- SPACs
- INTERNATIONAL SHIPPING ENTERPRISES, INC.
INTERNATIONAL SHIPPING ENTERPRISES, INC.
Completed 2005-08-25- CIK 1305220
- ISHP
- IPO 2004-12-13
- $156M trust
- 62 filings
Successfully merged with Navios Maritime Holdings Inc.
- IPO Size
- $171M
- raised at the IPO
- Trust Amount
- $156M
- held for shareholders
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2004
- year it listed
Filings, by quarter
62 filings over 10 quarters; violet bars carry a milestone
- 04 Q4: 23 filings
- 05 Q1: 8 filings
- 05 Q2: 15 filings
- 05 Q3: 13 filings
- 05 Q4: 1 filing
- 06 Q1: 1 filing
- 06 Q2: 0 filings
- 06 Q3: 0 filings
- 06 Q4: 0 filings
- 07 Q1: 1 filing
S-1 filed
IPO
Definitive agreement
Completed
- S-1 filed 04 Q4
- IPO 04 Q4
- Definitive agreement 05 Q1
- Completed 05 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2004-10-13 Filed S1
- IPO2004-12-13 IPO, search begins
- Definitive Agreement2005-02-28 Agreement for merger
- Completed2005-08-25 Merger Completed
About
A blank-check company formed to acquire one or more vessels or an operating business in the shipping industry, with an intended emphasis on the dry bulk and general cargo sectors.
Investment Focus
Maritime Shipping
Key Information
As the filings state it
- IPO Date
- 2004-12-13
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2005-08-25
- Merger Target
- Navios Maritime Holdings Inc.
- SPAC Ticker
- ISHP
Stock Performance
ISHPTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2016-10-11 | $19.89 | |
| 6 Months Post-Merger | 2016-10-11 | $19.89 | 0% |
| 1 Year Post-Merger | 2016-10-11 | $19.89 | 0% |
| 2 Years Post-Merger | 2016-10-11 | $19.89 | 0% |
| Current Price | 2026-10-09 | $34.64 | +74% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team includes leaders and directors with experience in dry-cargo vessel management and brokerage, shipbroking, chartering, marine finance, admiralty law and shipping-related management.