Company: PCAP
Filing Date: 2025-04-30
Form Type: S-1
Source: 0001213900-25-037771
Chunk: 9

Company: ProCap Acquisition Corp
Filing Date: 2025-04-30
Form: S-1
Chunk 9
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10 per unit of such $0.45 per unit shall be due solely on amounts remaining in the trust account following all properly submitted shareholder redemptions in connection with the consummation of our initial business combination and $0.05 per unit of such $0.45 per unit shall be allocable by us. See “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 units described in this prospectus, $200,000,000, or $230,000,000 if the underwriters’ overallotment option is exercised in full ($10.00 per public share), will be placed in a U.S. -basedtrust account with Odyssey Transfer and Trust Company acting as trustee. The following table illustrates the difference between the public offering price per unit and our net tangible book value per share (“NTBV”), as adjusted to give effect to this offering and assuming the redemption of our public shares at varying levels and the exercise in full and no exercise of the over -allotmentoption. See the section titled “Dilution”for more information.

| As of January 10, 2025 |                                                 |     |                    |      |     |              |      |     |                    |      |     |              |      |     |                    |      |     |              |      |     |                    |       |   |     |              |       |
|:-----------------------|------------------------------------------------:|:----|:-------------------|-----:|:----|:-------------|-----:|:----|:-------------------|-----:|:----|:-------------|-----:|:----|:-------------------|-----:|:----|:-------------|-----:|:----|:-------------------|:------|:--|:----|:-------------|------:|
| Offering Price of      
 $10.00 per Unit        |                                                 |     | 25% of             
 Maximum Redemption |      |     |              |      |     | 50% of             
 Maximum Redemption |      |     |              |      |     | 75% of             
 Maximum Redemption |      |     |              |      |     | Maximum Redemption |       |   |     |              |       |
| NTBV                   |                                                 |     | NTBV               |      |     | Difference   
 between NTBV 
 and Offering 
 Price        |      |     | NTBV               |      |