other material
confidence high
sentiment neutral
materiality 0.50
Semper Paratus Acquisition Corporation closes IPO and private placement, raises $359.5M gross
Tevogen Bio Holdings Inc.
- IPO of 34.5M units at $10/unit raised $345M gross; private placement of 1.45M units raised $14.5M.
- Total $351.9M deposited in trust account (Continental Stock Transfer & Trust Company as trustee).
- SPAC must complete initial business combination by February 8, 2023 (15 months from IPO).
- Audited balance sheet shows $352.9M total assets, $351.9M temporary equity for redeemable Class A shares.
- Marcum LLP issued unqualified audit opinion; company has no operations yet and will search for target.