Sentences with phrase «blank check company»

Stellar is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

It could be that management wants to run a blank check company, but Messrs Muoio and McAdoo might have something to say about that.

Levy Acquisition Corp is a blank check company, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

PALO ALTO, Calif. --(BUSINESS WIRE)-- Social Capital Hedosophia Holdings Corp. (the «Company»), a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition,...

Avista Healthcare Public Acquisition Corp. (AHPAU)(IPO October 11, 2016: blank check company focused on healthcare acquisitions)

Hunter Maritime Acquisition Corp. (HUNTU)(IPO November 18, 2016: blank check company with an initial focus on the shipping industry)

III (HCAC III) is a newly organized blank check company founded by Daniel J. Hennessy and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

III is a newly organized blank check company founded by Daniel J. Hennessy and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

• Nebula Acquisition, a San Francisco - based blank check company formed to acquire a tech firm, raised $ 250 million in an offering of 25 million units at $ 10.

• Hennessy Capital Acquisition III, a Wilson, Wyo. - based blank check company seeking to combine industrial manufacturing, distribution or services companies, raised $ 225 million in an IPO of 22.5 million shares at $ 10.

• DFB Healthcare Acquisitions, a New York City - based blank check company backed by Deerfield Management, said it raised $ 250 million in an offering of 25 million units priced at $ 10 a piece.

It is known as a «blank check company,» because investors buy into the fund without knowing which company they will end up owning a part of.

III, a blank check company.

Social Capital CEO Chamath Palihapitiya raised $ 600 million in an IPO yesterday for his blank check company, Social Capital Hedosophia Holdings.

• Mudrick Capital Acquisition, a New York City - based blank check company formed to acquire a post-bankruptcy business, said it raised $ 200 million in an IPO of 20 million units priced at $ 10 a piece.

• MTech Acquisition, an Orlando - based blank check company formed to acquire a cannabis - related firm, filed for a $ 50 million IPO of 5 million units.

• Leo Holdings, a London - based blank check company, raised $ 200 million in an IPO of 20 million shares priced at $ 10 a piece.

Renaissance Capital does not include OTC listings or blank check companies in its IPO data.

In Blank Checks Firing Blanks (Breakingviews.com via NYTimes.com), Lauren Silva Laughlin and George Hay write about the recent performance of blank check companies, otherwise known as special - purpo...

In Blank Checks Firing Blanks (Breakingviews.com via NYTimes.com), Lauren Silva Laughlin and George Hay write about the recent performance of blank check companies, otherwise known as special - purpose acquisition corporations or SPACs.

Not exact matches

Even when working for companies that are doing well, senior executives don't have blank checks for un-budgeted funds.

With the F.B.I. pushing Apple to help unlock the device with a court order and publicizing that it has been unable to get into the iPhone, hackers realized there was a blank check for them if they could accomplish it, said Jon Oberheide, the chief technology officer of Duo Security, a cloud security company.

Tribune Company, the team's bankroller, has not given Green a blank check, but he does have a firm commitment to spend whatever he thinks it'll take.

«No company's multi-billion-dollar political warchest gives it a blank check to skirt vital protections and oversight for New Yorkers,» he wrote.

In other words, companies with no profits or specific prospects have raised $ 14 billion in blank check funding.

These provisions include «poison pills,» blank check preferreds, super voting common stocks, staggered elections for Boards of Directors, super majority voting provisions, preventing stockholders from convening special meetings, and having the company itself finance all of management's expenditures where there is a contest for control.

It show a comparison of compound average returns from shells and Special Purpose Acquisition Companies (SPACs), which we previously discussed in the post, Blank checks: Fertile fishing grounds for liquidation value investors:

Having had several checks collected from me by (typically) utility companies in order to set up automated payments (where the company withdraws funds instead of my initiating a payment each month), I always gave them a blank pre-printed deposit slip with the bank routing number and personal account imprinted on it in magnetic ink.

One company demanded a blank voided check in lieu of the deposit slip, the others were quite happy with what I gave them.

It show a comparison of compound average returns from shells and Special Purpose Acquisition Companies (SPACs), which we previously discussed in the post, Blank checks: Fertile fishing grounds for liquidation -LSB-...]

Have you wondered why you got a blank check from a credit card company?

If you have employees without a bank account or you don't want to issue a blank check for employees to purchase supplies or equipment for the company, First Bank & Trust has card products that allow you to issue fully loaded cards to your employees,

While it has a free float of around 92 %, the company's so - called «Anti-takeover Provisions» authorize the board to issue up to 4M shares of «blank check» preferred stock.

Blank checks are shell companies that raise money from the public in order to acquire a business the identity of which is not known at the time the capital is raised.

I left the company's name blank because after returning home, we contacted their corporate office and corporate was extremely apologetic for the way we were treated and sent us a check for the overages we had to pay.

Part 2: Looking for trustworthiness if you're a candidate: Does your recruiter want a blank check to send your resume to his / her client companies?

Also known as «blank - check» companies, these special purpose entities raise money through IPOs and then search for private assets or operating companies to acquire.

After a blank - check company pays for the IPO and other expenses, the remaining proceeds are put into a trust to pay for an acquisition, which typically must occur within 24 months of the IPO.

Blank - check companies were common in the 1990s, though they were largely considered the used - car salesmen of the finance markets.

Here are a few rules that all blank - check companies generally follow.

In 2003, entrepreneurs retooled blank - check companies and reintroduced them as SPACs.

Still, those worries have failed to quell interest in blank - check companies.