- SPACs
- Prospect Acquisition Corp
Prospect Acquisition Corp
Completed 2009-11-13- CIK 1408100
- PAX
- Now KW
- IPO 2007-11-15
- $247M trust
- 1,642 filings
Successfully merged with Kennedy-Wilson, Inc. • Now trading as KW
- IPO Size
- $250M
- raised at the IPO
- Trust Amount
- $247M
- held for shareholders
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2007
- year it listed
Filings, by quarter
1,642 filings over 76 quarters; violet bars carry a milestone
- 07 Q3: 2 filings
- 07 Q4: 33 filings
- 08 Q1: 10 filings
- 08 Q2: 1 filing
- 08 Q3: 3 filings
- 08 Q4: 4 filings
- 09 Q1: 13 filings
- 09 Q2: 2 filings
- 09 Q3: 11 filings
- 09 Q4: 92 filings
- 10 Q1: 30 filings
- 10 Q2: 35 filings
- 10 Q3: 21 filings
- 10 Q4: 20 filings
- 11 Q1: 16 filings
- 11 Q2: 33 filings
- 11 Q3: 20 filings
- 11 Q4: 18 filings
- 12 Q1: 11 filings
- 12 Q2: 20 filings
- 12 Q3: 8 filings
- 12 Q4: 22 filings
- 13 Q1: 12 filings
- 13 Q2: 13 filings
- 13 Q3: 13 filings
- 13 Q4: 15 filings
- 14 Q1: 26 filings
- 14 Q2: 20 filings
- 14 Q3: 31 filings
- 14 Q4: 33 filings
- 15 Q1: 29 filings
- 15 Q2: 30 filings
- 15 Q3: 19 filings
- 15 Q4: 28 filings
- 16 Q1: 32 filings
- 16 Q2: 23 filings
- 16 Q3: 20 filings
- 16 Q4: 14 filings
- 17 Q1: 27 filings
- 17 Q2: 29 filings
- 17 Q3: 18 filings
- 17 Q4: 38 filings
- 18 Q1: 21 filings
- 18 Q2: 40 filings
- 18 Q3: 8 filings
- 18 Q4: 14 filings
- 19 Q1: 37 filings
- 19 Q2: 18 filings
- 19 Q3: 10 filings
- 19 Q4: 17 filings
- 20 Q1: 43 filings
- 20 Q2: 15 filings
- 20 Q3: 6 filings
- 20 Q4: 16 filings
- 21 Q1: 43 filings
- 21 Q2: 24 filings
- 21 Q3: 14 filings
- 21 Q4: 6 filings
- 22 Q1: 34 filings
- 22 Q2: 17 filings
- 22 Q3: 6 filings
- 22 Q4: 10 filings
- 23 Q1: 31 filings
- 23 Q2: 17 filings
- 23 Q3: 8 filings
- 23 Q4: 18 filings
- 24 Q1: 33 filings
- 24 Q2: 11 filings
- 24 Q3: 10 filings
- 24 Q4: 21 filings
- 25 Q1: 46 filings
- 25 Q2: 16 filings
- 25 Q3: 8 filings
- 25 Q4: 10 filings
- 26 Q1: 54 filings
- 26 Q2: 65 filings
- S-1 filed 07 Q3
- IPO 07 Q4
- Definitive agreement 09 Q3
- Completed 09 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2007-08-03 Filed S1
- IPO2007-11-15 IPO, search begins
- Definitive Agreement2009-09-09 Agreement for merger
- Completed2009-11-13 Merger Completed
About
Prospect Acquisition Corp. is a blank check company seeking to acquire and take control of one or more businesses or assets in the financial services industry. It seeks businesses that could benefit from its capital resources and offer opportunities for organic growth and growth through acquisitions.
Investment Focus
Financial Services
Geographic Focus
United States
Key Information
As the filings state it
- IPO Date
- 2007-11-15
- Total Redemptions
- $44M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2009-11-13
- Merger Target
- Kennedy-Wilson, Inc.
- SPAC Ticker
- PAX
- Merged Ticker
- KW
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team brings financial-services and private-equity experience through chairman and CEO David A. Minella and LLM Capital Partners LLC, whose professionals have investment management and investment banking experience; the directors include experienced financial-services and private-equity executives.