Company: PCAP
Filing Date: 2025-05-22
Form Type: 424B4
Source: 0001213900-25-046580
Chunk: 316

Company: ProCap Acquisition Corp
Filing Date: 2025-05-22
Form: 424B4
Chunk 316
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 |     |             |         |   |
| Prepaid expenses paid in exchange for issuance of Class B ordinary shares |     | $           |  25,000 |   |
| Deferred offering costs included in accrued offering costs                |     | $           |  79,680 |   |

The accompanying notes are an integral part of the financial statements.

F-6 ProCap Acquisition Corp
NOTES TO FINANCIAL STATEMENTS Note 1 — Organization and Business Operations ProCap Acquisition Corp (the “Company”) is a blank check company incorporated as a Cayman Islands exempted corporation on January 2, 2025. The Company was incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses (the “Business Combination”). The Company has not selected any specific Business Combination target and the Company has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any Business Combination target with respect to an initial Business Combination with the Company. As of January 10, 2025, the Company had not commenced any operations. All activity for the period from January 2, 2025 (inception) through January 10, 2025 relates to the Company’s formation and the Proposed Public Offering (as defined below). The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non -operatingincome in the form of interest income on investments from the proceeds derived from the Proposed Public Offering (as defined below). The Company has selected December 31 as its fiscal year end. The Company’s Sponsor is ProCap Acquisition Sponsor, LLC (the “Sponsor”). The Company’s ability to commence operations is contingent upon obtaining adequate financial resources through a Proposed Public Offering of 20,000,000 units at $10.00 per unit (the “Units”) (or 23,000,000 Units if the underwriters’ over -allotmentoption is exercised in full), which is discussed in Note 3 (the “Proposed Public Offering”), and the sale of an aggregate of 430,000 Private Placement Units (the “Private Placement Units”) (regardless of whether the over -allotmentoption is exercised in full) to the Sponsor, at a price of $10.00 per unit, or $4,300,000 in the aggregate, Private Placement Unit in a private placement