−Removed: Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: On August 17, 2021, we consummated our initial public offering of 15,000,000
−Removed: Each Unit consists of one share of Class A common stock, par value $0.0001 per share, and three-quarters of one redeemable warrant,
−Removed: each whole warrant entitling the holder thereof to purchase one whole share of Class A Common Stock at an exercise price of $11.50 per
+Added: Unregistered Sales of Equity Securities
+Added: and Use of Proceeds.
+Added: On August 17, 2021, we consummated our initial
+Added: public offering of 15,000,000 Units.
+Added: Each Unit consists of one share of Class A common stock, par value $0.0001 per share, and three-quarters
+Added: of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one whole share of Class A Common Stock at an exercise
+Added: price of $11.50 per share.
The Units were sold at a price of $10.00 per unit, generating gross proceeds of $150,000,000.
−Removed: securities sold in the offering were registered under the Securities Act on a registration statement on Form S-1 (No.
−Removed: 333- 253695 ).
−Removed: The SEC declared the registration statement effective on August 12, 2021.
−Removed: On August 17, 2021, simultaneously with the consummation of the IPO,
−Removed: we completed the private sale(of 6,000,000 warrants at a purchase price of $1.00 per Private Placement Warrant, to our sponsor, CENAQ
−Removed: Sponsor, LLC, and the Underwriters, generating gross proceeds to the Company of $6,000,000.
−Removed: A total of $ 151,500,000 of the proceeds from the IPO and the Private
−Removed: Placement were placed in a U.S.-based trust account at J.P.
+Added: The securities sold in the offering were registered
+Added: under the Securities Act on a registration statement on Form S-1 (No.
+Added: The SEC declared the registration statement
+Added: effective on August 12, 2021.
+Added: On August 17, 2021, simultaneously with the consummation
+Added: of the IPO, we completed the private sale of 6,000,000 warrants at a purchase price of $1.00 per Private Placement Warrant, to our sponsor,
+Added: CENAQ Sponsor, LLC, and the Underwriters, generating gross proceeds to the Company of $6,000,000.
+Added: A total of $ 151,500,000 of the proceeds from
+Added: the IPO and the Private Placement were placed in a U.S.-based trust account at J.P.
Morgan Chase Bank, N.A.
−Removed: maintained by Continental Stock Transfer & Trust
−Removed: Company, acting as trustee.
−Removed: On August 19, 2021, we consummated the sale of additional 2,250,000
−Removed: Units that were subject to the underwriters’ over-allotment option at $10.00 per Unit, generating gross proceeds of $22,500,000.
−Removed: Simultaneously with the closing of the sale of additional units, we consummated the sale of an additional 675,000 private Warrants, generating
−Removed: total proceeds of $675,000.
−Removed: Following the closing of the over-allotment option and sale of additional private Warrants, an aggregate amount of $174,225,000 has been placed in the trust account established in connection with the IPO.
−Removed: The net proceeds of the Initial Public Offering (including the Over-Allotment)
−Removed: and certain proceeds from the sale of the Private Placement Warrants may be invested in U.S.
−Removed: government treasury bills with a maturity
−Removed: of 185 days or less and in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act which
−Removed: invest only in direct U.S.
+Added: maintained by Continental
+Added: Stock Transfer & Trust Company, acting as trustee.
+Added: On August 19, 2021, we consummated the sale of
+Added: additional 2,250,000 Units that were subject to the underwriters’ over-allotment option at $10.00 per Unit, generating gross proceeds
+Added: of $22,500,000.
+Added: Simultaneously with the closing of the sale of additional units, we consummated the sale of an additional 675,000 private
+Added: Warrants, generating total proceeds of $675,000.
+Added: Following the closing of the over-allotment option and sale of additional private Warrants,
+Added: an aggregate amount of $174,225,000 has been placed in the trust account established in connection with the IPO.
+Added: The net proceeds of the Initial Public Offering
+Added: (including the Over-Allotment) and certain proceeds from the sale of the Private Placement Warrants may be invested in U.S.
+Added: treasury bills with a maturity of 185 days or less and in money market funds meeting certain conditions under Rule 2a-7 under
+Added: the Investment Company Act which invest only in direct U.S.
government treasury obligations.
−Removed: The proceeds are after deducting $3,450,000 in underwriting discounts
−Removed: and commissions and an aggregate amount of $1,500,000 to pay fees and expenses in connection with the closing of the IPO and for working
−Removed: capital following the closing of the IPO.
+Added: The proceeds are after deducting $3,450,000 in
+Added: underwriting discounts and commissions and an aggregate amount of $1,500,000 to pay fees and expenses in connection with the closing of
+Added: the IPO and for working capital following the closing of the IPO.
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.