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efta-efta01366337DOJ Data Set 10CorrespondenceEFTA Document EFTA01366337
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• the ability of our officers, directors and director nominees to generate a number of potential investment
opportunities;
• our public securities' potential liquidity and trading;
• the lack of a market for our securities:
• the use of proceeds not held in the trust account or available to us from interest income on the trust account
balance: or
• our financial performance following this offering.
The forward-looking statements contained in this prospectus arc basted on our current expectations and beliefs
concerning future developments and their potential effects onus. There can be no assurance that future
developments affecting us will be those that we have anticipated. These forward-looking statements involve a
number of risks, uncertainties (some of which arc beyond our control) or other assumptions that may cause actual
results or performance to be materially different from those expressed or implied by these forward-looking
statements. These risks and uncertainties include, but are not limited to, those factors described under the heading
"Risk Factors" beginning on page 28. Should one or more of these risks or uncertainties materialize, or should any
of our assumptions prove incorrect, actual results may vary in material respects from those projected in these
forward-looking statements. We undertake no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as may be required under applicable
securities laws.
56
USE OF PROCEEDS
We are offering 13,500.000 units at an offering price of $10.00 per unit. We estimate that the net proceeds of
this offering together with the funds we will receive from the sale of the private placement warrants will be used
as set forth in the following table.
Gross proceeds
pout
er- % llotment
Uplion
Over-Allotment
Option
Exercised
Gross proceeds from units offered to public (1)
$
135.000.000
$
155.250.000
Gross proceeds from private placement warrants offered in the
private placement
5,800.000
6.407.500
Total gross prof-axis
$
140.800.000
S
161.657.500
Offering expenses (2)
Underwriting commissions (3.0% of gross proceeds from units
offered to public. excluding deferrer/ portion) (3)
$
4.050,000
$
4.657.500
Legal fees and expenses
225,000
$
225.000
Accounting fees and expenses
37,500
37,500
Printing Fees and Expenses
40,000
40,000
SEC Filing Fee
18.041
18.041
FINRA Filing Fee
23,788
23,788
Travel and road show
20.000
20.000
Directors and officers insurance
100,000
100,000
NASDAQ listing and filing fees
75,000
75,000
Miscellaneous expenses
210,671
210.671
Total offering expenses (other than underwriting commissions)
$
750.000
$
750,000
Proceeds after offering expenses
S
136,000.000
S
156250.000
Held in trust account (3)
$
135.000.000
S
155,250.000
% of public offering size
100%
/00%
Not held in trust account
$
1.000.000
$
1.000.000
The following table shows the use of the approximately $1.000,000 of net proceeds not held in the trust
account (4).
Legal. accounting. due diligence, travel, and other expenses in connection
Amount
% of Total
huplAnnv.see.gov/Archivestedgar/datail643953010121390015005425412015a2ilobalpanner.htmr/27/2015 8:51:37 AM]
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
CONFIDENTIAL
DB-SDNY-0057863
SONY GM_00204047
EFTA01366337
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