3 unchanged sentences
Unregistered Sale of Equity Securities and Use of Proceeds.
−Removed: Unregistered Sales of Equity Securities
−Removed: On May 11, 2021, we completed the private sale of an aggregate of 585,275 Private Placement Units at a price of $10.00 per Private Placement Unit to the Sponsor generating gross proceeds to the Company of $5,852,750.
−Removed: This purchase took place on a private placement basis simultaneously with the completion of our Initial Public Offering.
−Removed: No underwriting discounts or commissions were paid with respect to such sale.
−Removed: The issuance of the Private Placement Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.
−Removed: The Private Placement Units are identical to the Units, except that (a) the Private Placement Units and their component securities will not be transferable, assignable or saleable until 30 days after the consummation of the Company’s initial business combination except to permitted transferees and (b) the warrants included as a component of the Private Placement Units, so long as they are held by the Sponsor or its permitted transferees, (i) may be exercised by the holders on a cashless basis and (ii) will be entitled to registration rights.
−Removed: Use of Proceeds from the Public Offering
+Added: (a) Unregistered Sales of Equity Securities
+Added: (b) Use of Proceeds from the Public Offering
On May 11, 2021, we consummated our Initial Public Offering of 11,500,000 units (the “Units”), including 1,500,000 Units issued pursuant to the exercise in full of the underwriter’s over-allotment option.
6 unchanged sentences
In addition, the underwriters agreed to defer $4,025,000 in underwriting discounts and commission.
+Added: (c) Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Defaults Upon Senior Securities
2 unchanged sentences
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.