Successfully merged with Kaixin Auto Group • Now trading as KXIN
SPAC Overview
$180M
IPO Size
$214M
Trust (as of 2019-03-31)
Completed
Current Status
2017
IPO Year
Timeline Progress
About
CM Seven Star Acquisition Corporation is a blank-check company formed to effect a business combination with one or more businesses.
The terms and the filing trail behind CM Seven Star Acquisition Corp
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
SPAC Team
Sponsors
Leadership
Bing Lin
Chairman of the Board of Directors, Chief Executive Officer
Kum Loon Patrick Ho
Senior Vice President
Stephen N. Cannon
Chief Financial Officer, Director, President
Alan Chow
Chief Operating Officer
Jiong Shao
Director
Michele Smith
Director
Tzu Wen Maryann Tseng
Director
Wing Yan Kathy Li
Director of Investor Relations
Kathy Wing Yan Li
Beneficial owner
Maryann Tzu Wen Tseng
Beneficial owner
Patrick Kum Loon Ho
Beneficial owner
Extended Team Information
The team has cross-border, financial-markets, investment banking and asset-management experience, including through its sponsor Shareholder Value Fund and its relationship with China Minsheng Investment Group. Its members include executives with prior SPAC experience and backgrounds in investing, operations and capital markets.
Stock Performance
KXIN
Trading Symbol
First Trade
2017-11-06
$9.68
At Merger
2019-05-01
$2.81
-71%
6 Months Post-Merger
2019-11-01
$1.52
-46%
1 Year Post-Merger
2020-05-04
$0.89
-68%
2 Years Post-Merger
2021-04-30
$2.63
-6%
Current Price
2026-10-02
$1.40
-86%
Key Information
IPO Date
2017-10-27
PIPE
$7.5M
State of Incorporation
E9
SIC
6770
Completion Date
2019-04-30
Merger Target
Kaixin Auto Group
SPAC Ticker
CMSS
Merged Ticker
KXIN