secwatch.observer — SEC 8-K summary
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Issuer:     Chain Bridge I (CBRRF)
CIK:        0001845149
Form:       8-K
Filed at:   2021-11-19T23:59:59+00:00
Accession:  0001104659-21-141929
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chain Bridge I completes $230M IPO, places $234.6M in trust for SPAC merger
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- IPO of 23M units at $10/unit, including 3M overallotment; gross proceeds $230M.
- Private placement of 10.55M warrants to sponsor at $1/warrant for $10.55M.
- CB Co-Investment loan of $1.15M, convertible into warrants at $1.00 each.
- Net proceeds of $234.6M placed in trust at $10.20 per unit; total assets $237.1M.
- SPAC has 18 months (extendable to 24) to complete business combination in fintech/business services.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845149/000110465921141929/0001104659-21-141929-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845149/000110465921141929/tm2133455d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-141929

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer