☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
Cayman Islands | N/A | |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) | |
9/F East Tower, Genesis Beijing No. 8 Xinyuan South Road Chaoyang District, Beijing People’s Republic of China | 100027 | |
(Address of principal executive offices) | (Zip Code) |
Title of each class | Trading Symbols | Name of each exchange on which registered | ||
Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant | CCAC.U | The New York Stock Exchange | ||
Class A ordinary shares, par value $0.0001 per share | CCAC | The New York Stock Exchange | ||
Redeemable warrants, each warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share | CCAC WS | The New York Stock Exchange |
Large accelerated filer | ☐ | Accelerated filer | ☐ | |||
Non-accelerated filer | ☒ | Smaller reporting company | ☒ | |||
Emerging growth company | ☒ |
�� | F-38 | |||
F-39 | ||||
F-40 | ||||
F-41 | ||||
F-42 | ||||
F-43 |
December 31, | ||||||||
2020 (As Restated) | 2019 | |||||||
Assets: | ||||||||
Cash | $ | 981,606 | $ | 300,000 | ||||
Prepaid expenses | 16,589 | — | ||||||
Total current assets | 998,195 | 300,000 | ||||||
Deferred offering costs | — | 87,885 | ||||||
Investments held in Trust Account | 277,845,876 | — | ||||||
Total assets | $ | 278,844,071 | $ | 387,885 | ||||
Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit: | ||||||||
Liabilities: | ||||||||
Accounts payable and accrued expenses | $ | 28,509 | $ | — | ||||
Due to related parties | 55,931 | 85,851 | ||||||
Advance from Sponsor | — | 300,000 | ||||||
Total current liabilities | 84,440 | 385,851 | ||||||
Deferred underwriting commissions | 9,660,000 | — | ||||||
Warrant liabilities | 36,620,000 | — | ||||||
Total liabilities | 46,364,440 | 385,851 | ||||||
Commitments and Contingencies | 0 | 0 | ||||||
Class A ordinary shares subject to possible redemption; 27,600,000 shares and 0 shares at December 31, 2020 and 2019, respectively (at redemption value of $10.00 per share) | 276,000,000 | 0— | ||||||
Shareholders’ deficit: | ||||||||
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; 0 shares issued and outstanding | 0— | 0— | ||||||
Class A ordinary shares, $0.0001 par value, 200,000,000 shares authorized, 0 shares (excluding 27,600,000 shares subject to possible redemption) issued and outstanding at December 31, 2020 and 0 shares issued and outstanding at December 31, 2019 | 0 | — | ||||||
Class B ordinary shares, $0.0001 par value, 20,000,000 shares authorized, 6,900,000 shares issued and outstanding at December 31, 2020 and 2019 | 690 | 690 | ||||||
Additional paid-in capital | 0 | 24,310 | ||||||
Retained earnings (accumulated deficit) | (43,521,059 | ) | (22,966 | ) | ||||
Total shareholders’ (deficit) equity | (43,520,369 | ) | 2,034 | |||||
Total liabilities, Class A ordinary shares subject to possible redemption and shareholders’ deficit | $ | 278,844,071 | $ | 387,885 | ||||
For the Year Ended December 31, 2020 (As Restated) | For the period from September 9, 2019 (inception) through December 31, 2019 | |||||||
General and administrative expenses | $ | 562,220 | $ | 22,966 | ||||
Loss from operations | (562,220 | ) | (22,966 | ) | ||||
Other Income (expense): | ||||||||
Excess of the fair value of the private placement warrants over the cash received | (2,932,800 | ) | — | |||||
Warrant issuance costs | (1,044,453 | ) | — | |||||
Change in fair value or warrant liabilities | (7,813,200 | ) | — | |||||
Interest income and realized gain from sale of treasury securities | 1,845,877 | 0 | ||||||
Net loss | $ | (10,506,796 | ) | $ | (22,966 | ) | ||
Weighted average shares outstanding of Class A ordinary shares | 24,348,493 | 0 | ||||||
Basic and diluted net loss per share, Class A ordinary shares | $ | (0.34 | ) | $ | 0 | |||
