Rand Acquisition CORP

Merged
CIK: 1294250•Ticker: RAQC
Successfully merged with Lower Lakes Towing Ltd.

SPAC Overview

$24M
IPO Size
$20.6M
Trust Amount
Completed
Current Status
2004
IPO Year

Timeline Progress

About

Rand Acquisition Corporation is a blank-check company formed to acquire an unidentified operating business with significant growth potential. It intends to focus on logistics and distribution, infrastructure, and manufacturing businesses, with financial stability and long-term growth potential.

Investment Focus

Logistics, Infrastructure, Manufacturing

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Extended Team Information

Laurence S. Levy, chairman and chief executive officer, has experience in private investments, logistics, infrastructure, industrial and manufacturing businesses. Director Isaac Kier has venture capital and investment partnership experience and has previously served with another blank-check company. Director Sandeep D. Alva has private equity experience, including middle-market subordinated debt and equity investments.

Key Information

IPO Date
October 28, 2004
PIPE
$15M
State of Incorporation
DE
SIC
6770
Completion Date
March 3, 2006
Merger Target
Lower Lakes Towing Ltd.
SPAC Ticker
RAQC