DD3 Acquisition Corp.

Merged
CIK: 1748252•Ticker: DDMX•Merged Ticker: BWMX
Successfully merged with Betterware de México, S.A. de C.V. (Betterware) • Now trading as BWMX

SPAC Overview

$50M
IPO Size
$57.1M
Trust (as of 2019-12-31)
Completed
Current Status
2018
IPO Year

Timeline Progress

About

DD3 Acquisition Corp. is a blank-check company seeking an initial business combination; its search is geographically focused on businesses located in Mexico and Hispanic businesses located in the United States, without an industry limitation.

Geographic Focus

Mexico, United States

Embarc dashboard

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
Open in the dashboard

SPAC Team

Extended Team Information

The team is led by Dr. Martín M. Werner and Jorge Combe, whose careers include senior roles at Goldman Sachs and extensive Latin American investment banking and M&A experience. The management platform includes DD3 Capital Partners, and the board brings experience across financial services, government, real estate, energy and other industries.

Stock Performance

BWMX
Trading Symbol
First Trade
January 3, 2019
$9.80
At Merger
March 19, 2020
$8.50
-13%
6 Months Post-Merger
September 18, 2020
$19.59
+130%
1 Year Post-Merger
March 18, 2021
$38.03
+347%
2 Years Post-Merger
March 22, 2022
$19.92
+134%
Current Price
October 1, 2026
$16.40
+67%

Key Information

IPO Date
October 12, 2018
State of Incorporation
D8
SIC
6770
Completion Date
March 16, 2020
Merger Target
Betterware de México, S.A. de C.V. (Betterware)
SPAC Ticker
DDMX
Merged Ticker
BWMX