Opes Acquisition Corp.
Completed 2020-12-16- CIK 1723580
- OPES
- Now BFI
- IPO 2018-03-13
- $48.4M trust
- 601 filings
Successfully merged with BurgerFi International, LLC • Now trading as BFI
- IPO Size
- $115M
- raised at the IPO
- Trust
- $48.4M
- as of 2020-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2018
- year it listed
Filings, by quarter
601 filings over 30 quarters; violet bars carry a milestone
- 17 Q4: 4 filings
- 18 Q1: 21 filings
- 18 Q2: 2 filings
- 18 Q3: 1 filing
- 18 Q4: 3 filings
- 19 Q1: 9 filings
- 19 Q2: 2 filings
- 19 Q3: 8 filings
- 19 Q4: 12 filings
- 20 Q1: 12 filings
- 20 Q2: 11 filings
- 20 Q3: 25 filings
- 20 Q4: 41 filings
- 21 Q1: 12 filings
- 21 Q2: 37 filings
- 21 Q3: 36 filings
- 21 Q4: 25 filings
- 22 Q1: 33 filings
- 22 Q2: 28 filings
- 22 Q3: 19 filings
- 22 Q4: 37 filings
- 23 Q1: 63 filings
- 23 Q2: 38 filings
- 23 Q3: 32 filings
- 23 Q4: 13 filings
- 24 Q1: 32 filings
- 24 Q2: 28 filings
- 24 Q3: 10 filings
- 24 Q4: 3 filings
- 25 Q1: 4 filings
- S-1 filed 17 Q4
- IPO 18 Q1
- Completed 20 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Opes Acquisition Corp. is a blank-check company formed to effect a business combination. It currently intends to acquire a business located in Mexico, while retaining flexibility to pursue opportunities elsewhere.
Investment Focus
Financial Services, Oil & Gas, Logistics, Consumer, Real Estate, Telecommunications, Media, Manufacturing, Industrial, Food & Beverage, Hospitality, Infrastructure
Geographic Focus
Mexico
Key Information
As the filings state it
- IPO Date
- 2018-03-13
- Total Redemptions
- $75M
- PIPE
- $30M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2020-12-16
- Merger Target
- BurgerFi International, LLC
- SPAC Ticker
- OPES
- Merged Ticker
- BFI
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The sponsor, Axis Capital Management, is a Mexico City-based private investment firm with substantial private equity, lending, greenfield investment and advisory experience. Its management team and the company's officers and directors bring investing, operating, financial and industry experience.