| | Per Unit | | | Total | |
Public offering price | | | $10.00 | | | $180,000,000 |
Underwriting discounts and commissions(1) | | | $0.55 | | | $9,900,000 |
Proceeds, before expenses, to us | | | $9.45 | | | $170,100,000 |
(1) | Includes $0.35 per unit, or $6,300,000 in the aggregate (or $7,245,000 in the aggregate if the underwriters’ over-allotment option is exercised in full), payable to the underwriters for deferred underwriting commissions to be placed in a trust account located in the United States as described herein and released to the underwriters only upon the consummation of an initial business combination. See also “Underwriting” for a description of compensation and other items of value payable to the underwriters. Of the proceeds we receive from this offering and the sale of the private placement warrants described in this prospectus, $180,000,000, or $207,000,000 if the underwriters’ over-allotment option is exercised in full ($10.00 per unit in either case), will be deposited into a U.S. based trust account at J.P. Morgan Chase Bank, N.A. with Continental Stock Transfer & Trust Company acting as trustee, after deducting $3,600,000 in underwriting discounts and commissions payable upon the closing of this offering (or $4,140,000 if the underwriters’ over-allotment option is exercised in full) and an aggregate of $2,000,000 to pay fees and expenses in connection with the closing of this offering and for working capital following the closing of this offering. |
Citigroup | | | | | Jefferies |