8i Enterprises Acquisition Corp.

Completed 2020-09-30
  • CIK 1753648
  • JFK
  • IPO 2019-03-29
  • $59.2M trust
  • 140 filings

Successfully merged with Diginex Limited

IPO Size
$50M
raised at the IPO
Trust
$59.2M
as of 2020-07-31
Current Status
Completed
from its latest filing
IPO Year
2019
year it listed

Filings, by quarter

140 filings over 10 quarters; violet bars carry a milestone

  1. 18 Q4: 4 filings
  2. 19 Q1: 13 filings
  3. 19 Q2: 10 filings
  4. 19 Q3: 7 filings
  5. 19 Q4: 11 filings
  6. 20 Q1: 44 filings
  7. 20 Q2: 22 filings
  8. 20 Q3: 27 filings
  9. 20 Q4: 1 filing
  10. 21 Q1: 1 filing
  • S-1 filed 18 Q4
  • IPO 19 Q1
  • Definitive agreement 19 Q3
  • Completed 20 Q3

SPAC Overview

Where it stands on the road from S-1 to merger

Timeline Progress

About

8i Enterprises Acquisition Corp. is a blank-check company seeking to complete a business combination with one or more businesses, with a stated geographic focus on targets in Asia. It initially seeks companies with revenue or net-profit growth exceeding 25% per year over the prior two years, preferably cash-generative and with enterprise values of $100 million to $500 million.

Geographic Focus

Asia

Key Information

As the filings state it

IPO Date
2019-03-29
Total Redemptions
$35.3M
PIPE
$15M
SIC
6770
Completion Date
2020-09-30
Merger Target
Diginex Limited
SPAC Ticker
JFK

SPAC Team

The banks on its IPO, and the team as the filings describe it

Underwriters

Extended Team Information

Chairman and CEO James Tan has over 20 years of experience building and managing companies, executing M&A in Asia, and public-company leadership. CFO William Yap has over 20 years sourcing and evaluating investment targets in Asia. The directors bring experience in operations, finance, restructuring, public listings, and medical technology.

External Resources