GP Investments Acquisition Corp.
Completed 2017-10-10- CIK 1635282
- GPIA
- Now RMNI
- IPO 2015-05-20
- $158M trust
- 1,177 filings
Successfully merged with Rimini Street, Inc. • Now trading as RMNI
- IPO Size
- $173M
- raised at the IPO
- Trust
- $158M
- as of 2017-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2015
- year it listed
Filings, by quarter
1,177 filings over 48 quarters; violet bars carry a milestone
- 15 Q1: 1 filing
- 15 Q2: 23 filings
- 15 Q3: 3 filings
- 15 Q4: 4 filings
- 16 Q1: 7 filings
- 16 Q2: 20 filings
- 16 Q3: 9 filings
- 16 Q4: 21 filings
- 17 Q1: 7 filings
- 17 Q2: 28 filings
- 17 Q3: 25 filings
- 17 Q4: 67 filings
- 18 Q1: 43 filings
- 18 Q2: 32 filings
- 18 Q3: 53 filings
- 18 Q4: 28 filings
- 19 Q1: 41 filings
- 19 Q2: 26 filings
- 19 Q3: 36 filings
- 19 Q4: 20 filings
- 20 Q1: 29 filings
- 20 Q2: 40 filings
- 20 Q3: 47 filings
- 20 Q4: 17 filings
- 21 Q1: 49 filings
- 21 Q2: 27 filings
- 21 Q3: 27 filings
- 21 Q4: 19 filings
- 22 Q1: 40 filings
- 22 Q2: 31 filings
- 22 Q3: 19 filings
- 22 Q4: 11 filings
- 23 Q1: 36 filings
- 23 Q2: 24 filings
- 23 Q3: 16 filings
- 23 Q4: 8 filings
- 24 Q1: 27 filings
- 24 Q2: 31 filings
- 24 Q3: 10 filings
- 24 Q4: 10 filings
- 25 Q1: 32 filings
- 25 Q2: 33 filings
- 25 Q3: 10 filings
- 25 Q4: 13 filings
- 26 Q1: 31 filings
- 26 Q2: 28 filings
- 26 Q3: 15 filings
- 26 Q4: 3 filings
- S-1 filed 15 Q1
- IPO 15 Q2
- Definitive agreement 17 Q2
- Completed 17 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
A blank-check company formed to complete an initial business combination with one or more businesses, focusing on U.S. and European targets in sectors where management has direct investing experience, such as consumer goods and services, retail and hospitality.
Investment Focus
Consumer, Retail, Hospitality
Geographic Focus
United States, Europe
Key Information
As the filings state it
- IPO Date
- 2015-05-20
- Total Redemptions
- $160M
- PIPE
- $36M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2017-10-10
- Merger Target
- Rimini Street, Inc.
- SPAC Ticker
- GPIA
- Merged Ticker
- RMNI
Stock Performance
RMNITrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2015-08-28 | $9.75 | |
| At Merger | 2017-10-11 | $9.61 | -1% |
| 6 Months Post-Merger | 2018-04-12 | $8.00 | -17% |
| 1 Year Post-Merger | 2018-10-11 | $6.23 | -35% |
| 2 Years Post-Merger | 2019-10-11 | $4.10 | -57% |
| Current Price | 2026-10-16 | $4.01 | -59% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by Fersen Lambranho and Antonio Bonchristiano, whose combined private-equity experience is close to 40 years and includes service on more than 50 company boards. The team draws on GP Investments' extensive investment sourcing and operating experience.