Company: PCAP
Filing Date: 2025-04-11
Form Type: DRS/A
Source: 0001213900-25-030769
Chunk: 56

Company: ProCap Acquisition Corp
Filing Date: 2025-04-11
Form: DRS/A
Chunk 56
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585,645 |   |
| Total liabilities(3)                                       |     | $                |  94,035 |   |     | $           |   9,296,400 |   |
| Value of ordinary shares subject to possible redemption(4) |     | $                |       — |   |     | $           | 200,000,000 |   |
| Shareholders’ deficit(5)                                   |     | $                |  10,645 |   |     | $           |  (7,710,755 | ) |

____________ (1)The “as adjusted” calculation includes $1,575,000 of cash held outside the trust account, plus $10,645 of actual shareholders’ equity on January 10, 2025, less $296,400 of over -allotmentliability. (2)The “as adjusted” calculation equals $200,000,000 of cash held in trust from the proceeds of this offering and the sale of the private placement warrants, plus $1,575,000 in cash held outside the trust account, plus $10,645 of actual shareholders’ equity on January 10, 2025. (3)The “as adjusted” calculation equals $9,000,000 of deferred underwriting commissions, assuming the over -allotmentoption is not exercised, and $296,400 of over -allotmentliability. (4)The “as adjusted” calculation equals 20,000,000 Class A ordinary shares subject to possible redemption at $10.00 per share. (5)Excludes 20,000,000 Class A ordinary shares purchased in the public market. The “as adjusted” calculation equals the “as adjusted” total assets, less the “as adjusted” total liabilities, less the value of ordinary shares that may be converted in connection with our initial business combination ($10.00 per share).

42 RISKS We are a recently incorporated company that has conducted no operations and has generated no revenues. Until we complete our initial business combination, we will have no operations and will generate no operating revenues. In making your decision whether to invest in our securities, you should take into account not only the background of our management team, but also the special risks we face as a blank check company. This offering is not being conducted in compliance with Rule 419 promulgated under the Securities Act. Accordingly, you will not be entitled to protections normally afforded to investors in Rule 419 blank check