10X Capital Venture Acquisition Corp

closedU=S+W/2W=S@11.50
VCVCSEC EDGARCIK: 0001821595|10X Capital SPAC Sponsor I LLC

Capital Structure & Economics

Trust Size$175,000,000
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$175,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedSep 25, 2020
Target AnnouncedFeb 3, 2021
Maturation Wall
May 27, 2022

Announced Target / M&A

  • Target CompanyREE
  • Announcement Date2021-02-03

Board & Officers

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