Electrum Special Acquisition Corp

CIK: 1639669•Ticker: ELEC

SPAC Overview

$175M
IPO Size
$128M
Trust (as of 2018-02-28)
Failed
Current Status
2015
IPO Year

Timeline Progress

About

Electrum Special Acquisition Corporation is a blank-check company formed to acquire a business or assets through an initial business combination. It intends to focus its search primarily on metals and mining businesses and assets, especially gold and other precious metals, while retaining flexibility to pursue opportunities outside that sector.

Investment Focus

Natural Resources

Embarc dashboard

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
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SPAC Team

Extended Team Information

Led by Chairman Thomas S. Kaplan and CEO Eric N. Vincent, the team draws on experience in natural-resources investing, mining, finance and operations, supported by The Electrum Group LLC (TEG), a global natural-resources investment manager. Kaplan is an investor and entrepreneur with extensive mining and resources experience; Vincent has experience in alternative asset management and related financial businesses.

Key Information

IPO Date
June 11, 2015
State of Incorporation
D8
SIC
6770
Failed Date
June 6, 2018
SPAC Ticker
ELEC