What changed
📄 HOYA ACQUISITION CORP. I
HOYA ACQUISITION CORP. I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has not selected any specific business combination target and has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target.
Offering: $100,000,000 at $100,000,000 valuation
Key risk: Because Hoya Capital Holdings, Corp. acquired the founder shares at a nominal price, our public shareholders will incur an immediate and substantial dilution upon the closing of this offering.
Proceeds: To place $100.0 million (or $115.0 million if the underwriters' over-allotment option is exercised in full) into a U.S.-based trust account, To pay offering expenses estimated at $625,000, To repay a loan of up to $300,000 from the sponsor used for offering expenses,
Why it matters
HOYA ACQUISITION CORP. I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has not selected any specific business combination target and has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target.