−Removed: Sales of Equity Securities and Use of Proceeds.
−Removed: Simultaneously
−Removed: with the closing of the Initial Public Offering, the Company consummated the Private Placement of 6,266,667 Private Placement Warrants,
−Removed: at a price of $1.50 per Private Placement Warrant, to the Sponsor and the Anchor Investors, generating proceeds of $9.4 million.
−Removed: connection with the Initial Public Offering, our Sponsor had agreed to loan us an aggregate of up to $300,000 pursuant to a promissory
−Removed: This loan is non-interest bearing and payable on the consummation of the Initial Public Offering.
−Removed: We borrowed approximately $90,000
−Removed: under a promissory note and fully repaid the promissory note on February 15, 2021.
−Removed: the gross proceeds received from the Initial Public Offering and the full exercise of the option to purchase additional Shares, $345,000,000
−Removed: was placed in the Trust Account.
−Removed: The net proceeds of the Initial Public Offering and certain proceeds from the Private Placement are
−Removed: invested in U.S.
−Removed: government treasury bills with a maturity of 180 days or less and in money market funds meeting certain conditions under
−Removed: Rule 2a-7 under the Investment Company Act which invest only in direct U.S.
−Removed: government treasury obligations.
−Removed: paid a total of approximately $7.1 million in underwriting discounts and commissions related to the Initial Public Offering.
−Removed: the underwriters agreed to defer $12.1 million in underwriting discounts and commissions.
−Removed: upon Senior Securities
−Removed: Safety Disclosures .
+Added: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: In connection with the terms of that certain Agreement and Plan of Merger, dated July 15, 2021, by and among Legacy Core, Blockcap and the other parties thereto, on February 24, 2022, the Company issued to Foundry Digital, LLC 1,580,288 shares of the Company’s common stock.
+Added: These shares were issued in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended, as a result of the delivery of certain mining equipment acquired in connection with the Blockcap Acquisition.
+Added: Defaults Upon Senior Securities
+Added: Mine Safety Disclosures
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.