and limit the earn-out payment.

Assuming no redemptions, the transaction will deliver approximately $320 million in cash proceeds, net of transaction costs, as well as a $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including Antara Capital.