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

  1. 04 Q4: 23 filings
  2. 05 Q1: 8 filings
  3. 05 Q2: 15 filings
  4. 05 Q3: 13 filings
  5. 05 Q4: 1 filing
  6. 06 Q1: 1 filing
  7. 06 Q2: 0 filings
  8. 06 Q3: 0 filings
  9. 06 Q4: 0 filings
  10. 07 Q1: 1 filing
  • 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

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

ISHP

Trading symbol, and its price at each step since the first trade

Stock performance
PointDatePriceMove
First Trade2016-10-11$19.89
6 Months Post-Merger2016-10-11$19.890%
1 Year Post-Merger2016-10-11$19.890%
2 Years Post-Merger2016-10-11$19.890%
Current Price2026-10-09$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.

External Resources