Company: PCAP
Filing Date: 2025-04-30
Form Type: S-1
Source: 0001213900-25-037771
Chunk: 13

Company: ProCap Acquisition Corp
Filing Date: 2025-04-30
Form: S-1
Chunk 13
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 a general meeting of the company of which notice specifying the intention to propose the resolution as a special resolution has been duly given, or a resolution approved in writing by all of the holders of the issued shares entitled to vote on such matter (or such lower threshold as may be allowed under the Companies Act from time to time); • “SPACs” are to special purpose acquisition companies; • “sponsor” are to ProCap Acquisition Sponsor, LLC, a Delaware limited liability company, which was recently formed to invest in our company, as further discussed under “Our Sponsor”, below; • “underwriter” or “underwriters” refers to BTIG, the underwriter of this offering; • “underwriters’ option to purchase additional units” are to the underwriters’ 45 -day option to purchase up to an additional 3,000,000 units to cover over -allotments , if any; • “unit” refers to a unit being offered under this initial offering at an offering price of $10.00 and consisting of one Class A ordinary share and one -third of one redeemable warrant; • “warrants” or “public warrants” are to the warrants sold as part of the units in this offering (whether they are purchased in this offering or thereafter in the open market); • “warrant exercise date” are to the date on which the warrants will become exercisable, which is 30 days after the completion of our initial business combination; • “warrant expiration date” are to the date on which the warrants expire, which is five years after the completion of our initial business combination or earlier upon redemption or liquidation; and • “we,” “us,” “company” or “our company” are to ProCap Acquisition Corp, a Cayman Islands exempted company. Any conversion of the Class B ordinary shares described in this prospectus will take effect as a compulsory redemption of Class B ordinary shares and an issuance of Class A ordinary shares as a matter of Cayman Islands law. Any forfeiture of shares, and all references to forfeiture of shares, described in this prospectus shall take effect as a surrender of shares for no consideration as a matter of Cayman Islands law. Any share dividend described in this prospectus will take effect as a share capitalization as a matter of Cayman Islands law (that is, an issuance of shares from share premium). Unless we tell you otherwise, the information in this prospectus assumes that the underwriters will not exercise their over-allotment option. 2 Our Company