ProCap Acquisition Corp closes upsized $250M IPO; units trade on Nasdaq

ProCap Acquisition Corp

IPO of 22M units at $10/unit; partial over-allotment exercise brings total to 25M units, gross proceeds $250M.
Trust account funded with $247.7M from IPO and private placement proceeds ($4.3M from 430,000 sponsor units).
Board appointed: Lindsey Haswell, Michael Gonzalez, Benjamin Buchanan as directors; committees formed.
Company is a blank-check SPAC targeting financial technology industry for initial business combination.
Units trade under PCAPU; Class A shares (PCAP) and warrants (PCAPW) to list separately.

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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Benjamin Buchanan

Director

PCAP · ProCap Acquisition Corp

Effective: 2025-05-20
Filed: May 27, 2025 23:59 UTC

Lindsey Haswell, Michael Gonzalez, and Benjamin Buchanan (the “ New Directors ”) were appointed to the board of directors of the Company

Appointed

Lindsey Haswell

Director

PCAP · ProCap Acquisition Corp

Effective: 2025-05-20
Filed: May 27, 2025 23:59 UTC

Lindsey Haswell, Michael Gonzalez, and Benjamin Buchanan (the “ New Directors ”) were appointed to the board of directors of the Company

Appointed

Michael Gonzalez

Director

PCAP · ProCap Acquisition Corp

Effective: 2025-05-20
Filed: May 27, 2025 23:59 UTC

Lindsey Haswell, Michael Gonzalez, and Benjamin Buchanan (the “ New Directors ”) were appointed to the board of directors of the Company

Source: SEC EDGAR

accession 0001213900-25-047495

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