Weighted average shares outstanding of Class B ordinary shares | 6,900,000 | 6,000,000 | ||||||
Basic and diluted net loss per share, Class B ordinary shares | $ | (0.34 | ) | $ | (0.00 | ) | ||
Ordinary Shares | Additional Paid-In Capital | Accumulated Deficit | Total Shareholders’ Deficit | |||||||||||||||||||||||||
Class A | Class B | |||||||||||||||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||||||||||||||
Balance as of September 9, 2019 (inception) | 0 | $ | 0— | $ | 0— | $ | 0— | $ | 0— | $ | 0— | |||||||||||||||||
Issuance of Class B ordinary shares to Sponsor at approximately $0.004 per share | 0 | 0— | 6,900,000 | 690 | 24,310 | 0— | 25,000 | |||||||||||||||||||||
Net loss | — | — | — | — | — | (22,966 | ) | (22,966 | ) | |||||||||||||||||||
Balance as of December 31, 2019 | 0 | $ | 0— | 6,900,000 | $ | 690 | $ | 24,310 | $ | (22,966 | ) | $ | 2,034 | |||||||||||||||
Accretion of Class A ordinary shares subject to redemption | — | — | — | — | (24,310 | ) | (32,991,297 | ) | (33,015,607 | ) | ||||||||||||||||||
Net loss | — | — | — | — | — | (10,506,796 | ) | (10,506,796 | ) | |||||||||||||||||||
Balance as of December 31, 2020 (As Restated) | 0 | $ | 0 | 6,900,000 | $ | 690 | $ | 0 | $ | (43,521,059 | ) | (43,520,369 | ) | |||||||||||||||
For the Year Ended December 31, 2020 (As Restated) | For the period from September 9, 2019 (inception) through December 31, 2019 | |||||||
Cash Flows from Operating Activities: | ||||||||
Net (loss) | $ | (10,506,796 | ) | $ | (22,966 | ) | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Realized gain and interest earned on investment held in Trust Account | (1,845,876 | ) | 0 | |||||
Excess of the fair value of the private placement warrants over the cash received | 2,932,800 | — | ||||||
Warrant issuance costs | 1,044,453 | — | ||||||
Change in fair value of warrant liabilities | 7,813,200 | — | ||||||
Changes in operating assets and liabilities: | ||||||||
Prepaid expenses | (16,589 | ) | — | |||||
Accounts payable and accrued expenses | 28,509 | — | ||||||
Due to related parties | 10,080 | 22,966 | ||||||
Net cash used in operating activities | (540,219 | ) | 0 | |||||
Cash Flows from Investing Activities: | ||||||||
Purchase of investments held in Trust Account | (276,000,000 | ) | — | |||||
Net cash used in investing activities | (276,000,000 | ) | — | |||||
Cash Flows from Financing Activities: | ||||||||
Proceeds from Initial Public Offering | 276,000,000 | — | ||||||
Proceeds from private placement | 7,520,000 | — | ||||||
Repayment of Sponsor loan | (300,000 | ) | 300,000 | |||||
Payments of offering costs | (5,998,175 | ) | — | |||||
Net cash provided by financing activities | 277,221,825 | 300,000 | ||||||
Net Change in Cash | 681,606 | 300,000 | ||||||
Cash - Beginning | 300,000 | — | ||||||
Cash - Ending | $ | 981,606 | $ | 300,000 | ||||
Supplemental Disclosure of Non-cash Financing Activities: | ||||||||
Deferred underwriting commissions charged to additional paid in capital | $ | 9,660,000 | $ | — | ||||
Deferred offering costs paid by sponsor in exchange for founder shares | $ | — | $ | 25,000 | ||||
Increase in due to related party for deferred offering costs | $ | — | $ | 62,885 | ||||
As Previously Restated in the First Amended Filing | Adjustment | As Restated | ||||||||||
Balance Sheet as of February 13, 2020 | ||||||||||||
Class A Ordinary shares subject to possible redemption | $ | 234,052,236 | $ | 41,947,764 | $ | 276,000,000 | ||||||
Class A Ordinary shares, $0.0001 par value | $ | 419 | $ | (419 | ) | $ | 0 | |||||
Additional Paid in Capital | $ | 8,998,141 | $ | (8,998,141 | ) | $ | 0 | |||||
Accumulated Deficit | $ | (3,999,245 | ) | $ | (32,949,204 | ) | $ | (36,948,449 | ) | |||
Total Shareholders’ Equity (Deficit) | $ | 5,000,005 | $ | (41,947,764 | ) | $ | (36,947,759 | ) | ||||
