Twin Ridge Capital Acquisition Corp.

closedU=S+W/3W=S@10.00
TRCASEC EDGARCIK: 0001840353|Twin Ridge Capital Sponsor, LLC

Capital Structure & Economics

Trust Size$200,000,000
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$200,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJan 22, 2021
Target AnnouncedNov 29, 2022
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyCarbon Revolution Limited
  • Announcement Date2022-11-29

Board & Officers

  • Jacob DingleCEO
  • William TolerDirector
  • Sanjay K. MoreyDirector
  • William P. Russell, Jr.Director
  • Alison BurnsDirector
  • Paul HenrysDirector
  • Gary PilnickDirector
  • Dale MorrisonDirector
  • Dale F. MorrisonDirector

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