Thursday, January 20, 2022 3:54:35 PM
Before COB on 1/21/2022:
NVACU = the "Unit", which consisted of 1 share, 1/2 warrant, and 1/10th Right
After COB on 1/21/2022:
NVAC = Common Share
NVACW = A Warrant, 1 Warrant issued for every 2 units owned, no warrants for a single (or odd numbered) unit, warrants are for the future purchase of a share of NVAC @ $11.50, regardless of the market price.
NVACR = Rights, 1/10th of a Right issued for every unit. Apparently, there will be shares issued in 10ths, as I have not seen a restriction as to ownership of fractions of units in lots less than 10 units. The Right is for 1/10th of a common share upon the successful consummation ("joining") of a business relationship.
By buying units in lots of 10, an investor will not lose in the case of a half warrant (since the units purchased are in even numbers), AND the investor will NOT wind up with any fractional shares upon business consummation.
Please note that my posts are for discussion only. They should NOT BE CONSIDERED AS ADVICE FOR YOUR OWN PERSONAL INVESTMENT CHOICES. ALWAYS do your own DD and feel free to question or validate my posts at anytime.
Recent NVAC News
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 03/11/2024 01:05:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 10:00:32 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 02/28/2024 02:34:46 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 01/29/2024 01:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 09:00:10 PM
- Form S-4/A - Registration of securities, business combinations: [Amend] • Edgar (US Regulatory) • 01/16/2024 01:27:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 10:10:08 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/11/2023 11:10:15 AM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 12/01/2023 10:24:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:00:35 PM
- Form S-4/A - Registration of securities, business combinations: [Amend] • Edgar (US Regulatory) • 10/06/2023 08:29:23 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 09/13/2023 09:16:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 09:16:05 PM
- Form S-4/A - Registration of securities, business combinations: [Amend] • Edgar (US Regulatory) • 09/12/2023 09:19:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 09:00:37 PM
- Form S-4/A - Registration of securities, business combinations: [Amend] • Edgar (US Regulatory) • 07/21/2023 08:07:21 PM
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