Company: PCAP
Filing Date: 2025-04-11
Form Type: DRS/A
Source: 0001213900-25-030769
Chunk: 175

Company: ProCap Acquisition Corp
Filing Date: 2025-04-11
Form: DRS/A
Chunk 175
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 potential target businesses and start to evaluate and pursue a possible business combination. In addition, we will communicate the parameters of our search to our network of relationships and transaction sources to help us identify potential target businesses. We intend to leverage our team’s collective experience in the financial services industry and capital markets to successfully complete a business combination, and then continue to support our target business with our industry relationships, insights and regulatory knowledge, financial expertise and capital resources. 112 Competitive Strengths We believe that our management team is well positioned to identify attractive target businesses within the financial technology industry and to facilitate a successful business combination for the following reasons: • Experience recognizing key trends in the financial services industry: Mr. Pompliano has a unique mix of legacy finance legitimacy (managed money on behalf of public pensions/foundations/endowments and appears as a regular guest on CNBC/Bloomberg) and a large social media following (1.6 million Twitter followers, 558,000 YouTube subscribers, 260,000 newsletter subscribers). We believe this positions Mr. Pompliano well to disrupt the traditional financial market with social media and awareness of key, emerging trends in the financial sector. • Experience identifying strong management teams: With key members of our team having had significant senior executive roles at both public and private companies, we believe we have an ability to identify the characteristics of successful business leaders, and effective in engaging with these management teams. In addition, key members of our team have more recently been investing in many founder -ledbusinesses. • History of operating experience: The members of our team are seasoned operators having held executive level roles in various companies. We have experience in developing and executing strategy, building and retaining teams, and executing mergers, acquisitions and business combinations among other activities. • Deep network and connections to company founders: Our team has many connections to company founders and business leaders across sectors within the financial services industry. We have invested in many companies, served on many boards and have worked with many influential founders and senior management teams within the financial services industry, and specifically the sectors we intend to initially focus on. • Prior SPAC Experience: Our Special Advisor, Brent Saunders, was the CEO and Chairman of Vesper Healthcare Acquisition Corp. which completed its business combination with The Beauty Health Company (NASDAQ: SKIN) in May 2021. The transaction raised ~$780 million of capital through a combination of trust retention and common equity PIPE. Investment Criteria We intend to leverage the extensive network and experience of our management team in identifying a suitable target within the financial services