17 unchanged sentences
Other than as previously disclosed in our Current Reports on Form 8-K or Quarterly Reports on Form 10-Q filed with the SEC, we did not issue any unregistered equity securities during the 12 months ended December 31, 2023.
−Removed: Use of Proceeds
−Removed: On August 12, 2021, APAC consummated its IPO of 23,000,000 units, including 3,000,000 over-allotment units.
−Removed: The units sold were sold at an offering price of $10.00 per unit, generating total gross proceeds of $230 million.
−Removed: The securities in the offering were registered under the Securities Act on a registration statement on Form S-1 (No.
−Removed: 333- 257177).
−Removed: The SEC declared the registration statement effective on August 9, 2021.
−Removed: We incurred a total of approximately $13.7 million in costs as a result of the Initial Public Offering (consisting of $4.6 million of cash underwriting discounts, $8.1 million in deferred underwriting fees and $1.0 million of other offering costs).
−Removed: As such, the Company recorded approximately $13.0 million of offering costs as a reduction of temporary equity and $0.6 million of offering costs as a reduction of permanent equity in connection with the issuance of the Units in the Initial Public Offering and the Private Placement Warrants.
−Removed: Of the gross proceeds received from the IPO, the full exercise of the over-allotment option and the sale of private placement warrants in connection with the IPO, approximately $235.8 million ($10.25 per Public Share) was placed in a trust account.
−Removed: After deducting payments to existing shareholders of $224.0 million in connection with their exercise of redemption rights, the remaining balance immediately prior to the Closing of the Business Combination of approximately $13.3 million remained in the trust account.
−Removed: The remaining amount in the trust account was used to fund the Business Combination and related transaction expenses.
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.