ANDINA ---ANDA, U, R, W
Andina LazyDays Meeting March 15. ProxyLink dated Feb14. From Proxy:
"each Andina warrant will entitle the holder to purchase one-half of one Holdco Share at a price of $11.50 per whole share."
Or 2 warrants + $11.50 buys 1 share!!
Pipe shares registered May 18, 2018.
Lockup 1 year - our initial shareholders have agreed not to transfer, assign or sell any of the insider shares (except to certain permitted transferees) until (1) with respect to 50% of the insider shares, the earlier of one year after the date of the consummation of our initial business combination and the date on which the closing price of our ordinary shares equals or exceeds $12.50 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after our initial business combination and (2) with respect to the remaining 50% of the insider shares, one year after the date of the consummation of our initial business combination, or earlier, in either case, if, subsequent to our initial business combination, we consummate a liquidation, merger
Colliseum Capital Pipe
-----PRPL ------ Feb. 1, 2018 /PRNewswire/ -- Global Partner Acquisition Corp. ("GPAC")and Purple Innovation, LLC ("Purple") today announced that GPAC has entered into a definitive agreement with Coliseum Capital Management, LLC ("Coliseum")....to acquire an aggregate of $40 million of shares of common stock of GPAC through a private placement, and to make an additional $25 million investment in Purple in the form of unsecured debt. In connection with these investments, Global Partner Sponsor I LLC, the sponsor of GPAC (the "Sponsor"), has agreed to assign to the investors an aggregate of 5,782,500 outstanding sponsor warrants and an aggregate of 1,293,750 outstanding founder shares of GPAC, 646,874 of which will be subject to certain vesting conditions.
------Bluebird ----- Hennessy Capital Acquisition Corp. --- Coliseum would purchase $25 million in shares of common stock and $10 million in shares of preferred stock at or prior to the closing of the Company's previously announced acquisition of School Bus Holdings, Inc.,
At the closing of the Transaction Merger, the outstanding shares of common stock of Lazydays will be converted into the right to receive 2,857,143 Holdco Shares and $85 million in cash, subject to....
Andina has also entered into a series of securities purchase agreements with institutional investors for a $94.8 million PIPE Investment which will close simultaneously with the consummation of the Mergers. As a result of the PIPE Investment, on the closing, Andina will issue an aggregate of 600,000 shares of Series A Preferred Stock (with a stated value of $60.0 million), 3,993,479 shares of common stock (the “Holdco Shares”) and five-year warrants to purchase an additional 2,503,934 Holdco Shares exercisable at $11.50 per share.
Extended to April 31. Trust 10.30. ~22 mm in trust. No extra $ added.
Rights convert to 1/7 th share. 7 Rights = 1 common.
Warrants 2 + 11.50 Call price $24. Two warrants are needed to purchase one share.
Trust 10.21 on Oct 31,2017. Extension will add .03/month to total 10.30 on Feb 1 2018
Previous Spac was Andina 1 - Technoglass TGLS
Oct 27 (Reuters) - Andina Acquisition Corp II -
* Andina Acquisition Corp. II announces agreement to acquire Lazydays R.V. Center, Inc.
* Total consideration to be paid to seller will consist of $85 million in cash and about 2.9 million common shares of combined Co
* Upon completion Lazydays’ chairman and CEO William Murnane will continue as chairman and CEO of the combined Co
* Lazydays expects to refinance its existing term debt with a new $20 million facility prior to or simultaneous with closing.
Meeting Oct 31 to extend to Feb 1 2018. current conversion amount of approximately $10.21 per share.
Each unit that we are offering has a price of $10.00 and consists of one ordinary share, one right and one redeemable warrant. Each right entitles the holder thereof to receive one-seventh (1/7) of an ordinary share on the consummation of an initial business combination. Each redeemable warrant entitles the holder thereof to purchase one-half of one ordinary share.
Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although we intend to focus our search for target businesses in the Andean region of South America and in Central America.Type your paragraph here.
The Andean region is comprised of Colombia, Chile, Peru, Ecuador and Venezuela. Within this group, we are focusing on Colombia, Chile and Peru, which offer growth rates that are above average in South America as well as stable political and macro-economic frameworks. We intend to capitalize on opportunities presented by high growth rates within these countries, as well as in neighboring Panama and other countries in Central America.
We will consummate our initial business combination only if we have net tangible assets of at least $5,000,001 upon such consummation and, solely if we seek shareholder approval, a majority of the outstanding ordinary shares voted are voted in favor of the business combination. We will have until 18 months from the consummation of this offering (or 21 months from the consummation of this offering if we have entered into a letter of intent