- SPACs
- SINO MERCURY ACQUISITION CORP.
SINO MERCURY ACQUISITION CORP.
Completed 2015-10-27- CIK 1608269
- SMAC
- IPO 2014-08-26
- $40.8M trust
- 76 filings
Successfully merged with Wins Finance Group Ltd. (WFG)
- IPO Size
- $40.8M
- raised at the IPO
- Trust
- $40.8M
- as of 2015-06-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2014
- year it listed
Filings, by quarter
76 filings over 8 quarters; violet bars carry a milestone
- 14 Q2: 4 filings
- 14 Q3: 22 filings
- 14 Q4: 8 filings
- 15 Q1: 6 filings
- 15 Q2: 13 filings
- 15 Q3: 18 filings
- 15 Q4: 4 filings
- 16 Q1: 1 filing
- S-1 filed 14 Q2
- IPO 14 Q3
- Definitive agreement 15 Q2
- Completed 15 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2014-05-16 Filed S1
- IPO2014-08-26 IPO, search begins
- Definitive Agreement2015-04-24 Agreement for merger
- Completed2015-10-27 Merger Completed
About
Sino Mercury Acquisition Corp. is a blank-check company seeking an initial business combination. Its initial search focus is target businesses located in China that operate in the non-traditional financial industry, including microcredit companies, financial leasing companies and guarantors.
Investment Focus
Financial Services
Geographic Focus
China
Key Information
As the filings state it
- IPO Date
- 2014-08-26
- Total Redemptions
- $10.1M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2015-10-27
- Merger Target
- Wins Finance Group Ltd. (WFG)
- SPAC Ticker
- SMAC
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The management team includes Jianming Hao, an investment and operating executive in China; Richard Xu, an investment banker and financial adviser focused on Chinese enterprises; Amy He, an accounting and audit executive; and directors with backgrounds in asset management, insurance, financial services and taxation.