Successfully merged with CollectorSolutions, Inc.
SPAC Overview
$72M
IPO Size
$58.8M
Trust (as of 2012-09-30)
Completed
Current Status
2011
IPO Year
Timeline Progress
About
Universal Business Payment Solutions Acquisition Corporation is a blank-check company formed to acquire one or more operating businesses. It expects to focus on financial services and seeks payment-processing platform companies, with potential follow-on acquisitions in related areas.
Investment Focus
Financial Services, Payment Platforms
The terms and the filing trail behind Universal Business Payment Solutions 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
Bipin C. Shah
Chairman of the Board of Directors, Chief Administrative Officer, Chief Executive Officer, Director
Peter B. Davidson
Chairman of the Board of Directors, Chief Administrative Officer, Chief Executive Officer
Arthur F. Ryan
Director
Frederick S. Hammer
Director
Jonathan M. Lubert
Director
Richard S. Braddock
Director
Robert Palmer
Director
Underwriters
Extended Team Information
The team is led by Bipin C. Shah, an experienced financial-services and payments entrepreneur, alongside directors and officers with backgrounds in financial services, banking, payment processing, investment management, and business leadership.
Key Information
IPO Date
May 11, 2011
Total Redemptions
$60.8M
PIPE
$10M
State of Incorporation
DE
SIC
6770
Completion Date
December 28, 2012
Merger Target
CollectorSolutions, Inc.
SPAC Ticker
UBPS