Sound Point Acquisition Corp I, Ltd
Cash in trust
$273M
$273,307,147
Trust per share
$10.78
Redemption value
IPO
Mar 2022
$254M raised
Combination deadline
—
Not disclosed
Filings on record
44
Latest Feb 9, 2024
Overview
Sound Point Acquisition Corp I, Ltd is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001880968. It completed its initial public offering in Mar 2022, raising $254M in gross proceeds. The vehicle is sponsored by Sound Point through Sound Point Acquisition Sponsor I, LLC. The mandate targets media & entertainment. Deadline lapsed without a deal; trust returned to public shareholders.
“we intend to concentrate our efforts in sectors where Sound Point maintains a deep level of relationships and expertise.”
Reading the filings
Arithmetic on what Sound Point Acquisition Corp I, Ltd has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Trust versus the $10 unit
The trust holds $10.78 per public share, 7.8% above the $10.00 the units were sold at. That spread is accrued interest on the trust and, where the charter provides for it, sponsor contributions paid in to buy more time. It is the floor a public shareholder can redeem at, not a valuation of the business.
Sponsor promote
The sponsor's founder block is 843,750 shares against 25,357,500 public shares, or 3.2% of the combined count, acquired before the IPO at nominal cost. That promote is the structural dilution every public shareholder carries into a combination, and it is why the economics of a de-SPAC differ so sharply from a conventional IPO.
Warrant coverage
Each unit carried one-half warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.
Underwriting
BofA Securities led the offering. It has been named on 69 SPAC IPOs, book-running 52 of them, and 52.3% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.
44 filings in all. 1 in the last three months, against a busiest month of 19.
News on Sound Point Acquisition Corp I, Ltd
Last 90 daysNothing in the last 90 days that names this vehicle. We attribute a story only when the release carries the ticker or the registered name, so an empty section means no press release or wire story matched — not that nothing was published. The filings below are the primary record either way.
SEC filing history
Free tier: filings older than 24 hours- SC 13G/A
FORM SC 13G/A
Accession 0001062993-24-002671
- 15-12G
Deregistration of securities
Accession 0001193125-23-165002
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001193125-23-159936
- 25-NSE
Notification of delisting
Accession 0001354457-23-000376
- 10-Q
Quarterly report
Accession 0001193125-23-143618
- 10-K
Annual report
Accession 0001193125-23-084015
- SC 13G
Beneficial ownership report (passive)
Accession 0001193125-23-039192
- SC 13G/A
FORM SC 13G/A
Accession 0001062993-23-003136
- SC 13G
Beneficial ownership report (passive)
Accession 0001766806-23-000067
- SC 13G/A
SC 13G/A
Accession 0001104659-23-019988
- SC 13G
SOUND POINT ACQUISITION CORP I, LTD
Accession 0000902664-23-001128
- 10-Q
Quarterly report
Accession 0001193125-22-282599
- 10-Q
Quarterly report
Accession 0001193125-22-219785
- 10-Q
Quarterly report
Accession 0001193125-22-150085
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001193125-22-108003
- SC 13G
SOUND POINT ACQUISITION CORP I, LTD
Accession 0000902664-22-002161
- SC 13G
Beneficial ownership report (passive)
Accession 0001104659-22-032881
- SC 13G
Beneficial ownership report (passive)
Accession 0001062993-22-007370
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001193125-22-072145
- 8-K
Entry into a material definitive agreement; Other events
Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001193125-22-066338
- 424B4
Final IPO prospectus
Accession 0001193125-22-064513
- EFFECT
Notice of effectiveness
Accession 9999999995-22-000542
- 3
Initial statement of beneficial ownership
Accession 0000899243-22-008487
- 3
Initial statement of beneficial ownership
Accession 0000899243-22-008485
- 3
Initial statement of beneficial ownership
Accession 0000899243-22-008482
- 3
Initial statement of beneficial ownership
Accession 0000899243-22-008480
- 3
Initial statement of beneficial ownership
Accession 0000899243-22-008479
- 3
Initial statement of beneficial ownership
Accession 0000899243-22-008477
- 3
Initial statement of beneficial ownership
Accession 0000899243-22-008476
- S-1MEF
Registration of additional IPO securities
Accession 0001193125-22-061924
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Sound Point Acquisition Corp I, Ltd: questions answered
What is Sound Point Acquisition Corp I, Ltd?
Sound Point Acquisition Corp I, Ltd is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001880968. It completed its initial public offering in Mar 2022, raising $254M in gross proceeds. The vehicle is sponsored by Sound Point through Sound Point Acquisition Sponsor I, LLC. The mandate targets media & entertainment. Deadline lapsed without a deal; trust returned to public shareholders.
How much does Sound Point Acquisition Corp I, Ltd hold in trust?
Approximately $273,307,147, or about $10.78 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.
When must Sound Point Acquisition Corp I, Ltd complete a merger?
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.
What happens if Sound Point Acquisition Corp I, Ltd does not find a target in time?
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.
Can I redeem shares in Sound Point Acquisition Corp I, Ltd, and at what price?
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 $10.78 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.
Is the trust value the same as the share price for Sound Point Acquisition Corp I, Ltd?
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.
How much dilution do Sound Point Acquisition Corp I, Ltd's founder shares and warrants create?
The founder block is 843,750 shares against 25,357,500 public shares, so roughly 3.2% of the combined count sits with the sponsor at nominal cost. Each unit also carried one-half 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.
Who sponsors Sound Point Acquisition Corp I, Ltd, and what is their track record?
Sound Point Acquisition Sponsor I, LLC is the sponsor entity, part of the Sound Point franchise. This is the only vehicle we have attributed to that sponsor.
Which banks underwrote the Sound Point Acquisition Corp I, Ltd IPO?
BofA Securities, J.P. Morgan, SPC, AmeriVet Securities. BofA Securities and J.P. Morgan were credited as book-running managers on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is Sound Point Acquisition Corp I, Ltd a good investment?
That is not a question this site answers. Sound Point Acquisition Corp I, Ltd 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.
Where does this Sound Point Acquisition Corp I, Ltd data come from?
Filings Sound Point Acquisition Corp I, Ltd submitted to the SEC under CIK 0001880968: 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.
Compiled by the SPACListing research desk
Last reconciled Oct 19, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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Continue reading
The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Sound Point: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
BofA Securities in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Media & Entertainment SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All liquidated spacs
Deadline lapsed without a deal; trust returned to public shareholders.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.