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Market Information
−Removed: Our units, class A ordinary shares and warrants are traded on The NASDAQ Capital Markets, LLC under the symbols “AMAO.U,” “AMAO” and “AMAOU,” respectively.
−Removed: Our units commenced public trading on March 18, 2021.
−Removed: Our Class A ordinary shares and warrants began separate trading on April 27, 2021.
−Removed: As of December 31, 2022, there were six shareholders of record of our common stock.
+Added: Our units, Class A common shares and warrants, are traded on The NASDAQ Capital Markets, LLC under the symbols “RMCO” and “RMCOW,” respectively.
+Added: Upon our business combination, which became effective on October 31, 2023, our units commenced public trading on November 6, 2023.
+Added: As of December 31, 2023, there were 342 shareholders of record of our common stock.
This number includes one position at Cede & Co., which includes an unknown number of shareholders holding shares of 94,261.
The number of both shareholders of record and beneficial shareholders may change on a daily basis and without the Company’s immediate knowledge.
−Removed: 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 our initial business combination.
−Removed: The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition subsequent to completion of our initial business combination.
−Removed: The payment of any cash dividends subsequent to our initial business combination will be within the discretion of our board of directors at such time, and we will only pay such dividend out of our profits or share premium (subject to solvency requirements) as permitted under Delaware law.
−Removed: If we incur any indebtedness in connection with our initial business combination, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection therewith.
+Added: Holders of common stock are entitled to receive dividends as may be declared by our Board of Directors and, in the event of liquidation, to share pro rata in any distribution of assets after payment of liabilities and preferred shareholders.
+Added: Our Board of Directors has sole discretion to determine:
+Added: (i) whether to declare a dividend;
+Added: (ii) the dividend rate, if any, on the shares of any class of series of our capital stock, and if so, from which date or dates;
+Added: and (iii) the relative rights of priority of payment of dividends, if any, between the various classes and series of our capital stock.
+Added: We have not paid any dividends and do not have any current plans to pay any dividends.
Securities Authorized for Issuance Under Equity Compensation Plans
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Recent Sales of Unregistered Sales of Equity Securities
−Removed: On March 12, 2021, our sponsor, American Opportunity Ventures LLC, purchased an aggregate of 3,800,000 placement warrants (or 4,100,000 placement warrants if the over-allotment option is exercised in full) at a price of $1.00 per unit, for an aggregate purchase price of $3,800,000 ($4,100,000 if the over-allotment option is exercised in full).
−Removed: Each placement warrant will be identical to the warrants sold in this offering, except as described in this prospectus.
−Removed: The placement warrants were sold in a private.
−Removed: Upon inception, our initial stockholders own an aggregate of 2,875,000 shares of our Class B common stock (up to 375,000 shares of which are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is exercised) which will automatically convert into shares of our Class A common stock at the time of the consummation of our initial business combination on a one-for-one basis, subject to adjustment as described herein.
Use of Proceeds
−Removed: The proceeds raised through the unregistered sales of equity securities were for general and administrative uses as well as funding the Trust.
SELECTED CONSOLIDATED FINANCIAL DATA
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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.