−Removed: Unregistered Sales
−Removed: of Equity Securities and Use of Proceeds from Registered Securities
−Removed: Use of Proceeds
−Removed: from the Initial Public Offering and Concurrent Private Placement
+Added: Unregistered Sales of Equity Securities
+Added: and Use of Proceeds from Registered Securities
+Added: Use of Proceeds from
+Added: the Initial Public Offering and Concurrent Private Placement
On November 17, 2020
−Removed: 2020 we consummated the Initial Public Offering of 23,000,000 Units, with each Unit consisting of one share of Class A common stock
−Removed: and one-third of one warrant.
−Removed: Each whole warrant is exercisable to purchase one share of Class A common stock at an exercise price
−Removed: of $11.50 per whole share.
−Removed: The Units in the Initial Public Offering were sold at an offering price of $10.00 per Unit, generating
−Removed: total gross proceeds of approximately $230,000,000.
+Added: we consummated the Initial Public Offering of 23,000,000 Units, with each Unit consisting of one share of Class A common stock and one-third
+Added: of one warrant.
+Added: Each whole warrant is exercisable to purchase one share of Class A common stock at an exercise price of $11.50 per whole
+Added: The Units in the Initial Public Offering were sold at an offering price of $10.00 per Unit, generating total gross proceeds of
+Added: approximately $230,000,000.
acted as sole book-running manager for the Initial Public Offering.
−Removed: The securities sold in the Initial Public Offering were registered under the Securities Act on a registration statement on Form
−Removed: The SEC declared the registration statement effective on November 12, 2020.
−Removed: We paid a total
−Removed: of $4,100,000 in underwriting discounts and commissions and approximately $500,000 for other costs and expenses related to the
−Removed: Initial Public Offering.
+Added: The securities sold in the
+Added: Initial Public Offering were registered under the Securities Act on a registration statement on Form S-1 (No.
+Added: The SEC declared
+Added: the registration statement effective on November 12, 2020.
+Added: We paid a total of $4,100,000
+Added: in underwriting discounts and commissions and approximately $500,000 for other costs and expenses related to the Initial Public Offering.
In addition, we have engaged CF&Co.
−Removed: as an advisor in connection with our business combination, pursuant
−Removed: to a Business Combination Marketing Agreement.
+Added: as an advisor in connection with our business combination, pursuant to a Business Combination
+Added: Marketing Agreement.
We will pay CF&Co.
−Removed: a cash fee for such services out of funds in the Trust Account
−Removed: upon the consummation of the Initial Business Combination in an amount of $8,650,000, which is equal to 3.5% of the gross proceeds
−Removed: of the base offering in the Initial Public Offering, and 5.5% of the gross proceeds from the full exercise of the underwriters’
−Removed: over-allotment option.
−Removed: We also repaid the Pre-IPO Note to our Sponsor from the proceeds of the Initial Public Offering.
−Removed: After deducting
−Removed: the underwriting discounts and commissions and the offering expenses, the total net proceeds from our Initial Public Offering and
−Removed: the sale of the Private Placement Units was approximately $230,000,000, of which $225,000,000 of the proceeds from the Initial
−Removed: Public Offering and $5,000,000 of the proceeds of the sale of the Private Placement Units, was placed in the Trust Account.
−Removed: of March 31, 2021, approximately $31,500 was held outside the Trust Account and will be used to fund the Company’s operating
−Removed: The proceeds held in the Trust Account may be invested by the trustee only in U.S.
−Removed: government treasury bills with a maturity
−Removed: of 185 days or less or in money market funds investing solely in U.S.
−Removed: government treasury obligations and meeting certain conditions
−Removed: under Rule 2a-7 under the Investment Company Act.
−Removed: There has been
−Removed: no material change in the planned use of the proceeds from the Initial Public Offering and Private Placement as is described in
−Removed: the Company’s final prospectus related to the Initial Public Offering.
−Removed: Defaults Upon Senior
+Added: a cash fee for such services out of funds in the Trust Account upon the consummation of the
+Added: Initial Business Combination in an amount of $8,650,000, which is equal to 3.5% of the gross proceeds of the base offering in the Initial
+Added: Public Offering, and 5.5% of the gross proceeds from the full exercise of the underwriters’ over-allotment option.
+Added: We also repaid
+Added: the Pre-IPO Note to our Sponsor from the proceeds of the Initial Public Offering.
+Added: After deducting the underwriting
+Added: discounts and commissions and the offering expenses, the total net proceeds from our Initial Public Offering and the sale of the Private
+Added: Placement Units was approximately $230,000,000, of which $225,000,000 of the proceeds from the Initial Public Offering and $5,000,000
+Added: of the proceeds of the sale of the Private Placement Units, was placed in the Trust Account.
+Added: As of June 30, 2021, approximately $128,700
+Added: was held outside the Trust Account and will be used to fund the Company’s operating expenses.
+Added: The proceeds held in the Trust Account
+Added: may be invested by the trustee only in U.S.
+Added: government treasury bills with a maturity of 185 days or less or in money market funds investing
+Added: solely in U.S.
+Added: government treasury obligations and meeting certain conditions under Rule 2a-7 under the Investment Company Act.
+Added: There has been no material
+Added: change in the planned use of the proceeds from the Initial Public Offering and Private Placement as is described in the Company’s
+Added: final prospectus related to the Initial Public Offering.
+Added: Defaults Upon Senior Securities
Mine Safety Disclosures
1 unchanged sentence
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.