GTY Technology Holdings GTYHU = 1C + 1/3 W
On February 19, 2019 (the “Closing Date”), GTY consummated Business Combination Company acquired each of Bonfire Interactive Ltd. (“Bonfire”), CityBase, Inc. (“CityBase”), eCivis Inc. (“eCivis”), Open Counter Enterprises Inc. (“Open Counter”), Questica Inc. and Questica USCDN Inc. (together, “Questica”), and Sherpa Government Solutions LLC (“Sherpa”).
Merged 6 companies to complete.
Immediately after the Closing, the Company had 48,511,028 shares of common stock outstanding and 27,093,316 warrants outstanding.
11,073,040 Class A Ordinary Shares of GTY Cayman were redeemed at a per share price of approximately $10.29
Trust + $10.00 ~$553mm. At JP Morgan Chase Bank, N.A. - Continental trustee.
1 Warrant + $11.50. Call 18.
Expires Oct 26, 2018 IPO closed Nov 1 2016.
No forward purchase agreements at IPO.
Focus - technology industry, including software and services, that may provide the opportunity to unlock the value of a private company and provide opportunities for an attractive risk adjusted return to our shareholders. Organizations in all industries continue to undergo rapid transformation resulting from the impact of recent technological shifts, including cloud and mobile computing, software-defined data centers (SDDC), the rise of the practice of automating the process of software delivery and infrastructure changes known as the DevOps model, heightened cybersecurity threats, the challenges of managing and maintaining big data, the growth in use of analytics and the adoption of software as a service (SaaS).
Our founder, Co-Chief Executive Officer and Co-Chairman William D. Green was previously chief executive officer and chairman of the board of Accenture PLC, or Accenture (NYSE: ACN). Mr. Green was a director of Accenture from 2001 until 2013,
Our founder, Co-Chief Executive Officer and Co-Chairman Joseph M. Tucci was chief executive officer, chairman of the board of directors and president of EMC from 2001, 2006 and 2014, respectively, until September 2016 when Dell acquired EMC. At that time, Mr. Tucci became an advisor to Dell’s founder, Michael Dell, and its board of directors.