- SPACs
- JM Global Holding Co
JM Global Holding Co
Completed 2018-02-06- CIK 1641398
- WYIG
- Now GDC
- IPO 2015-07-24
- $40.4M trust
- 419 filings
Successfully merged with China Sunlong Environmental Technology Inc. • Now trading as GDC
- IPO Size
- $52.5M
- raised at the IPO
- Trust
- $40.4M
- as of 2017-12-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2015
- year it listed
Filings, by quarter
419 filings over 46 quarters; violet bars carry a milestone
- 15 Q2: 4 filings
- 15 Q3: 25 filings
- 15 Q4: 2 filings
- 16 Q1: 5 filings
- 16 Q2: 1 filing
- 16 Q3: 5 filings
- 16 Q4: 3 filings
- 17 Q1: 1 filing
- 17 Q2: 2 filings
- 17 Q3: 8 filings
- 17 Q4: 13 filings
- 18 Q1: 31 filings
- 18 Q2: 17 filings
- 18 Q3: 2 filings
- 18 Q4: 5 filings
- 19 Q1: 1 filing
- 19 Q2: 8 filings
- 19 Q3: 6 filings
- 19 Q4: 8 filings
- 20 Q1: 9 filings
- 20 Q2: 11 filings
- 20 Q3: 6 filings
- 20 Q4: 7 filings
- 21 Q1: 35 filings
- 21 Q2: 8 filings
- 21 Q3: 6 filings
- 21 Q4: 12 filings
- 22 Q1: 6 filings
- 22 Q2: 8 filings
- 22 Q3: 7 filings
- 22 Q4: 13 filings
- 23 Q1: 11 filings
- 23 Q2: 10 filings
- 23 Q3: 6 filings
- 23 Q4: 14 filings
- 24 Q1: 12 filings
- 24 Q2: 17 filings
- 24 Q3: 15 filings
- 24 Q4: 4 filings
- 25 Q1: 6 filings
- 25 Q2: 9 filings
- 25 Q3: 7 filings
- 25 Q4: 7 filings
- 26 Q1: 10 filings
- 26 Q2: 14 filings
- 26 Q3: 2 filings
- S-1 filed 15 Q2
- IPO 15 Q3
- Definitive agreement 17 Q3
- Completed 18 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2015-05-07 Filed S1
- IPO2015-07-24 IPO, search begins
- Definitive Agreement2017-08-28 Agreement for merger
- Completed2018-02-06 Merger Completed
About
JM Global Holding Company is a blank-check company seeking a business combination. Its stated focus is established consumer products businesses in the United States, especially branded businesses that may benefit from financial, operational, strategic, or managerial redirection.
Investment Focus
Consumer
Geographic Focus
United States
Key Information
As the filings state it
- IPO Date
- 2015-07-24
- Total Redemptions
- $41.8M
- Jurisdiction of Incorporation
- Nevada
- SIC
- 6770
- Completion Date
- 2018-02-06
- Merger Target
- China Sunlong Environmental Technology Inc.
- SPAC Ticker
- WYIG
- Merged Ticker
- GDC
Stock Performance
GDCTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2015-12-29 | $9.50 | |
| At Merger | 2018-02-07 | $9.85 | +4% |
| 6 Months Post-Merger | 2018-08-09 | $6.50 | -34% |
| 1 Year Post-Merger | 2019-02-07 | $4.44 | -55% |
| 2 Years Post-Merger | 2020-02-07 | $1.34 | -86% |
| Current Price | 2026-10-16 | $1.17 | -88% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team highlights consumer-products experience: Qi (Jacky) Zhang in consumer-product development and direct sales; Tim Richerson in consumer products and marketing; and Peter Nathanial in financial advisory, restructuring, investment, banking, and risk management.