Number of shares subject to redemption | 23,405,224 | 4,194,776 | 27,600,000 |
As Previously Restated in the First Amended Filing | Adjustment | As Restated | ||||||||||
Balance Sheet as of March 31, 2020 (unaudited) | ||||||||||||
Class A Ordinary share s subject to possible redemption | $ | 246,977,618 | $ | 29,022,382 | $ | 276,000,000 | ||||||
Class A Ordinary shares, $0.0001 par value | $ | 290 | $ | (290 | ) | $ | 0 | |||||
Additional Paid in Capital | $ | (3,964,388 | ) | $ | 3,964,388 | $ | 0 | |||||
Retained Earnings (Accumulated Deficit) | $ | 8,963,409 | $ | (32,986,480 | ) | $ | (24,023,071 | ) | ||||
Total Shareholders’ Equity (Deficit) | $ | 5,000,001 | $ | (29,022,382 | ) | $ | (24,022,381 | ) | ||||
Number of shares subject to redemption | 24,697,762 | 2,902,238 | 27,600,000 |
As Previously Restated in the First Amended Filing | Adjustment | As Restated | ||||||||||
Statement of Operations For the three months ended March 31, 2020 (unaudited) | ||||||||||||
Weighted average shares outstanding of Class A ordinary shares, basic and diluted | 27,600,000 | (13,186,667 | ) | 14,413,333 | ||||||||
Weighted average shares outstanding of Class B ordinary shares, basic and diluted | 6,474,725 | 425,275 | 6,900,000 | |||||||||
Basic and diluted net income per ordinary share, Class A | $ | 0.06 | $ | 0.36 | $ | 0.42 | ||||||
Basic and diluted net income per ordinary share, Class B | $ | 1.12 | $ | (0.70) | $ | 0.42 |
As Previously Restated in the First Amended Filing | Adjustment | As Restated | ||||||||||
Statement of Cash Flows for the three months ended March 31, 2020 | ||||||||||||
Supplemental disclosure of cash flow information: | ||||||||||||
Initial value of Class A ordinary shares subject to possible redemption | $ | 264,535,214 | $ | (264,535,214 | ) | $ | 0 |
As Previously Restated in the First Amended Filing | Adjustment | As Restated | ||||||||||
Balance Sheet as of June 30, 2020 (unaudited) | ||||||||||||
Class A Ordinary shares subject to possible redemption | $ | 248,419,296 | $ | 27,580,704 | $ | 276,000,000 | ||||||
Class A Ordinary shares, $0.0001 par value | $ | 276 | $ | (276 | ) | $ | 0 | |||||
Additional Paid in Capital | $ | (5,410,869 | ) | $ | 5,410,869 | $ | 0 | |||||
Retained Earnings (Accumulated Deficit) | $ | 10,409,904 | $ | (32,991,297 | ) | $ | (22,581,393 | ) | ||||
Total Shareholders’ Equity (Deficit) | $ | 5,000,001 | $ | (27,580,704 | ) | $ | (22,580,703 | ) | ||||
Number of shares subject to redemption | 24,841,930 | 2,758,070 | 27,600,000 |
As Previously Restated in the First Amended Filing | Adjustment | As Adjusted | ||||||||||
Statement of Operations For the three months ended June 30, 2020 | ||||||||||||
Basic and diluted net income per ordinary share, Class A | $ | 0 | $ | 0.04 | $ | 0.04 | ||||||
Basic and diluted net loss per ordinary share, Class B | $ | (0.20 | ) | $ | 0.24 | $ | 0.04 |
As Previously Restated in the First Amended Filing | Adjustment | As Restated | ||||||||||
Statement of Operations For the six months ended June 30, 2020 (unaudited) | ||||||||||||
Weighted average shares outstanding of Class A ordinary shares, basic and diluted | 27,600,000 | (6,556,906 | ) | 21,043,094 | ||||||||
Weighted average shares outstanding of Class B ordinary shares, basic and diluted | 6,687,363 | 212,637 | 6,900,000 | |||||||||
Basic and diluted net income per ordinary share, Class A | $ | 0.07 | $ | 0.30 | $ | 0.37 | ||||||
Basic and diluted net (loss) income per ordinary share, Class B | $ | 1.29 | $ | (0.92) | $ | 0.37 |
As Previously Restated in the First Amended Filing | Adjustment | As Restated | ||||||||||
Statement of Cash Flows for the six months ended June 30, 2020 | ||||||||||||
Supplemental disclosure of cash flow information: | ||||||||||||
Initial value of Class A ordinary shares subject to possible redemption | $ | 264,434,096 | $ | (264,434,096 | ) | $ | 0 |
