GHL Acquisition Corp.

Merged
CIK: 1418819•Ticker: GHQ•Merged Ticker: IRDM
Successfully merged with Iridium Communications Inc. • Now trading as IRDM

SPAC Overview

$400M
IPO Size
Completed
Current Status
2008
IPO Year

Timeline Progress

About

GHL Acquisition Corp. is a blank-check company formed to complete an initial business combination with one or more businesses or assets. It is an industry generalist seeking targets in the United States and Europe with significant growth opportunity.

Geographic Focus

United States, 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
Open in the dashboard

SPAC Team

Sponsors

Extended Team Information

Scott L. Bok, Robert H. Niehaus and John D. Liu bring backgrounds in mergers and acquisitions, restructuring and private-equity investing. Greenhill & Co., Inc. provides access to its investment-banking network and merchant-banking resources.

Stock Performance

IRDM
Trading Symbol
First Trade
March 20, 2008
$9.00
At Merger
September 30, 2009
$11.41
+27%
6 Months Post-Merger
April 1, 2010
$8.31
-27%
1 Year Post-Merger
September 30, 2010
$8.54
-25%
2 Years Post-Merger
October 11, 2011
$5.98
-48%
Current Price
October 1, 2026
$47.87
+432%

Key Information

IPO Date
February 19, 2008
Total Redemptions
$92.1M
State of Incorporation
DE
SIC
6770
Completion Date
September 29, 2009
Merger Target
Iridium Communications Inc.
SPAC Ticker
GHQ
Merged Ticker
IRDM