UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: Use of Proceeds
−Removed: On March 4, 2021, the
−Removed: Company consummated the Initial Public Offering of 30,000,000 units, at $10.00 per Unit, generating gross proceeds of $300,000,000.
−Removed: Each unit consists of one share of Class A common stock, par value $0.0001 per share, and one-fourth of one
−Removed: redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of Class A common stock for $11.50 per share.
−Removed: Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 5,333,333 warrants at a price of $1.50 per Private
−Removed: Placement Warrant in a private placement generating gross proceeds of $8,000,000.
−Removed: On March 5, 2021 the over-allotment was partially exercised and
−Removed: 1,750,000 additional Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $17,500,000.
−Removed: In connection with the exercise of the over-allotment option, the Company sold 233,333 Private Placement Warrants to the Sponsor
−Removed: at a purchase price of $1.50 per Private Placement Warrant, generating gross proceeds of $350,000.
−Removed: Following the closing of our initial public offering
−Removed: on February 2, 2021, a total of $317,500,000 comprised of $309,150,001 of the proceeds from the Initial Public Offering and $8,349,999 of the proceeds of the sale of the Private Placement Warrants, was placed in a U.S.-based trust account maintained
−Removed: by Continental Stock Transfer & Trust Company, acting as trustee.
−Removed: The proceeds held in the trust account may be invested by the trustee only in U.S.
−Removed: government securities with a maturity of 185 days or less or in money market funds investing
−Removed: solely in U.S.
−Removed: government treasury obligations and meeting certain conditions under Rule 2a-7 under the Investment Company Act, as amended.
−Removed: been no material change in the planned use of the proceeds from our initial public offering and the private placement as is described in the Companys final prospectus related to our initial public offering.
+Added: On March 4, 2021, the Company consummated the Initial Public Offering of 30,000,000 units, at $10.00 per Unit, generating gross proceeds of $300,350,000.
+Added: Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 5,333,333 warrants at a price of $1.50 per Private Placement Warrant in a private placement generating gross proceeds of $8,000,000.
+Added: On March 5, 2021 the over-allotment was partially exercised and 1,750,000 additional Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $17,500,000.
+Added: In connection with the exercise of the over-allotment option, the Company sold 233,333 Private Placement Warrants to the Sponsor at a purchase price of $1.50 per Private Placement Warrant, generating gross proceeds of $350,000.
DEFAULTS UPON SENIOR SECURITIES
+Added: MINE SAFETY DISCLOSURES
Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.