As Previously Restated in the First Amended Filing | Adjustment | As Restated As Adjusted | ||||||||||
Balance Sheet as of September 30, 2020 (unaudited) | ||||||||||||
Class A Ordinary share s subject to possible redemption | $ | 237,171,607 | $ | 38,828,393 | $ | 276,000,000 | ||||||
Ordinary shares Class A, $0.0001 par value | $ | 388 | $ | (388 | ) | $ | 0 | |||||
Additional Paid in Capital | $ | 5,836,708 | $ | (5,836,708 | ) | $ | 0 | |||||
Accumulated Deficit | $ | (837,785 | ) | $ | (32,991,297 | ) | $ | (33,829,082 | ) | |||
Total Shareholders’ Equity (Deficit) | $ | 5,000,001 | $ | (38,828,393 | ) | $ | (33,828,392 | ) | ||||
Number of shares subject to redemption | 23,717,161 | 3,882,839 | 27,600,000 |
As Previously Restated in the First Amended Filing | Adjustment | As Adjusted | ||||||||||
Statement of Operations For the three months ended September 30, 2020 | ||||||||||||
Basic and diluted net income per ordinary share, Class A | $ | 0 | $ | (0.33 | ) | $ | (0.33 | ) | ||||
Basic and diluted net loss per ordinary share, Class B | $ | (1.63 | ) | $ | 1.30 | $ | (0.33 | ) |
As Previously Restated in the First Amended Filing | Adjustment | As Restated As Adjusted | ||||||||||
Statement of Operations For the nine months ended September 30, 2021 (unaudited) | ||||||||||||
Weighted average shares outstanding of Class A ordinary shares, basic and diluted | 27,600,000 | (4,347,253) | 23,252,747 | |||||||||
Weighted average shares outstanding of Class B ordinary shares, basic and diluted | 6,758,759 | 141,241 | 6,900,000 | |||||||||
Basic and diluted net income (loss) per ordinary share, Class A | $ | 0.07 | $ | (0.10) | $ | (0.03) | ||||||
Basic and diluted net loss per ordinary share, Class B | $ | (0.39 | ) | $ | 0.36 | $ | (0.03) |
As Previously Restated in the First Amended Filing | Adjustment | As Restated | ||||||||||
Statement of Cash Flows for the nine months ended September 30, 2020 | ||||||||||||
Supplemental disclosure of cash flow information: | ||||||||||||
Initial value of Class A ordinary shares subject to possible redemption | $ | 264,272,806 | $ | (264,272,806 | ) | $ | 0 |
For the year December 31, 2020 | For the period from September 9, 2019 (inception) through December 31, 2019 | |||||||||||||||
Class A | Class B | Class A | Class B | |||||||||||||
Basic and diluted net loss per share: | ||||||||||||||||
Numerator: | ||||||||||||||||
Allocation of net loss | $ | (8,186,784) | $ | (2,320,012) | $ | 0 | $ | (22,966 | ) | |||||||
Denominator: | ||||||||||||||||
Weighted-average shares outstanding | 24,348,493 | 6,900,000 | 0 | 6,000,000 | ||||||||||||
Basic and diluted net loss per share | $ | (0.34 | ) | $ | (0.34 | ) | $ | 0 | $ | (0.00 | ) | |||||
Gross proceeds from IPO | $ | 276,000,000 | ||
Less: | ||||
Proceeds allocated to Public Warrants | (18,354,000 | ) | ||
Ordinary share issuance costs | (14,661,607 | ) | ||
Plus: | ||||
Accretion of carrying value to redemption value | 33,015,607 | |||
Class A ordinary shares subject to possible redemption | $ | 276,000,000 | ||
Carrying Value | Quoted Prices in Active Markets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Other Unobservable Inputs (Level 3) | |||||||||||||
Assets: | ||||||||||||||||
Investments held in Trust Account - Money Market Fund | $ | 277,845,876 | $ | 277,845,876 | $ | — | $ | — | ||||||||
Liabilities: | ||||||||||||||||
Warrant Liabilities-Public Warrants | $ | 23,460,000 | $ | 23,460,000 | — | — | ||||||||||
Warrant Liabilities-Private Warrants | $ | 13,160,000 | — | — | $ | 13,160,000 | ||||||||||
$ | 36,620,000 | $ | 23,460,000 | — | $ | 13,160,000 |
Input | February 13, 2020 (Initial Measurement) | March 31, 2020 | June 30, 2020 | September 30, 2020 | December 31, 2020 | |||||||||||||||
