Company: PCAP
Filing Date: 2025-05-22
Form Type: 424B4
Source: 0001213900-25-046578
Chunk: 331

Company: ProCap Acquisition Corp
Filing Date: 2025-05-22
Form: 424B4
Chunk 331
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 excluding short form demands, that the Company registers such securities. In addition, the holders have certain piggy -backregistration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The underwriters have a 45 -dayoption from the date of the Proposed Public Offering to purchase up to an additional 3,000,000 units to cover over -allotments, if any. The underwriters will be entitled to a cash underwriting discount of $2,000,000 (1.0% of the gross proceeds of the units offered in the Proposed Public Offering, regardless of whether the underwriters’ over -allotmentoption is exercised in full). Additionally, the underwriters will be entitled to a deferred underwriting discount of $9,000,000 (4.50% of the gross proceeds of the Proposed Public Offering held in the Trust Account), (or up to $10,650,000 in the aggregate if the underwriters’ over -allotmentoption is exercised in full) upon the completion of the Company’s initial Business Combination subject to the terms of the underwriting agreement, 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 the initial Business Combination and $0.05 per unit of such $0.45 per unit shall be allocable by the Company. F-15 ProCap Acquisition Corp
NOTES TO FINANCIAL STATEMENTS Note 7 — Shareholder’s Equity (Deficit) Preference Shares— The Company is authorized to issue a total of 1,000,000 preference shares at par value of $0.0001 each. At January 10, 2025, there were no preferred shares issued or outstanding. Class A Ordinary Shares— The Company is authorized to issue a total of 300,000,000 Class A ordinary shares at par value of $0.0001 each. At January 10, 2025, there were no Class A ordinary shares issued or outstanding. Class B Ordinary Shares— The Company is authorized to issue a total of 30,000,000 Class B ordinary shares at par value of $0.0001 each. On January 9, 2025, the Company issued to the Sponsor, 5,750,000 Class B ordinary shares