Ignyte Acquisition Corp.
closedU=S+W/2W=S@11.50
PKBO
Capital Structure & Economics
Trust Size$50,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
50% Warrant Inclusion| Public Trust Allocation | $50,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedJan 11, 2021
Target AnnouncedMar 4, 2024
Maturation Wall
Nov 1, 2022
Announced Target / M&A
- Target CompanyPeak Bio
- Announcement Date2024-03-04
Board & Officers
- Hoyoung HuhCEO
- David RosenbergOfficer
- David J. Strupp, Jr.Officer
- Officer
- Officer
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.