Electrum Special Acquisition Corp
Liquidated 2018-05-09- CIK 1639669
- ELEC
- IPO 2015-06-11
- $128M trust
- 96 filings
- IPO Size
- $175M
- raised at the IPO
- Trust
- $128M
- as of 2018-02-28
- Current Status
- Failed
- from its latest filing
- IPO Year
- 2015
- year it listed
Filings, by quarter
96 filings over 16 quarters; violet bars carry a milestone
- 15 Q2: 45 filings
- 15 Q3: 1 filing
- 15 Q4: 1 filing
- 16 Q1: 3 filings
- 16 Q2: 1 filing
- 16 Q3: 1 filing
- 16 Q4: 1 filing
- 17 Q1: 3 filings
- 17 Q2: 8 filings
- 17 Q3: 5 filings
- 17 Q4: 6 filings
- 18 Q1: 10 filings
- 18 Q2: 9 filings
- 18 Q3: 0 filings
- 18 Q4: 0 filings
- 19 Q1: 2 filings
- S-1 filed 15 Q2
- IPO 15 Q2
- Liquidated 18 Q2
SPAC Overview
Where it stands on the road from S-1 to merger
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
Key Information
As the filings state it
- IPO Date
- 2015-06-11
- Total Redemptions
- $151M
- Jurisdiction of Incorporation
- British Virgin Islands
- SIC
- 6770
- Failed Date
- 2018-05-09
- SPAC Ticker
- ELEC
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
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.