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Market Information
−Removed: Our units, Class A Ordinary Shares and warrants are listed on New York Stock Exchange American (“NYSE American”).
−Removed: Class A Ordinary Shares and warrants that are separated trade on NYSE American under the symbols “GLTA” and “GLTA WS”.
+Added: Our Units, Class A Ordinary Shares and Public Warrants are listed on New York Stock Exchange American (“NYSE American”).
+Added: Class A Ordinary Shares and Public Warrants that are separated trade on NYSE American under the symbols “GLTA” and “GLTA WS”.
Those Units not separated from the Class A Ordinary Shares trade on the NYSE American under the symbol “GLTA.U.”
−Removed: As of December 31, 2021, there was one holder of record of our Units, one holder of record of our Class A Ordinary Shares, two holders of record of our Class B Ordinary Shares and two holders of record of our warrants.
+Added: As of December 31, 2022, there was one holder of record of our Units, one holder of record of our Class A Ordinary Shares, two holders of record of our Founder Shares, and two holders of record of our warrants.
We have not paid any cash dividends on our ordinary shares to date and do not intend to pay cash dividends prior to the completion of a business combination.
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On May 14, 2021, the Sponsor transferred an aggregate of 15,000 Founder Shares to an entity controlled by Andrew Stewart, one of our advisors.
+Added: Such securities were issued in connection with our organization pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
On July 9, 2021, the Company consummated its IPO of 12,500,000 Units.
−Removed: Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 6,500,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant in private placements to the Sponsor.
+Added: Each Unit consists of one Class A Ordinary Share of the Company, $0.0001 par value per share, and one-half of one Public Warrant of the Company, each whole Public Warrant entitling the holder thereof to purchase one Class A Ordinary Share at an exercise price of $11.50 per share, subject to adjustment, pursuant to our prospectus.
+Added: Simultaneously with the closing of the IPO, the Company consummated the sale of 6,500,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant in private placements to the Sponsor.
On July 13, 2021, the underwriters exercised the over-allotment option in full, hence 468,750 Founder Shares are no longer subject to forfeiture.
Simultaneously with the closing of the over-allotment option, the Company consummated the sale of 750,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant in private placements to the Sponsor.
+Added: These issuances will be made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less deferred underwriting commissions) to complete our initial business combination.
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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.