Successfully merged with HUGHES Telematics, Inc.
SPAC Overview
$150M
IPO Size
Completed
Current Status
2008
IPO Year
Timeline Progress
- Registration2007-08-29 Filed S1
- IPO2008-01-15 IPO, search begins
- Definitive Agreement2008-06-13 Agreement for merger
- Completed2009-03-31 Merger Completed
About
Polaris Acquisition Corp. is a blank-check company formed to acquire or combine with an unidentified operating business. It has no industry restriction and expects to pursue a business combination.
Investment Focus
Business Services, Technology, Infrastructure
The terms and the filing trail behind Polaris Acquisition Corp.
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
Marc Byron V.
Chairman of the Board of Directors, Chief Executive Officer
Jeffrey A. Leddy
Chief Executive Officer, Director
Keith J. Schneider
Chief Executive Officer, Networkfleet, President, President and Chief Executive Officer, Networkfleet, President, Networkfleet
Craig J. Kaufmann
Treasurer, Vice President Finance, Vice President Finance and Treasurer
David F. Palmer
Vice President
Erik J. Goldman
President
Jerry Stone
Vice President
Lowell D. Kraff
Director, President
Robert C. Lewis
General Counsel, General Counsel and Secretary, Secretary
Aaron J. Stone
Director
Andrew D. Africk
Director
Andrew P. Hines
Director
Brian B. Boorstein
Director
David L. Moore
Director
Marc V. Byron V
Director
Mark Vanstekelenburg
Director
Matthew H. Nord
Director
Steve Martinez
Director
Stuart I. Oran
Director
Warren N. Lieberfarb
Director
Extended Team Information
The team has experience operating and advising marketing services and consumer-facing companies, alongside backgrounds in merchant banking, private equity, investment banking, acquisitions and corporate leadership.
Key Information
IPO Date
January 15, 2008
Total Redemptions
$45M
State of Incorporation
DE
SIC
6770
Completion Date
March 31, 2009
Merger Target
HUGHES Telematics, Inc.
SPAC Ticker
TKP