Illegal Activity
none
Blackmail
none
Date
2015-07-27
Document Type
prospectus
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document details the planned allocation of funds from an offering, including amounts for a business combination, legal and accounting fees, and administrative expenses. It also describes the establishment of a trust account to hold the proceeds and the potential for loans from the sponsor to cover transaction costs.
Metadata
- Subject
- Business Combination Expenses and Trust Account Details
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0057864
- Date
- 2015-07-27
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Continental Stock Transfer & Trust Company | Trustee | Trust Account | Continental Stock Transfer & Trust Company acts as trustee for the trust account. |
| Sponsor | Loan | Company | The sponsor or an affiliate may loan funds to the company for transaction costs related to a business combination. |
Notable Quotes 2
The rules of the NASDAQ Capital Market provide that at least 90% of the gross proceeds from this offering and the private placement be deposited in a trust account.
In addition, in order to finance transaction costs in connection with an intended initial business combination our sponsor or an affiliate of our sponsor or certain of our officers, directors and director nominees may, but are not obligated to, loan us funds as may be required.
Financial Information
Amounts:400,000150,000240,00050,00075,00085,0001,000,000225,000750,0004,050,0004,657,500135,000,000155,250,00025,0001,500,0000.50
Assets:
- Trust account funds
- U.S. government treasury bills
- Money market funds
Transactions:
- Payment for office space, administrative and support services
- Payment for liquidation expenses
- NASDAQ continued listing fees
- Loans from sponsor to cover offering expenses
- Deferred underwriting commissions
- Repayment of loans from trust account proceeds
- Investment of trust account funds in U.S. government treasury bills or money market funds
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 2
NASDAQContinental Stock Transfer & Trust Company
Locations 1
U.S.
Text Analysis
- Tone
- Informative
- Purpose
- To provide details about the company's expenses, the trust account, and the use of proceeds from the offering.
- Significance
- This document outlines the financial structure and planned use of funds for a special purpose acquisition company (SPAC) seeking a business combination.
File Info
- File Name
- EFTA01366338.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:16.392168
- DOJ Source
- View on DOJ