- SPACs
- Phoenix India Acquisition Corp.
Phoenix India Acquisition Corp.
Liquidated 2008-12-09- CIK 1336775
- PXIA
- IPO 2006-03-31
- $47.8M trust
- 78 filings
- IPO Size
- $49.3M
- raised at the IPO
- Trust Amount
- $47.8M
- held for shareholders
- Current Status
- Failed
- from its latest filing
- IPO Year
- 2006
- year it listed
Filings, by quarter
78 filings over 15 quarters; violet bars carry a milestone
- 05 Q3: 1 filing
- 05 Q4: 4 filings
- 06 Q1: 15 filings
- 06 Q2: 6 filings
- 06 Q3: 2 filings
- 06 Q4: 1 filing
- 07 Q1: 4 filings
- 07 Q2: 4 filings
- 07 Q3: 2 filings
- 07 Q4: 4 filings
- 08 Q1: 14 filings
- 08 Q2: 7 filings
- 08 Q3: 4 filings
- 08 Q4: 7 filings
- 09 Q1: 3 filings
- S-1 filed 05 Q3
- IPO 06 Q1
- Liquidated 08 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2005-08-31 Filed S1
- IPO2006-03-31 IPO, search begins
- Definitive AgreementNo merger agreement yet
- Failed2008-12-09 Failed
About
Phoenix India Acquisition Corp. is a blank check company seeking an acquisition or business combination with an operating business in IT, IT-enabled services or products, including KPO and BPO businesses operating in India.
Investment Focus
IT Services, Business Services
Geographic Focus
India
Key Information
As the filings state it
- IPO Date
- 2006-03-31
- SIC
- 6770
- Failed Date
- 2008-12-09
- SPAC Ticker
- PXIA
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The four-person team includes Raju Panjwani, a former Morgan Stanley managing director who established its presence and offshore initiatives in India; Ramesh Akella, a financial advisory and private-equity professional; Shekhar Wadekar, an executive in medical-device and scientific-software companies with prior semiconductor research experience; and Rohit Phansalkar, a merchant-banking and private-equity executive.