Slam Corp. Files 8-K on Unit Offerings with Warrants

TL;DR

Slam Corp. units include warrants exercisable at $11.50.

AI Summary

Slam Corp. filed an 8-K on December 13, 2024, reporting an event on December 12, 2024. The filing details units consisting of ordinary shares and redeemable warrants, with each warrant exercisable for one ordinary share at an exercise price of $11.50. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31.

Why It Matters

This filing provides details on the structure of units offered by Slam Corp., including the exercise price of associated warrants, which is important for investors to understand potential dilution and future share issuance.

Risk Assessment

Risk Level: low — This is a routine 8-K filing detailing the components of a unit offering, not indicating any immediate financial distress or significant operational change.

Key Numbers

• $11.50 — Warrant Exercise Price (Price at which holders can exercise warrants to buy ordinary shares.)

Key Players & Entities

• Slam Corp. (company) — Registrant
• Cayman Islands (jurisdiction) — State of incorporation
• December 12, 2024 (date) — Earliest event date
• December 13, 2024 (date) — Filing date
• $11.50 (dollar_amount) — Warrant exercise price

FAQ

Key Financial Figures

• $0.0001 — nsisting of one Class A Ordinary Share, $0.0001 par value, and one-fourth of one redeem
• $11.50 — Ordinary Share at an exercise price of $11.50 SLMWF OTCQX Best Market Indicate
• $100,000 — defined herein) of the lesser of (a) US$100,000 or (b) US$0.05 for each Public Share th
• $0.05 — f the lesser of (a) US$100,000 or (b) US$0.05 for each Public Share that is not redee
• $300,000 — for an aggregate deposit of up to (a) US$300,000 or (b) US$0.15 for each Public Share (i
• $0.15 — eposit of up to (a) US$300,000 or (b) US$0.15 for each Public Share (if all three add
• $0.00001 — res of common stock of Topco, par value $0.00001 per share, to be issued in connection w

Filing Documents

• ea0224487-8k425_slamc.htm (8-K) — 96KB
• 0001213900-24-108582.txt ( ) — 330KB
• slmwf-20241212.xsd (EX-101.SCH) — 4KB
• slmwf-20241212_def.xml (EX-101.DEF) — 27KB
• slmwf-20241212_lab.xml (EX-101.LAB) — 37KB
• slmwf-20241212_pre.xml (EX-101.PRE) — 25KB
• ea0224487-8k425_slamc_htm.xml (XML) — 7KB

Forward-looking statements may generally be identified by the use of words such as "estimate," "projects," "expects,"

Forward-looking statements may generally be identified by the use of words such as "estimate," "projects," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "potential," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the financial position, business strategy and the plans and objectives of management for future operations including as they relate to the Business Combination and related transactions, including the anticipated financing, pricing and market opportunity, the satisfaction of closing conditions to the Business Combination and related transactions, the level of redemptions by Slam's public shareholders and the timing of the completion of the Business Combination, including the anticipated closing date of the Business Combination and the use of the cash proceeds therefrom. These statements are based on various assumptions, whether or not identified in this Report, and on the current expectations of Slam's, Topco's and Lynk's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the parties, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. 5 The forward-looking statements invol

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View this 8-K filing on SEC EDGAR