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Coliseum Acquisition Corp. 8-K Report: Investment Insights & Security Offerings

$MITA
Form 8-K
Filed on: 2024-12-19
Source
Coliseum Acquisition Corp. 8-K Report: Investment Insights & Security Offerings

Based on the provided section of the financial report, here are the key insights and information extracted:

  1. Entity Information:
  • Name: Coliseum Acquisition Corp.
  • CIK: 0001847440
  • Address: 1180 North Town Center Drive, Suite 100, Las Vegas, NV 89144
  • Phone: 702 781-4313
  1. Filing Information:
  • Filing Type: 8-K
  • Filing Date: December 19, 2024
  • SEC File Number: 001-40514
  • EIN: 98-1583230
  1. Securities Information:
  • The company is offering Units that consist of:
    • One Class A Ordinary Share with a par value of $0.001 per share.
    • One-third of one redeemable warrant.
  • Class A Ordinary Shares are listed on NASDAQ under the ticker symbol MITA.
  • Redeemable Warrants: Each whole warrant is exercisable for one Class A ordinary share at an exercise price of $11.50.
  • The warrants are also listed on NASDAQ under the ticker symbol MITAW.
  1. Units and Shares:
  • The report indicates that the units consist of shares and warrants, which suggests a structure designed to attract investors through both equity (ordinary shares) and the potential for future equity (warrants).
  • This structure may appeal to risk-averse investors looking for a blend of immediate ownership and future upside potential.
  1. Financial Implications:
  • The par value of the shares is low, which may suggest a strategy to issue a high number of shares without significant initial capital impact.
  • The exercise price of the warrants at $11.50 indicates the potential value appreciation expected by the company and its investors.
  1. Reporting Context:
  • The context identifiers suggest that the report is focused on a specific date (December 19, 2024), indicating that the information is relevant to that moment in time for the company’s financial standing and offerings.

In summary, Coliseum Acquisition Corp. is structuring its offerings with a focus on Class A ordinary shares combined with redeemable warrants, which could provide flexibility and investment appeal to a range of investors. The filing also underscores the company's compliance with SEC regulations and its operational details.