Ajax I

Ajax I is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001824963. It completed its initial public offering in Oct 2020. The vehicle is sponsored by Ajax Capital through Ajax I Holdings, LLC. The mandate targets generalist. Deadline lapsed without a deal; trust returned to public shareholders.

Approximately $805,244,565, or about $10.00 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $10.00 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

The founder block is 1,250,000 shares against 80,499,090 public shares, so roughly 1.5% of the combined count sits with the sponsor at nominal cost. Each unit also carried one-fourth warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Ajax I Holdings, LLC is the sponsor entity, part of the Ajax Capital franchise. This is the only vehicle we have attributed to that sponsor.

Goldman Sachs, Citigroup, J.P. Morgan, PJT Partners, LionTree Advisors, Academy Securities, Blaylock Van, CastleOak Securities, C.L. King & Associates, Loop Capital Markets, Ramirez & Co., Roberts & Ryan, Siebert Williams Shank, Tigress Financial. Goldman Sachs and Citigroup and J.P. Morgan and Academy Securities and Blaylock Van and CastleOak Securities and C.L. King & Associates and Loop Capital Markets and Ramirez & Co. and Roberts & Ryan and Siebert Williams Shank and Tigress Financial were credited as book-running managers on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

That is not a question this site answers. Ajax I is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Filings Ajax I submitted to the SEC under CIK 0001824963: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.