SPAC Overview
$100M
IPO Size
$95.6M
Trust Amount
Failed
Current Status
2006
IPO Year
Timeline Progress
- Registration2005-08-26 Filed S1
- IPO2006-03-23 IPO, search begins
- Definitive AgreementNo merger agreement yet
- Failed2008-07-28 Failed
About
North American Insurance Leaders, Inc. is a blank-check company formed to effect a business combination with one or more insurance-related businesses in North America. It had not selected or approached a target business at the time of the filing.
Investment Focus
Insurance
Geographic Focus
North America
The terms and the filing trail behind North American Insurance Leaders, 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
Scott A. Levine
Chairman of the Board of Directors
Francis Edward Lauricella Jr.
Director, Executive Vice President
Paula S. Butler
Director, Executive Vice President
William R. de Jonge
Director, President
Laurence N. Strenger
Director, General Counsel, Secretary
e Miles Prentice III
Director
Benjamin B. Lopata
Beneficial owner
Elizabeth Lauricella Mcstravick
Beneficial owner
Peter D. Ritter
Beneficial owner
Margaux Smith Butler
Mark Johnston Butler
Mary B. Pickering
Nina Simmons Butler
Underwriters
Extended Team Information
The team consists of six individuals with experience in insurance and financial services, including insurance company management, investment banking, mergers and acquisitions, corporate investing and law.
Key Information
IPO Date
March 23, 2006
SIC
6770
Failed Date
July 28, 2008
SPAC Ticker
NAO