Company: PCAP
Filing Date: 2025-02-20
Form Type: DRS
Source: 0001213900-25-015424
Chunk: 292

Company: ProCap Acquisition Corp
Filing Date: 2025-02-20
Form: DRS
Chunk 292
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otment |            |
|:-----------------------------------------------------|:----|:---------------|-----:|:----|:---------------|-----:|:----|:---------------|-----------:|:----|:---------------|-----------:|
| Underwriting Discounts and Commissions paid by us(1) |     | $              | 0.55 |     | $              | 0.55 |     | $              | 11,000,000 |     | $              | 12,650,000 |

____________ (1)Includes $0.10 per unit (excluding any units sold pursuant to the underwriters’ option to purchase additional units), or $2,000,000 in the aggregate (regardless of whether the underwriters’ option to purchase additional units is exercised), payable to the underwriters upon the closing of this offering. Also includes $0.45 per unit, or $9,000,000 in the aggregate or up to $10,650,000 in the aggregate if the underwriters’ over -allotmentoption is exercised in full payable to the underwriters for deferred underwriting commissions to be placed in a trust account located in the United States and released to the underwriters for their own account only upon the completion of an initial business combination, but $0.10 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. If we do not complete our initial business combination within the completion window and subsequently liquidate, the trustee and the underwriters have agreed that (i) they will forfeit any rights or claims to their deferred underwriting discounts and commissions, including any accrued interest thereon, then in the trust account upon liquidation, and (ii) that the deferred underwriting discounts and commissions will be distributed on a pro rata basis, including interest earned on the funds held in the trust account (less income taxes payable), to the public shareholders.

183 Stabilization and Other Transactions The underwriters pursuant to Regulation M under the Securities Exchange Act of 1934, as amended, may engage in short sale transactions, stabilizing transactions, syndicate covering transactions or the imposition of penalty bids in connection with this offering. These activities may have the effect of stabilizing or maintaining the market price of the units at a level above that which might