Posts
December 27 2018
Stellar Acquisition III, Inc. (“Stellar” and, together with the Successor (as defined below), “Phunware”)) (NASDAQ: STLR) announced today that on December 26, 2018 it consummated its business combination with Phunware, Inc. (“Opco”) and related transactions, as contemplated by the Agreement and Plan of Merger, dated as of February 27, 2018 (as amended, the “Merger Agreement”) by and among Stellar, STLR Merger Subsidiary Inc., a Delaware corporation and a wholly-owned subsidiary of Stellar, and Opco, which was approved by Stellar’s stockholders at a meeting on December 21, 2018.
www.globalnewswire.com
December 20 2018
Esports Has New Publicly Traded Company Putting on a Poker Face
The rapidly expanding world of esports has a new publicly traded company, one that’s hoping to learn from the business model of another online gaming predecessor: poker. Black Ridge Acquisition Corp. has agreed to purchase Allied Esports International Inc., an esports entertainment company, and WPT Enterprises, the creator of the World Poker Tour, from Ourgame International Holdings Ltd. for about $150 million.
www.bloomberg.com
December 19 2018
Draper Oakwood Technology Acquisition, Inc. (“DOTA”) (NASDAQ: “DOTA,” “DOTAU,” “DOTAR” and “DOTAW”) announced that, at its Special Meeting of Stockholders held today, DOTA stockholders approved the proposed business combination with Reebonz Limited (“Reebonz”), a leading online luxury marketplace and platform in the Asia Pacific region based in Singapore, and related matters.
www.businesswire.com
December 13 2018
Schultze Special Purpose Acquisition prices IPO at $10
Schultze Special Purpose Acquisition, a blank check company formed by distressed debt investor George Schultze, priced its IPO at $10 on Tuesday.
www.nasdaq.com
December 12 2018
CF Finance Acquisition Corp. Announces Pricing of $250 Million Initial Public Offering
CF Finance Acquisition Corp. (Nasdaq: CFFAU, the “Company”) announced today that it priced its initial public offering of 25,000,000 units at $10.00 per unit. EG&S acted as counsel to CF Finance.
www.prnewswire.com
December 11 2018
The Gores Group’s fourth blank check company Gores Metropoulos files for $375 million IPO
Gores Metropoulos, a blank check company formed by The Gores Group, announced terms for its IPO on Tuesday. The Beverly Hills, CA-based company plans to raise $375 million by offering 37.5 million units at a price of $10.
www.nasdaq.com
December 06 2018
Industrea Acquisition Corp. and Concrete Pumping Holdings Complete Business Combination
Industrea Acquisition Corp. (Nasdaq: INDUU, INDU, INDUW) (“Industrea”) today announced the closing of its previously announced business combination with Concrete Pumping Holdings, Inc. (“CPHI”). Ellenoff Grossman & Schole LLP acted as legal counsel to B. Riley FBR.
www.industreaequity.com
December 05 2018
2 Firms Lead Nov. IPO Action Fueled By Blank Check Cos.
Two firms leaped ahead of peers based on proceeds from initial public offerings they steered in November, bolstered by blank check companies that generated the largest IPOs in an otherwise quiet month for deals. Ellenoff Grossman & Schole LLP and Skadden Arps Slate Meagher & Flom LLP guided two blank check IPOs each, representing either the issuing company or their underwriters. Both firms’ work spanned a total of threeblank check companies that raised $765 million combined, dwarfing the mostly small offerings completed in November by actual operating companies.
www.law360.com