Paramount Acquisition Corp

Merged
CIK: 1330487•Ticker: PMQC
Successfully merged with Chem Rx

SPAC Overview

$51M
IPO Size
$45.1M
Trust Amount
Completed
Current Status
2005
IPO Year

Timeline Progress

About

Paramount Acquisition Corp is a newly organized blank-check company seeking to acquire an operating business in the healthcare industry through a merger, stock exchange, asset acquisition or similar business combination. It has not identified a target business and was formed to pursue a business combination.

Investment Focus

Healthcare

Embarc dashboard

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
Open in the dashboard

SPAC Team

Extended Team Information

The management team includes investment banking, asset-management, healthcare and biomedical professionals. Lindsay A. Rosenwald has led Paramount BioCapital organizations and invested in biomedical and life-science companies; J. Jay Lobell has legal and operating experience; I. Keith Maher has asset-management and equity research experience; Michael Weiser has biomedical research and pharmaceutical company experience. Directors Arie Belldegrun and Isaac Kier bring biotechnology, healthcare, venture-capital and corporate experience.

Key Information

IPO Date
October 24, 2005
State of Incorporation
DE
SIC
6770
Completion Date
October 26, 2007
Merger Target
Chem Rx
SPAC Ticker
PMQC