- SPACs
- Sapphire Industrials Corp.
Sapphire Industrials Corp.
Liquidated 2010-01-06- CIK 1414255
- FYR
- IPO 2008-01-22
- 61 filings
- IPO Size
- $800M
- raised at the IPO
- Current Status
- Failed
- from its latest filing
- IPO Year
- 2008
- year it listed
Filings, by quarter
61 filings over 10 quarters; violet bars carry a milestone
- 07 Q4: 7 filings
- 08 Q1: 37 filings
- 08 Q2: 1 filing
- 08 Q3: 1 filing
- 08 Q4: 3 filings
- 09 Q1: 3 filings
- 09 Q2: 1 filing
- 09 Q3: 1 filing
- 09 Q4: 1 filing
- 10 Q1: 6 filings
S-1 filed
IPO
Liquidated
- S-1 filed 07 Q4
- IPO 08 Q1
- Liquidated 10 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2007-10-11 Filed S1
- IPO2008-01-22 IPO, search begins
- Definitive AgreementNo merger agreement yet
- Failed2010-01-06 Failed
About
Sapphire Industrials Corp. is a blank-check company formed to effect a business combination with one or more operating businesses. It intends to focus primarily on general industrial companies in North America.
Investment Focus
Industrial
Geographic Focus
North America
Key Information
As the filings state it
- IPO Date
- 2008-01-22
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Failed Date
- 2010-01-06
- SPAC Ticker
- FYR
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The company draws on Lazard's financial advisory and asset management resources, and is led by chairman, CEO and president Donald G. Drapkin, whose career includes significant securities transactions and business combinations and senior roles at Lazard and MacAndrews & Forbes.