ACE Convergence Acquisition Corp.

closedU=S+W/2W=S@11.50
TMPOSEC EDGARCIK: 0001813658|Tempo Automation Holdings, Inc.•Semiconductors

Capital Structure & Economics

Trust Size$200,000,000
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$200,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJul 6, 2020
SearchingTarget Pending
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyTempo Automation, Inc.
  • SectorSemiconductors
  • Announced Deal Size$1,700,000,000

Board & Officers

  • Joy WeissCEO
  • ACE Convergence Acquisition Corp.Officer
  • Behrooz AbdiOfficer
  • Sunny SiuOfficer
  • Denis Tse(2)
    Officer
  • Minyoung ParkOfficer
  • Kenneth KleinOfficer
  • Omid TaherniaOfficer
  • Ryan Benton(2)
    Officer
  • Raquel ChmielewskiOfficer
  • ACE Equity Partners LLCOfficer
  • Dr. Sunny SiuOfficer

Advanced Structuring Terms

Target SectorsSemiconductors

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