SPAC Overview
Timeline Progress
- Registration2010-05-03 Filed S1
- WithdrawnNot yet completed
About
Formula Acquisition Corp. is a blank-check company formed to acquire one or more operating Internet businesses through a merger, capital stock exchange, asset acquisition, or similar business combination. It has no specific target under consideration and intends to focus on Internet businesses including e-commerce, mobile Internet, social networking, financial information and digital media, online banking, and software development.
Investment Focus
E-commerce, Financial Services, Media, Software
The terms and the filing trail behind Formula 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
Extended Team Information
The team includes Thomas J. Clarke, Jr., a former CEO of TheStreet.com with substantial acquisition experience in financial information and digital media; James Altucher, an Internet entrepreneur and venture investor; and Daniel Kelly, a finance and private-equity professional. Their experience spans Internet businesses, acquisitions, venture capital, financial information, digital media, and online banking.