DHC Acquisition Corp
In talks with Brand Engagement Network
None
Rumor from
SPAC Details
Ticker : DHCA
Status : Definitive Agreement
Sector : Finance, Aviation, Automotive, Media and Entertainment, Technology, Consumer
Target :
not announced
Trust account : $ 48.6 million
Underwriters : Citigroup
Lawyers :
IPO : Mar. 02, 2021
Target Announced : Sep. 07, 2023
Merger Closed : n/a
Liquidation : Dec. 04, 2023
Co-CEO, CFO & Director : Christopher Gaertner
Co-Chief Exec. Officer : Thomas Morgan Jr.
Performance
Common Price : $ 10.58
NAV : $ 10.00
Premium to NAV : 6%
Warrant Price : $ 0.06
Warrant Strike : $ 11.50
Warrant Intrinsic Value : $ 0.00
Total Return : 9%
Annualized Return : 4%
Annualized Volatility : 6%
Sharpe Ratio : -3.66
Maximum Drawdown : 3%
Brand Engagement Network
None
Target announced on Sep. 07, 2023
Transaction Overview and Valuation
Equity Value at $10 per share : $ None
Equity Value at current $ per share :
$ 49.2 million
Enterprise Value at $10 per share : $ None
Business Combination Proceeds :
$ 48.6 million Cash in Trust +
$ None PIPE
None
None
see Investor Presentation
Source: Investor presentation. For the latest financial projections please refer to the investor relations department of the company.