Novus Capital Corporation II

announcedU=S+1WW=S@11.50
NXUSEC EDGARCIK: 0001828536|Energy Vault

Capital Structure & Economics

Trust Size$250,000,000
Unit Price$10.00
Warrant Coverage1/1
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

100% Warrant Inclusion
Public Trust Allocation$250,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJan 13, 2021
SearchingTarget Pending
Maturation Wall
Feb 8, 2023

Announced Target / M&A

  • Target CompanyEnergy Vault
  • Announced Deal Size$1,070,000,000

Board & Officers

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction