Successfully merged with Community Bankers Trust Corporation
SPAC Overview
$60M
IPO Size
$56.4M
Trust Amount
Completed
Current Status
2006
IPO Year
Timeline Progress
- Registration2005-04-22 Filed S1
- IPO2006-06-06 IPO, search begins
- Definitive Agreement2007-09-05 Agreement for merger
- Completed2008-05-31 Merger Completed
About
Community Bankers Acquisition Corp. is a blank-check company formed to acquire or merge with an operating commercial bank or commercial bank holding company, with an intended initial business combination in the banking industry. Its search focuses on U.S. commercial banks, particularly in the Mid-Atlantic region.
Investment Focus
Financial Services
Geographic Focus
United States, Mid-Atlantic region
The terms and the filing trail behind Community Bankers 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 includes banking and financial-services executives, investment-banking and bank M&A professionals, private-equity investors, and an experienced banking-industry special advisor.
Key Information
IPO Date
June 6, 2006
State of Incorporation
VA
SIC
6770
Completion Date
May 31, 2008
Merger Target
Community Bankers Trust Corporation
SPAC Ticker
BTC