−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS FROM REGISTERED SECURITIES.
−Removed: Sales of Equity Securities
+Added: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
+Added: FROM REGISTERED SECURITIES.
+Added: Unregistered Sales of Equity Securities
Founder Shares Sales and Transfer
10 unchanged sentences
consideration of $1,855, or approximately $0.0116 per share.
−Removed: On October 24, 2024, the
−Removed: effective date of the registration statement of the IPO, the Sponsor transferred an aggregate of 60,000 of its Founder Shares, or 20,000
−Removed: each to its three independent directors for their board service, for nominal cash consideration, of $696.
+Added: On October 24, 2024, the effective date of the registration statement
+Added: of the IPO, the Sponsor transferred an aggregate of 60,000 of its Founder Shares, or 20,000 each to its three independent directors for
+Added: their board service, for nominal cash consideration, of $696.
Private Placements
−Removed: October 25, 2024, simultaneously with the closing of the IPO, the Company completed the Private Placement of 240,000 Private Placement
−Removed: Units to the Company’s sponsor, at a purchase price of $10.00 per Private Placement Units, generating gross proceeds to the Company
−Removed: of $2,400,000.
−Removed: above sales were issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
−Removed: commissions were paid in connection with such sales.
+Added: On October 25, 2024, simultaneously
+Added: with the closing of the IPO, the Company completed the Private Placement of 240,000 Private Placement Units to the Company’s
+Added: sponsor, at a purchase price of $10.00 per Private Placement Units, generating gross proceeds to the Company of $2,400,000.
+Added: The above sales were issued
+Added: pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
+Added: No commissions were paid in
+Added: connection with such sales.
In connection with the IPO,
5 unchanged sentences
at a purchase price of $10.00 Private Placement Units, generating gross proceeds of $150,000.
−Removed: The sales of the Additional
−Removed: Private Placement Units issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
−Removed: No commissions were paid in connection with such sales.
−Removed: October 25, 2024, we consummated the IPO of 7,500,000 Public Units, at a price of $10.00 per Unit, generating gross proceeds of $75,000,000.
−Removed: Simultaneously with the closing of the IPO, we consummated the sale of 240,000 Private Placement Units, to our sponsor in Private
−Removed: Placement, generating gross proceeds of $2,400,000.
−Removed: net proceeds of $75,187,500 from the IPO and the Private Placement were placed in the Trust Account established for the benefit of the
−Removed: Company’s public shareholders and the underwriters of the IPO with Continental Stock Transfer & Trust Company acting as trustee.
+Added: The sales of the Additional Private Placement Units issued pursuant
+Added: to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
+Added: No commissions were paid in connection
+Added: with such sales.
+Added: Use of Proceeds
+Added: On October 25, 2024, we consummated
+Added: the IPO of 7,500,000 Public Units, at a price of $10.00 per Unit, generating gross proceeds of $75,000,000.
+Added: Simultaneously with the closing
+Added: of the IPO, we consummated the sale of 240,000 Private Placement Units, to our sponsor in Private Placement, generating gross proceeds
+Added: of $2,400,000.
+Added: The net proceeds of $75,187,500
+Added: from the IPO and the Private Placement were placed in the Trust Account established for the benefit of the Company’s public shareholders
+Added: and the underwriters of the IPO with Continental Stock Transfer & Trust Company acting as trustee.
On November 19, 2024, in connection with the offering of the Option
4 unchanged sentences
MINE SAFETY DISCLOSURES.
+Added: 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.