Risk-free interest rate | 1.48 | % | 0.5 | % | 0.37 | % | 0.35 | % | 0.47 | % | ||||||||||
Expected term (years) | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | |||||||||||||||
Expected volatility | 22.0 | % | 17 | % | 15.0 | % | 21.0 | % | 22 | % | ||||||||||
Dividend yield | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | ||||||||||
Exercise price | $ | 11.5 | $ | 11.5 | $ | 11.50 | $ | 11.50 | $ | 11.50 | ||||||||||
Asset Price | $ | 9.48 | $ | 9.46 | $ | 9.82 | $ | 9.83 | $ | 10.48 |
Input | February 13, 2020 (Initial Measurement) | March 31, 2020 | ||||||
Risk-free interest rate | 1.48 | % | 0.5 | % | ||||
Expected term (years) | 5.00 | 5.00 | ||||||
Expected volatility | 22.0 | % | 17.0 | % | ||||
Dividend yield | 0.0 | % | 0.0 | % | ||||
Exercise price | $ | 11.5 | $ | 11.5 | ||||
Asset Price | $ | 9.48 | $ | 9.46 |
Private Warrants | Public Warrants | Warrant Liabilities | ||||||||||
Initial measurement on February 13, 2020 | $ | 10,452,800 | $ | 18,354,000 | $ | 28,806,800 | ||||||
Change in valuation inputs or other assumptions | 2,707,200 | 5,106,000 | 7,813,200 | |||||||||
Fair value as of December 31, 2020 | $ | 13,160,000 | $ | 23,460,000 | $ | 36,620,000 | ||||||
Name | Age | Position | ||
Fanglu Wang | 57 | Chief Executive Officer, Director | ||
Eric Chan | 51 | Chief Financial Officer, Director | ||
Henri Arif | 55 | Director | ||
Ross Haghighat | 57 | Director | ||
Mark B. Segall | 58 | Director |
Name and Address of Beneficial Owner (1) | Number of Class A Ordinary Shares Beneficially Owned | Percentage of Outstanding Class A Ordinary Shares | Number of Class B Ordinary Shares Beneficially Owned (2) | Percentage of Outstanding Class B Ordinary Shares | ||||||||||||
CITIC Capital Acquisition LLC (3) | — | — | 6,002,500 | 87.0 | % | |||||||||||
Fanglu Wang | — | — | — | — | ||||||||||||
Eric Chan | — | — | — | — | ||||||||||||
Henri Arif | — | — | 862,500 | 10.9 | % | |||||||||||
Ross Haghighat | — | — | 22,000 | * | ||||||||||||
Mark B. Segall | — | — | 13,000 | * | ||||||||||||
All officers and directors as a group (five individuals) | — | — | 897,500 | 13.0 | % | |||||||||||
Glazer Capital, LLC and Paul J. Glazer (4) | 1,573,539 | 5.7 | % | — | — | |||||||||||
Hudson Bay Capital Management LP and Sander Gerber (5) | 2,031,555 | 7.4 | % | — | — | |||||||||||
Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander (6) | 1,477,813 | 5.4 | % | — | — | |||||||||||
Periscope Capital Inc. (7) | 1,687,604 | 6.1 | % | — | — |
* | Less than one percent |
(1) | Unless otherwise noted, the business address of each of the following is 9/F, East Tower, Genesis Beijing, No. 8 Xinyuan South Road, Chaoyang District, Beijing 100027, People’s Republic of China. |
(2) | Interests shown consist solely of founder shares, classified as Class B ordinary shares. Such shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination on a one-for-one |
(3) | CITIC Capital Acquisition LLC, our sponsor, is the record holder of such shares. CITIC Capital MB Investment Limited, a Cayman Islands exempted company, is the sole member and the manager of our sponsor, may be entitled distributions of the founder shares and has voting and investment discretion with respect to the ordinary shares held of record by CITIC Capital Acquisition LLC. CITIC Capital MB Investment Limited is managed by a board of directors comprised of four directors who may act unanimously in writing or by majority consent during a meeting, assuming a quorum of at least two directors is present. Eric Chan, our Chief Financial Officer, Zhang Yichen, Pan Hongyan and Liu Mo are the directors of CITIC Capital MB Investment Limited. Each of the foregoing directors of CITIC Capital MB Investment Limited disclaims any beneficial ownership of the securities held by CITIC Capital MB Investment Limited other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
