Prime Number Acquisition I Corporation
closedU=S+W/2W=S@11.50
PNAC
Capital Structure & Economics
Trust Size$61,200,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
50% Warrant Inclusion| Public Trust Allocation | $61,200,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedFeb 1, 2022
Target AnnouncedDec 29, 2022
Maturation Wall
Sep 17, 2023
Announced Target / M&A
- Target CompanyNoco-Noco Pte. Ltd.
- Announcement Date2022-12-29
Board & Officers
- CEO
- Glorious Capital LLCOfficer
- Director
- Director
- Director
Syndicate & Advisors
- LEAD
- LEAD
- Shengang Securities Company LimitedLEAD
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.