One Madison Corp
Completed 2019-05-30- CIK 1712463
- OMAD
- Now PACK
- IPO 2018-01-19
- $307M trust
- 620 filings
Successfully merged with Rack Holdings, Inc. • Now trading as PACK
- IPO Size
- $300M
- raised at the IPO
- Trust
- $307M
- as of 2019-03-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2018
- year it listed
Filings, by quarter
620 filings over 38 quarters; violet bars carry a milestone
- 17 Q3: 2 filings
- 17 Q4: 3 filings
- 18 Q1: 27 filings
- 18 Q2: 2 filings
- 18 Q3: 3 filings
- 18 Q4: 9 filings
- 19 Q1: 15 filings
- 19 Q2: 54 filings
- 19 Q3: 13 filings
- 19 Q4: 15 filings
- 20 Q1: 20 filings
- 20 Q2: 17 filings
- 20 Q3: 29 filings
- 20 Q4: 10 filings
- 21 Q1: 25 filings
- 21 Q2: 29 filings
- 21 Q3: 8 filings
- 21 Q4: 12 filings
- 22 Q1: 25 filings
- 22 Q2: 20 filings
- 22 Q3: 14 filings
- 22 Q4: 8 filings
- 23 Q1: 14 filings
- 23 Q2: 26 filings
- 23 Q3: 17 filings
- 23 Q4: 15 filings
- 24 Q1: 27 filings
- 24 Q2: 20 filings
- 24 Q3: 7 filings
- 24 Q4: 16 filings
- 25 Q1: 39 filings
- 25 Q2: 17 filings
- 25 Q3: 7 filings
- 25 Q4: 9 filings
- 26 Q1: 21 filings
- 26 Q2: 17 filings
- 26 Q3: 5 filings
- 26 Q4: 3 filings
- S-1 filed 17 Q3
- IPO 18 Q1
- Definitive agreement 18 Q4
- Completed 19 Q2
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
One Madison Corporation is a blank-check company seeking to combine with a business. It focuses on consumer-related businesses, especially consumer products or services, food and beverage, and adjacent manufacturing or industrial services businesses linked to a consumer end-user.
Investment Focus
Consumer, Food & Beverage, Manufacturing, Industrial Services
Geographic Focus
North America
Key Information
As the filings state it
- IPO Date
- 2018-01-19
- Total Redemptions
- $158M
- PIPE
- $162M
- Jurisdiction of Incorporation
- Cayman Islands
- SIC
- 6770
- Completion Date
- 2019-05-30
- Merger Target
- Rack Holdings, Inc.
- SPAC Ticker
- OMAD
- Merged Ticker
- PACK
Stock Performance
PACKTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2018-03-05 | $9.65 | |
| At Merger | 2019-05-31 | $9.88 | +2% |
| 6 Months Post-Merger | 2019-12-02 | $6.29 | -36% |
| 1 Year Post-Merger | 2020-06-01 | $7.59 | -23% |
| 2 Years Post-Merger | 2021-06-01 | $21.85 | +121% |
| Current Price | 2026-10-16 | $3.46 | -64% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by founder and CEO Omar Asali, with senior leadership and M&A experience at HRG, Spectrum Brands, and investment firms. Its operating and advisory committee comprises four former senior executives from global consumer and industrial companies.