(4) | Pursuant to a Schedule 13G filed by such persons as a group with the SEC on February 16, 2021, each of Glazer Capital, LLC and Paul Glazer may be deemed the beneficial owner of 1,573,539 Class A ordinary shares, as a result of holding directly or indirectly, 1,573,539 Class A ordinary shares, with shared voting power and shared dispositive power with respect to such Class A ordinary shares. The business address for each of these shareholders is 250 West 55th Street, Suite 30A, New York, New York 10019. |
(5) | Pursuant to a Schedule 13G filed by such persons as a group with the SEC on February 8, 2021, each of Hudson Bay Capital Management LP and Mr. Gerber may be deemed the beneficial owner of 2,031,555 Class A ordinary shares, as a result of holding directly or indirectly, 2,031,555 Class A ordinary shares, with shared voting power and shared dispositive power with respect to such Class A ordinary shares. The business address for each of these shareholders is 777 Third Avenue, 30th Floor, New York, NY 10017. |
(6) | Pursuant to a Schedule 13G/A filed by such persons as a group with the SEC on February 4, 2021, each of Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander may be deemed the beneficial owner of 1,477,813 Class A ordinary shares, as a result of holding directly or indirectly, 1,171,000 Class A ordinary shares and 306,813 units. Each unit consists of one Class A ordinary share and one-half of one warrant of the Company, with shared voting power and shared dispositive power with respect to such Class A ordinary shares. The business address for each of these shareholders is 666 Fifth Avenue, New York, New York 10103. |
(7) | Pursuant to a Schedule 13G filed with the SEC on February 16, 2021, Periscope Capital Inc. may be deemed the beneficial owner of 1,687,604 Class A ordinary shares, as a result of holding directly or indirectly, 1,687,604 Class A ordinary shares. The business address for this shareholder is 333 Bay Street, Suite 1240, Toronto, Ontario, Canada M5H 2R2. |
For the Year Ended December 31, 2020 | ||||
Audit Fees (1) | $ | 111,020 | ||
Audit-Related Fees (2) | $ | — | ||
Tax Fees (3) | $ | — | ||
All Other Fees (4) | $ | — | ||
Total Fees | $ | 111,020 |
(1) | Audit Fees. Audit fees consist of fees billed for professional services rendered for the audit of our year-end financial statements and services that are normally provided by our independent registered public accounting firm in connection with statutory and regulatory filings. |
(2) | Audit-Related Fees. Audit-related fees consist of fees billed for assurance and related services that are reasonably related to performance of the audit or review of our year-end financial statements and are not reported under “Audit Fees.” These services include attest services that are not required by statute or regulation and consultation concerning financial accounting and reporting standards. |
(3) | Tax Fees. Tax fees consist of fees billed for professional services relating to tax compliance, tax planning and tax advice. |
(4) | All Other Fees. All other fees consist of fees billed for all other services. |
(a) | The following documents are filed as part of this report: |
(1) | Financial Statements |
(2) | Financial Statement Schedule |
(3) | Exhibits |
December | ||||||
CITIC CAPITAL ACQUISITION CORP. | ||||||
By: | /s/ Fanglu Wang | |||||
Name: Fanglu Wang | ||||||
Title: Chief Executive Officer |
Name | Title | Date | ||
/s/ Fanglu Wang Fanglu Want | Chief Executive Officer and Director | December | ||
/s/ Eric Chan Eric Chan | Chief Financial Officer and Director | December | ||
/s/ Henri Arif Henri Arif | Director | December | ||
/s/ Ross Haghighat Ross Haghighat | Director | December | ||
/s/ Mark B. Segall Mark B. Segall | Director | December |