| | Per Unit | | | Total | |
Public offering price | | | $10.00 | | | $165,000,000 |
Underwriting discounts and commissions(1)(2) | | | $0.55 | | | $9,075,000 |
Proceeds, before expenses, to us | | | $9.45 | | | $155,925,000 |
(1) | $0.20 per unit, or $3,300,000 in the aggregate (or $3,795,000 if the underwriter’s over-allotment option is exercised in full), is payable upon the closing of this offering. Includes $0.35 per unit, or $5,775,000 in the aggregate (or $6,641,250 in the aggregate if the underwriter’s over-allotment option is exercised in full), payable to the underwriter for deferred underwriting commissions to be placed in a trust account located in the United States as described in this prospectus and released to the underwriter only upon the completion of an initial business combination. Up to $0.0525 per unit, or up to $866,250 (or $996,187.50 if the underwriter’s over-allotment option is exercised in full), of such amount may instead be paid, at our sole discretion, to third parties not participating in this offering (but are FINRA members) that assist us in consummating our initial business combination. See also “Underwriting” for a description of compensation and other items of value payable to the underwriter. |
(2) | The underwriter has agreed to reimburse us for a portion of our expenses incurred in connection with this offering. See “Underwriting.” |