ProCap Acquisition Corp.
General Information | |
Business: | We are a newly organized blank check company. (Incorporated in the Cayman Islands)ProCap Acquisition Corp. will focus its search for an acquisition target or an initial business combination target on middle-market companies.We may pursue an initial business combination target in any business or industry or at any stage of its corporate evolution. Our management team, board members and Special Advisors consist of seasoned professionals who have experience spanning the various industries, including financials services technology, fintech adjacent industries, asset management, digital assets, and consumer & healthcare industries that we intend to focus on initially, mergers and acquisitions, corporate finance, corporate governance and compliance and legal matters, and investment management.Our management team is led by Anthony Pompliano, our CEO and a director of the board since our formation on Jan. 2, 2025. He is the sole managing member of our sponsor, ProCap Acquisition Sponsor, LLC. Mr. Pompliano is the founder and has served as the Chief Executive Officer of Professional Capital Management since January 2022. Professional Capital Management is a global investment firm backed by leading venture capitalists and business executives. The organization leverages a large social media following to create and acquire cash-flow positive businesses. The profits from the operating companies is then invested across the public and private market. Prior to founding Professional Capital Management, he has been an entrepreneur and private investor for more than 14 years, having invested in more than 200 companies.Mr. Pompliano currently hosts podcasts in business and investing on “The Pomp Podcast,” while also writing a daily letter to 260,000+ investors each morning. Mr. Pompliano was a co-founder and managing partner at Full Tilt Capital from 2016 until it was acquired by Morgan Creek Digital Assets in 2018. Mr. Pompliano was a co-founder and managing partner of Morgan Creek Digital Assets from 2018 to 2020. Prior to his investment career, Mr. Pompliano ran product and growth teams at Facebook, and served as a sergeant in the US Army. Mr. Pompliano graduated from Bucknell University with a degree in economics. Catalina Abbey, our CFO, has served as Chief Financial Officer since February 2025. She has been the chief financial officer of APFO Inc. — Family Office and Professional Capital Management since October 2022. With 15 years of experience, Ms. Abbey specializes in evaluating, structuring, and executing mergers and acquisitions, supporting investment decisions, and driving financial operations. Before assuming her current role, Ms. Abbey served as the Director of Finance at Grant Cardone Enterprises from October 2020 to October 2022. She also held the role of Director at Invoke LLC from February 2019 to October 2022, and served as Senior Vice President of Finance for the U.S. and Europe at VVIG, Inc. from May 2015 to May 2019. Additionally, she worked as the Financial Executive for the U.S. and Latin America at Envirotek Realty Group from August 2013 to May 2015. Ms. Abbey has also served as Executive Director for the Colombia chapter and as a member of the Board of Directors for Ronald McDonald House Charities, while also supporting the financial development of 8 Latin American chapters as a Finance Strategist from January 2011 to November 2013. Furthermore, she served as Head of Finance at Bedigital Inc. from March 2010 to December 2011. Ms. Abbey holds a Bachelor’s degree in Business Administration from CESA School of Business, a Master’s degree in Business Administration from Heriot-Watt University — Edinburgh Business School, and a Master’s degree in Accounting from Southern New Hampshire University. Other certifications held by Ms. Abbey include Certified Management Accountant (CMA) and Certified in Strategy and Competitive Accounting (CSCA) designations.(Note: ProCap Acquisition Corp. upsized its SPAC IPO at pricing to 22.0 million units – up from 20.0 million units – and priced the deal at $10.00 per unit – the price in the prospectus – to raise $220.0 million on Tuesday night, May 20, 2025. Each unit consists of one Class A ordinary share of stock and one-third of one redeemable warrant.)(Background: ProCap Acquisition Corp. filed its S-1 for its SPAC IPO on April 30, 2025, and disclosed that it intended to offer 20.0 million units at $10.00 each to raise $200.0 million.) |
Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2025 |
Contact Information | |
Address | 600 Lexington Ave, Floor 2 New York, NY 10022 |
Phone Number | (305) 938-0912 |
Web Address | |
View Prospectus: | ProCap Acquisition Corp. |
Financial Information | |
Market Cap | $254.3mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | PCAPU |
Exchange | NASDAQ |
Shares (millions): | 22.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $220.0 mil |
Manager / Joint Managers | BTIG, LLC |
CO-Managers | |
Expected To Trade: | 5/21/2025 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |