| | Per Unit | | | Total | |
Public offering price | | | $10.00 | | | $250,000,000 |
Underwriting discounts and commissions(1) | | | $0.55 | | | $13,750,000 |
Proceeds, before expenses, to us | | | $9.45 | | | $236,250,000 |
(1) | Includes $0.35 per unit, or $8,750,000 (or up to $10,062,500 if the underwriters’ over-allotment option is exercised in full) in the aggregate, payable to the underwriters for deferred underwriting commissions to be placed in a trust account located in the United States as described herein. The deferred commissions will be released to the underwriters only on completion of an initial business combination, in an amount equal to $0.35 multiplied by the number of Class A ordinary shares issued as part of the units in this offering, as described in this prospectus. Does not include certain fees and expenses payable to the underwriters in connection with this offering. See “Underwriting” for a description of compensation and other items of value payable to the underwriters. |
Citigroup | | | VTB Capital |