Successfully merged with Navios Maritime Holdings Inc.
SPAC Overview
$171M
IPO Size
$156M
Trust Amount
Completed
Current Status
2004
IPO Year
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. It seeks to complete a business combination, and has not selected a target business.
Investment Focus
Maritime Shipping
The terms and the filing trail behind INTERNATIONAL SHIPPING ENTERPRISES, INC.
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
Leadership
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.
Stock Performance
ISHP
Trading Symbol
First Trade
October 11, 2016
$19.89
6 Months Post-Merger
October 11, 2016
$19.89
0%
1 Year Post-Merger
October 11, 2016
$19.89
0%
2 Years Post-Merger
October 11, 2016
$19.89
0%
Current Price
October 1, 2026
$33.35
+68%
Key Information
IPO Date
December 13, 2004
State of Incorporation
DE
SIC
6770
Completion Date
August 25, 2005
Merger Target
Navios Maritime Holdings Inc.
SPAC Ticker
ISHP