Sponsor purchased 2,875,000 founder shares for an aggregate purchase price of $25,000
The newest list of executive officers is more than 18 months old, and no officer has filed a Form 3, 4 or 5 since.
Open the proxyThe latest proxy was filed May 23, 2025 and its board is being read. Check back shortly.
Open the proxySponsor purchased 2,875,000 founder shares for an aggregate purchase price of $25,000
Sponsor transferred 20,000 founder shares to the Chief Executive Officer
Sponsor transferred 20,000 founder shares to David Kopp
Sponsor transferred 15,000 founder shares to the Chief Financial Officer
Sponsor transferred 10,000 founder shares to each independent director nominee
Sponsor transferred 431,250 founder shares to ARC Group Limited; ARC Group Limited purchased its net 140,450 shares in consideration of services as financial advisor
Working Capital Loans from the Sponsor or its affiliates, or officers and directors, to finance transaction costs; company had borrowed $522,431 as of December 31, 2023
Unsecured non-interest bearing promissory note from the Sponsor allowing borrowing of up to $300,000 for IPO costs; $122,352 repaid January 6, 2022 and note terminated
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