Vine Hill Capital Investment Corp. Unit Structure Details
Ticker: VCICW · Form: 8-K · Filed: Sep 13, 2024 · CIK: 2025396
| Field | Detail |
|---|---|
| Company | Vine Hill Capital Investment Corp. (VCICW) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50, $10.00, $1.00, $201,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: unit-structure, warrants, disclosure
TL;DR
Vine Hill Capital's units are 1 share + 0.5 warrants at $11.50 strike.
AI Summary
Vine Hill Capital Investment Corp. filed an 8-K on September 13, 2024, reporting an event on September 9, 2024. The filing details the structure of their units, each consisting of one ordinary share and half a redeemable warrant with an exercise price of $11.50.
Why It Matters
This filing clarifies the components of Vine Hill Capital's units, which is crucial for investors to understand their potential equity and warrant holdings.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of unit composition and does not indicate new financial risks.
Key Numbers
- 1 — Ordinary Shares per Unit (Defines the equity component of each unit.)
- 0.5 — Redeemable Warrants per Unit (Defines the warrant component of each unit.)
- $11.50 — Warrant Exercise Price (Specifies the price at which warrants can be exercised.)
Key Players & Entities
- Vine Hill Capital Investment Corp. (company) — Registrant
- September 9, 2024 (date) — Earliest event date
- September 13, 2024 (date) — Filing date
- 11.50 (dollar_amount) — Redeemable warrant exercise price
FAQ
What is the exact composition of the units offered by Vine Hill Capital Investment Corp.?
Each unit consists of one Class Ordinary Share of $0.0001 par value and one-half of one Redeemable Warrant.
What is the exercise price for the redeemable warrants?
The exercise price for each whole warrant is $11.50.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 9, 2024.
What is the ticker symbol or CIK for Vine Hill Capital Investment Corp.?
The Central Index Key (CIK) for Vine Hill Capital Investment Corp. is 0002025396.
What is the state of incorporation for Vine Hill Capital Investment Corp.?
Vine Hill Capital Investment Corp. is incorporated in the Cayman Islands.
Filing Stats: 774 words · 3 min read · ~3 pages · Grade level 12.7 · Accepted 2024-09-13 16:15:35
Key Financial Figures
- $0.0001 — nsisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemab
- $11.50 — ordinary share at an exercise price of $11.50 VCICW Nasdaq Global Market Indica
- $10.00 — the " Units "), at an offering price of $10.00 per Unit and (ii) a private placement o
- $1.00 — ill Capital Sponsor I LLC at a price of $1.00 per warrant (the " Private Placement ")
- $201,000,000 — ds from the Private Placement, totaling $201,000,000 in the aggregate, were placed in a trus
- $20,000,000 — m the IPO, generating gross proceeds of $20,000,000. A total of $20,100,000 was deposited i
- $20,100,000 — oss proceeds of $20,000,000. A total of $20,100,000 was deposited in the Trust Account, bri
- $221,100,000 — e proceeds held in the Trust Account to $221,100,000. Item 9.01. Financial Statements and
Filing Documents
- ea0214382-8k_vinehill.htm (8-K) — 35KB
- ea021438201ex99-1_vinehill.htm (EX-99.1) — 105KB
- 0001213900-24-078563.txt ( ) — 392KB
- vcicu-20240909.xsd (EX-101.SCH) — 4KB
- vcicu-20240909_def.xml (EX-101.DEF) — 27KB
- vcicu-20240909_lab.xml (EX-101.LAB) — 37KB
- vcicu-20240909_pre.xml (EX-101.PRE) — 25KB
- ea0214382-8k_vinehill_htm.xml (XML) — 8KB
01 Other Events
Item 8.01 Other Events. On September 9, 2024, Vine Hill Capital Investment Corp. (the " Company ") completed (i) its initial public offering (the " IPO ") of 20,000,000 units (the " Units "), at an offering price of $10.00 per Unit and (ii) a private placement of 5,500,000 private placement warrants with Vine Hill Capital Sponsor I LLC at a price of $1.00 per warrant (the " Private Placement "). The net proceeds from the IPO, together with certain of the proceeds from the Private Placement, totaling $201,000,000 in the aggregate, were placed in a trust account (the " Trust Account ") with Continental Stock Transfer & Trust Company established for the benefit of the Company's public shareholders and the underwriter of the IPO. Except for the withdrawal of interest earned on the amounts in the trust account to fund the Company's taxes, or upon the redemption by public shareholders of Class A ordinary shares in connection with certain amendments to the Company's amended and restated memorandum and articles of association, none of the funds held in the trust account will be released until the completion of the Company's initial business combination or the redemption by the Company of 100% of the outstanding Class A ordinary shares issued by the Company in the IPO if the Company does not consummate an initial business combination within 21 months after the closing of the IPO. An audited balance sheet as of September 9, 2024 reflecting receipt of the proceeds upon consummation of the IPO and Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K. On September 12, 2024, the underwriters purchased 2,000,000 additional units (the " Additional Units ") at $10.00 per Additional Unit upon the closing of the partial exercise of the underwriters' option to purchase additional units from the IPO, generating gross proceeds of $20,000,000. A total of $20,100,000 was deposited in the Trust Account, bringing the aggrega
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Audited Balance Sheet as of September 9, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 13, 2024 VINE HILL CAPITAL INVESTMENT CORP. By: /s/ Nicholas Petruska Name: Nicholas Petruska Title: Chief Executive Officer 2