Energem Corp. Unit Structure Details
Ticker: GTIJF · Form: 8-K · Filed: Mar 5, 2024 · CIK: 1879373
Sentiment: neutral
Topics: unit-structure, warrants, disclosure
TL;DR
Energem Corp. units = 1 share + 1 warrant (strike $11.50).
AI Summary
On March 5, 2024, Energem Corp. filed an 8-K report detailing the structure of its units, which consist of one ordinary share and one redeemable warrant. Each warrant is exercisable for one ordinary share at an exercise price of $11.50.
Why It Matters
This filing clarifies the components of Energem Corp.'s units, providing investors with specific details on the underlying shares and exercisable warrants, including their strike price.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of unit composition and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- $11.50 — Warrant Exercise Price (Price at which a warrant can be exercised for a share)
Key Players & Entities
- Energem Corp. (company) — Registrant
- March 5, 2024 (date) — Filing Date
- 11.50 (dollar_amount) — Warrant Exercise Price
FAQ
What is the composition of Energem Corp.'s units?
Energem Corp.'s units consist of one Class Ordinary Share and one Redeemable Warrant.
What is the exercise price for the redeemable warrants?
The exercise price for each redeemable warrant is $11.50.
What does each warrant entitle the holder to?
Each whole warrant is exercisable for one Class Ordinary Share.
When was this report filed?
This Form 8-K was filed on March 5, 2024.
What is the par value of Energem Corp.'s ordinary shares?
The par value of Energem Corp.'s ordinary shares is $0.0001 per share.
Filing Stats: 628 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-03-05 17:25:40
Key Financial Figures
- $0.0001 — f one Class A ordinary share, par value $0.0001 per share, and one redeemable warrant
- $11.50 — ordinary share at an exercise price of $11.50 ENCPW The Nasdaq Stock Market LLC
Filing Documents
- form8-k.htm (8-K) — 41KB
- 0001493152-24-008893.txt ( ) — 265KB
- encpu-20240305.xsd (EX-101.SCH) — 4KB
- encpu-20240305_def.xml (EX-101.DEF) — 27KB
- encpu-20240305_lab.xml (EX-101.LAB) — 37KB
- encpu-20240305_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 7KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Energem Corp. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ENERGEM CORP. Date: March 5, 2024 By: /s/ Swee Guan Hoo Name: Swee Guan Hoo Title: Chief Executive Officer