Pinpoint Advance CORP

CIK: 1377490•Ticker: PPAC

SPAC Overview

$25M
IPO Size
$24.8M
Trust Amount
Failed
Current Status
2007
IPO Year

Timeline Progress

About

Pinpoint Advance Corp. is a blank-check company formed to acquire an unidentified operating business. It intends to focus primarily on target businesses in Israel, particularly technology companies, while also considering certain European businesses that could benefit from operations or facilities in Israel.

Investment Focus

Technology

Geographic Focus

Israel, Europe

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
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SPAC Team

Extended Team Information

The management team reports over 86 years of aggregate operating and value-creation experience in technology and other industries, long-standing collaboration, and experience founding, growing, and taking companies public. Its members include executives and directors with backgrounds in technology, telecommunications, financial services, security, and public-company leadership.

Key Information

IPO Date
April 20, 2007
SIC
6770
Failed Date
November 23, 2012
SPAC Ticker
PPAC