Deep Medicine Acquisition Corp.
announced
TRUG
Capital Structure & Economics
Trust Size$101,000,000
Unit Price$10.00
Warrant Coverage-
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
No Warrants / No Drag| Public Trust Allocation | $101,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedSep 13, 2021
SearchingTarget Pending
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyTruGolf
- SectorGolf Technology
- Announced Deal Size$80,000,000
Board & Officers
- Christopher (Chris) JonesCEO
- B. Shaun LimbersDirector
- Humphrey P. PolanenDirector
- Riley RussellDirector
- AJ RedmerDirector
- Director
- Ronald M. Razmi, MDDirector
- Tina SpiresDirector
- HongLiang RenDirector
- Wanlei MiaoDirector
- Director
- Bryant E. FongDirector
- Marc A. HamerDirector
Advanced Structuring Terms
| Target Sectors | Golf Technology |
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.