North Atlantic Acquisition Corporation

announcedU=S+W/3W=S@11.50
NAACSEC EDGARCIK: 0001830063|NAAC Sponsor LP

Capital Structure & Economics

Trust Size$300,000,000
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$300,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJan 4, 2021
Target AnnouncedDec 16, 2021
Maturation Wall
Jan 26, 2023

Announced Target / M&A

  • Target CompanyTeleSign
  • Announced Deal Size$1,300,000,000
  • Announcement Date2021-12-16

Board & Officers

  • Gary Quin(4)
    CEO
  • Patrick DoranOfficer
  • Andrew MorganOfficer
  • Mark KeatingOfficer
  • Dimitri PanayotopoulosOfficer
  • Tamara SakovskaOfficer

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