Highland Transcend Partners I Corp.

closedU=S+W/3W=S@11.50
HTPASEC EDGARCIK: 0001828817|Highland Transcend Partners I , LLC•eCommerce

Capital Structure & Economics

Trust Size$250,000,000
Unit Price$10.00
Warrant Coverage1/3
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

33% Warrant Inclusion
Public Trust Allocation$250,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedNov 16, 2020
Target AnnouncedSep 8, 2021
Maturation Wall
Dec 7, 2022

Announced Target / M&A

  • Target CompanyPackable Holdings, LLC
  • SectoreCommerce
  • Announced Deal Size$1,550,000,000
  • Announcement Date2021-09-08

Board & Officers

  • Ian FriedmanCEO
  • Bob DavisOfficer
  • Paul MaederOfficer
  • Dan NovaOfficer
  • Greg Peters(2)
    Director

Advanced Structuring Terms

Target SectorseCommerce

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction