SPAC Overview
Timeline Progress
- Registration2008-01-09 Filed S1
- IPOWaiting on IPO
- Definitive AgreementNo merger agreement yet
- CompletedNot yet completed
About
First Class Navigation Corporation is a blank-check company seeking to acquire one or more vessels or operating businesses in the shipping industry. Its stated primary acquisition focus is shipping, although it may pursue an attractive opportunity in another industry after 15 months.
Investment Focus
Maritime Shipping
The terms and the filing trail behind First Class Navigation 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
Sponsors
Leadership
Underwriters
Extended Team Information
The management team reports more than 50 years of combined maritime experience in shipping finance, vessel sales and purchase, technical management, operations and engineering. Its track record includes purchases and sales of vessels exceeding $1 billion over six years.