Bleichroder Acquisition Corp. I Files S-1/A Amendment

TL;DR

Bleichroder SPAC filed an S-1/A update. Looks like they're still working on their deal.

AI Summary

Bleichroder Acquisition Corp. I filed an S-1/A amendment on August 21, 2024, for its registration statement. The company, incorporated in the Cayman Islands, is a blank check company (SIC code 6770) with its principal executive offices located at 1345 Avenue of the Americas, New York, NY. The filing relates to SEC Act of 1933, with registration number 333-280777.

Why It Matters

This filing indicates an update to the registration process for Bleichroder Acquisition Corp. I, a special purpose acquisition company, which is a step towards a potential future business combination or acquisition.

Risk Assessment

Risk Level: medium — SPACs inherently carry risk due to their nature as shell companies seeking an acquisition target, with success dependent on the management team's ability to identify and complete a favorable deal.

Key Numbers

• 333-280777 — SEC Registration Number (Identifies the specific registration filing with the SEC.)
• 6770 — SIC Code (Classifies the company as a 'Blank Checks' company, indicating its nature as a SPAC.)

Key Players & Entities

• Bleichroder Acquisition Corp. I (company) — Registrant
• August 21, 2024 (date) — Filing date
• 333-280777 (registration_number) — SEC registration number
• 6770 (sic_code) — Blank Checks SIC code
• Andrew Gundlach (person) — Chief Executive Officer

FAQ

Key Financial Figures

• $250,000,000 B — DATED  August 21 , 2024 $250,000,000 Bleichroeder Acquisition Corp. I
• $10.00 — ies. Each unit has an offering price of $10.00 and consists of one Class A ordi
• $11.50 — s A ordinary share at a price of $11.50 per share, subject to adjustment as des
• $1.00 — hare at $11.50 per share, at a price of $1.00 per warrant, or $3,000,000 in the aggre
• $3,000,000 — re, at a price of $1.00 per warrant, or $3,000,000 in the aggregate (including if the unde
• $25,000 — 0;B ordinary shares for an aggregate of $25,000, up to 937,500 of which will be surrend
• $750,000 — ring or thereafter, we will repay up to $750,000 in loans made to us by our sponsor to c
• $2,500,000 — our initial business combination, up to $2,500,000 of such loans may be convertible into w
• $100,000 — (net of permitted withdrawals and up to $100,000 of interest income to pay dissolution e
• $0.10 — x00a0;    Includes $0.10 per unit (including any units sold purs
• $2,875,000 — r $2,500,000 in the aggregate (or up to $2,875,000 in the aggregate if the underwriter&#x2
• $1,250,000 — al units is exercised). Of this amount, $1,250,000 shall be payable to Santander US Capita
• $1,625,000 — this offering and $1,250,000 (or up to $1,625,000 in the event to underwriter’s ov
• $0.475 — ial business combination. Also includes $0.475 per unit on all units sold ($11,875,000
• $11,875,000 — udes $0.475 per unit on all units sold ($11,875,000 in the aggregate or up to $13,656,250 i

Filing Documents

• ea0209024-02.htm (S-1/A) — 4043KB
• ea020902402ex3-2_bleich.htm (EX-3.2) — 436KB
• ea020902402ex4-4_bleich.htm (EX-4.4) — 152KB
• ea020902402ex10-1_bleich.htm (EX-10.1) — 47KB
• ea020902402ex10-3_bleich.htm (EX-10.3) — 121KB
• ea020902402ex10-4_bleich.htm (EX-10.4) — 40KB
• ea020902402ex23-1_bleich.htm (EX-23.1) — 2KB
• ea020902402ex99-6_bleich.htm (EX-99.6) — 3KB
• ea020902402ex99-7_bleich.htm (EX-99.7) — 3KB
• 0001213900-24-071383.txt ( ) — 4848KB

Risk Factors

Risk Factors   42 Cautionary Note Regarding Forward-Looking Statements   87

Use of Proceeds

Use of Proceeds   88 Dividend Policy   91

Dilution

Dilution   92 Capitalization   95 Management’s Discussion and Analysis of Financial Condition and Results of Operations   96 Proposed Business   102 Effecting our Initial Business Combination   114 Management   133 Principal Shareholders   143 Certain Relationships and Related Party Transactions   146

Description of Securities

Description of Securities   149 Taxation   170

Underwriting

Underwriting   184 Legal Matters   192 Experts   192 Where You Can Find Additional Information   192 Index to Financial Statements   F-1 We are responsible for the information contained in this prospectus. We have not, and the underwriter has not, authorized anyone to provide you with information that is different from or inconsistent with that contained in this prospectus. We are not, and the underwriter is not, making an offer to sell securities in any jurisdiction where the offer or sale is not permitted. You should not assume that the information contained in this prospectus is accurate as of any date other than the date on the front of this prospectus. Trademarks This prospectus contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the ® or ™ symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies’ trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies. i Table of Contents SUMMARY This summary only highlights the more detailed information appearing elsewhere in this prospectus. As this is a summary, it does not contain all of the information that you should consider in making an investment decision. You should read this entire prospectus carefully, including the information under “Risk Factors” and our financial statements and the related notes included elsewhere in this prospectus, before investing. Unless otherwise stated in this prospectus or the context otherwise requires, references to: •       &#

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View this S-1/A filing on SEC EDGAR