1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. π Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. π Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. Valuation & Price Target
4. Business & Product Moat
Discussion
Symbol
XIIIU
Offer Range
β
Shares Offered
30M
Shares Outstanding Pre-IPO
11.5M
30.35M
β
Implied Upside vs Midpoint
$00.00Description
We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We may pursue an initial business combination in any business or industry but expect to focus on a target in an industry where we believe our management team and founderβs expertise will provide us with a competitive advantage. --- Our executive offices are located at 640 Fifth Avenue, 12th Floor, New York, NY 10019, and our telephone number is (212) 380-7500.
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Class A ordinary shares (public units) (listed) 1 vote per share (public Class A shares); Class A shares are redeemable by public holders in connection with business combination/tender offer | 30.35M | 72.5% |
Class B ordinary shares (Founder shares) 1 vote per share; holders of founder (Class B) shares have the right to vote on appointment/removal of directors prior to initial business combination; founder shares will be voted in favor of the initial business combination Β· Initially 1βforβ1 into Class A ordinary shares at time of initial business combination; subject to adjustment (antiβdilution protections) and potential forfeiture | 11.5M | 27.5% |
| Total economic shares | 41.85M | 100% |