Exhibit 107
Calculation of Filing Fee Tables
Form S-4
(Form Type)
HWEL Holdings Corp.
(Exact Name of Registrant as Specified in its Charter)
CALCULATION OF REGISTRATION FEE
| | | Security
type | | Title of each
class of
security to be
registered | | Fee
calculation
rule | | | Amount to be
registered(1) | | | Proposed
maximum
offering
price
per security | | | Proposed
maximum
aggregate
offering
price | | | Fee rate | | | Amount of
registration fee | |
| Fees Previously Paid | | — | | — | | | | | | | — | | | | — | | | | — | | | | — | | | | — | |
| Fees to Be Paid | | Equity | | Pubco Common Stock(3)(6) | | | 457(c) and 457(f)(1) | | | | 31,250,000 | | | $ | 10.20 | (2) | | $ | 318,750,000 | (2) | | | 0.0001102 | | | $ | 35,126.25 | |
| | | Equity | | Pubco Common Stock(4)(6) | | | 457(f)(2) | | | | 50,615,764 | | | $ | 0.50 | | | $ | 25,307,882 | | | | 0.0001102 | | | $ | 2,788.93 | |
| | | Equity | | Pubco Warrants(5)(6) | | | 457(g) | | | | 20,200,000 | | | $ | 0.16 | (2) | | $ | 3,232,000 | (2) | | | 0.0001102 | | | $ | 356.17 | |
| | | Equity | | Pubco Common Stock issuable on exercise of Other Pubco Warrants(6) | | | 457(g) | | | | 20,200,000 | | | | — | (7) | | | — | (7) | | | — | | | | — | |
| | | | | Total Offering Amounts | | | | | | | 122,265,764 | | | | | | | $ | 347,289,882 | | | | 0.0001102 | | | $ | 38,271.35 | |
| | | | | Total Fees Previously Paid | | | | | | | | | | | | | | | | | | | | | | $ | 38,271.35 | |
| | | | | Net Fee Due | | | | | | | | | | | | | | | | | | | | | | $ | — | |
| (1) | All securities being registered will be issued by HWEL Holdings Corp., a Delaware corporation (“Pubco”). In connection with the business combination described in the enclosed proxy statement/prospectus and exchange offer prospectus (“Business Combination”). |
| (2) | Based on the average of the high and low prices on May 11, 2023 of the Class A common stock and warrants of Healthwell Acquisition Corp. I (“Healthwell”) (the company to which the registrant, Pubco, will succeed after the consummation of the transactions described in this registration statement and the enclosed proxy statement/prospectus and exchange offer prospectus). |
| | (3) | Consists of shares of common stock of Pubco (“Pubco Common Stock”) issuable in exchange for outstanding Class A common stock, par value $0.0001 per share, of Healthwell, including (i) 6,250,000 shares of Pubco Common Stock issuable in exchange for Class A common stock of Healthwell issued or issuable upon the conversion of Class B common stock of Healthwell to the initial stockholders of Healthwell prior to its initial public offering and (ii) up to 25,000,000 shares of Pubco Common Stock issuable in exchange for Class A common stock of Healthwell, which includes those shares underlying the units of Healthwell issued in its initial public offering (“Units”). Upon the consummation of the Business Combination described in this registration statement and the enclosed proxy statement/prospectus, all Units will be separated into their component securities. |
| (4) | Consists of shares of Pubco Common Stock issuable to the security holders of Starton Therapeutics, Inc., a British Columbia corporation (“Starton”), in connection with the Business Combination, including (i) 25,615,764 shares of Pubco Common Stock issuable at the closing of the Business Combination and (ii) 25,000,000 shares of Pubco Common Stock issuable after closing of the Business Combination as earn out consideration. This number is based on the maximum number of Pubco Common Stock to be issued as consideration in connection with the Business Combination to shareholders of Starton. |
| | |
| (5) | Consists of Pubco Warrants issuable in exchange for outstanding warrants of Healthwell, which includes (i) 12,500,000 warrants to purchase one share of Class A common Stock at a price of $11.50 per share included in the Units (“Public Warrants”), (ii) 7,700,000 warrants to purchase one share of Class A common stock at a price of $11.50 per share (“Private Warrants”) that were issued in a private placement closed simultaneously with Healthwell’s initial public offering. |
| (6) | Pursuant to Rule 416(a) under the Securities Act, an indeterminable number of additional securities as may be issued to prevent dilution resulting from share splits, share dividends or similar transactions are also being registered. |
| (7) | No separate registration fee required pursuant to Rule 457(g) under the Securities Act. |
