Andina 3 ANDAU = 1C, 1R, 1W
December 22, 2020 - record date of the Annual Meeting, there were 4,417,396 Ordinary Shares outstanding, including 1,322,396 public shares
January 27, 2021 at 10:00 a.m., Eastern Time. Extend meeting.
You will be able to attend the Annual Meeting online, vote and submit your questions during the Annual Meeting by visiting https://www.cstproxy.com/andinaacquisition/2020
-- required to approve the Extension Amendment Proposal of at least two-thirds of the outstanding Ordinary Shares
Oct 30,2020 extended from October 31, 2020 to January 31, 2021 (or April 30, 2021 if the Company has executed a definitive agreement for a business combination by January 31, 2021)
Following redemptions of 5,174,508 Ordinary Shares in connection with the Proposed Extension, a total of approximately $13.5 million will remain in the Company’s trust account.
July 29, 2020, special meeting extended ... from July 31, 2020 to October 31, 2020 (or December 31, 2020 if the Company has executed a definitive agreement for an initial business combination by October 31, 2020)
Following redemptions of 4,303,096 of the Ordinary Shares in connection with the Extension, a total of approximately $66,528,226.62 million will remain in the Company’s trust account.
Proxy July 20. the approximately $110,582,000 that was in the trust account as of July 1, 2020.
Based upon the current amount in the trust account, the Company anticipates that the per-share price at which public shares will be redeemed from cash held in the trust account will be approximately $10.23 at the time of the Special Meeting.
1 wt + 11.50 - Call 18
IPO Trust = $10.00 - $115,000,000 if the over-allotment option is exercised in full
18 months - July 31 2020
Focus Americas, Latin America
Previous spacs Technoglass and Lazydays.
On January 31, 2019, the Company consummated the initial public offering (“IPO”) of 10,800,000 of its units (“Units”), including 800,000 Units subject to the underwriters’ over-allotment option. Each Unit consists of one ordinary share, $0.0001 par value per share (“Ordinary Share”), one right (“Right”) to receive one-tenth of one Ordinary Share, and one redeemable warrant (“Warrant”), with each Warrant entitling the holder to purchase one Ordinary Share at a price of $11.50 per share. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $108,000,000.
Simultaneously with the consummation of the IPO, the Company consummated the private placement (“Private Placement”) of 395,000 Units (“Private Units”) at a price of $10.00 per Private Unit, generating total proceeds of $3,950,000, to certain of the Company’s initial shareholders, Cowen and Company, LLC and Craig-Hallum Capital Group LLC, the joint book-running managers of the IPO