SPAC Overview
Timeline Progress
- Registration2004-08-17 Filed S1
- IPO2005-02-16 IPO, search begins
- Definitive Agreement2006-04-05 Agreement for merger
- Completed2006-11-01 Merger Completed
About
Coastal Bancshares Acquisition Corp. is a blank-check company formed to acquire or merge with an operating commercial bank or commercial bank holding company, particularly one with $100–$500 million in assets. It intends to use the offering proceeds and its capital to complete a business combination.
Investment Focus
Financial Services
Geographic Focus
United States
The terms and the filing trail behind Coastal Bancshares Acquisition Corp.
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
SPAC Team
Sponsors
Leadership
Underwriters
Extended Team Information
The team has management experience operating and growing banks and commercial finance businesses. Co-CEOs Donald Brunson and Cary Grossman have substantial banking, finance, investment banking and corporate leadership experience; the directors and senior vice president bring banking, investment, restructuring and corporate-development experience.