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Liquidated

Thrive Acquisition Corp

CIK 0001863685

Cash in trust

$176.7M

$176,702,475

Trust per share

$10.20

Redemption value

IPO

Oct 2021

$176.0M raised

Combination deadline

Not disclosed

Filings on record

54

Latest Feb 12, 2024

Overview

Thrive Acquisition Corp is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001863685. It completed its initial public offering in Oct 2021, raising $176.0M in gross proceeds. The vehicle is sponsored by Thrive through Thrive Acquisition Sponsor LLC. The mandate targets healthcare, consumer. Deadline lapsed without a deal; trust returned to public shareholders.

We intend to pursue business combination opportunities with high quality growth companies where the owners of the target company would generally hold a major portion of the shares of the combined company outstanding after completion of the business combination.
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what Thrive Acquisition Corp 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 $10.20 per public share, 2.0% 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.

SEC filing history

Free tier: filings older than 24 hours
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001604488-24-000055

    Feb 12, 2024

    2y ago

    Open filing
  • SC 13G/A

    FORM SC 13G/A

    Accession 0001062993-24-002675

    Feb 9, 2024

    2y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-23-016622

    Mar 2, 2023

    3y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-23-016621

    Mar 2, 2023

    3y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-23-016620

    Mar 2, 2023

    3y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-23-016617

    Mar 2, 2023

    3y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-23-016615

    Mar 2, 2023

    3y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-23-016613

    Mar 2, 2023

    3y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-23-016612

    Mar 2, 2023

    3y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-23-016611

    Mar 2, 2023

    3y ago

    Open filing
  • SC 13G/A

    SC 13G/A

    Accession 0001104659-23-021792

    Feb 14, 2023

    3y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001604488-23-000039

    Feb 14, 2023

    3y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000769993-23-000250

    Feb 13, 2023

    3y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001193125-23-035677

    Feb 13, 2023

    3y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001326389-23-000564

    Feb 10, 2023

    3y ago

    Open filing
  • 15-12G

    Deregistration of securities

    Accession 0001213900-23-008324

    Feb 6, 2023

    3y ago

    Open filing
  • 25-NSE

    Notification of delisting

    Accession 0001354457-23-000045

    Jan 25, 2023

    3y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000902664-23-000651

    Jan 25, 2023

    3y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001273087-23-000053

    Jan 23, 2023

    3y ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-23-003490

    Jan 18, 2023

    3y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001213900-22-071176

    Nov 10, 2022

    3y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001213900-22-046853

    Aug 11, 2022

    4y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001104659-22-074293

    Jun 24, 2022

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001213900-22-028009

    May 18, 2022

    4y ago

    Open filing
  • NT 10-Q

    Late quarterly report notification

    Accession 0001213900-22-027247

    May 16, 2022

    4y ago

    Open filing
  • 10-K

    Annual report

    Accession 0001213900-22-016903

    Mar 31, 2022

    4y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001273087-22-000022

    Mar 3, 2022

    4y ago

    Open filing
  • SC 13G/A

    FORM SC 13G/A

    Accession 0001062993-22-003932

    Feb 14, 2022

    4y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000902664-22-001281

    Feb 9, 2022

    4y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0000769993-22-000062

    Jan 28, 2022

    4y ago

    Open filing

Thrive Acquisition Corp: questions answered

What is Thrive Acquisition Corp?

Thrive Acquisition Corp is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001863685. It completed its initial public offering in Oct 2021, raising $176.0M in gross proceeds. The vehicle is sponsored by Thrive through Thrive Acquisition Sponsor LLC. The mandate targets healthcare, consumer. Deadline lapsed without a deal; trust returned to public shareholders.

How much does Thrive Acquisition Corp hold in trust?

Approximately $176,702,475, or about $10.20 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 Thrive Acquisition Corp 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 Thrive Acquisition Corp 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 Thrive Acquisition Corp, 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 $10.20 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 Thrive Acquisition Corp?

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.

Who sponsors Thrive Acquisition Corp, and what is their track record?

Thrive Acquisition Sponsor LLC is the sponsor entity, part of the Thrive franchise. This is the only vehicle we have attributed to that sponsor.

Is Thrive Acquisition Corp a good investment?

That is not a question this site answers. Thrive Acquisition Corp 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 Thrive Acquisition Corp data come from?

Filings Thrive Acquisition Corp submitted to the SEC under CIK 0001863685: 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 Sep 4, 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.

Read the full methodology · What is in the dataset · Report a correction

SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.