- SPACs
- 8i Enterprises Acquisition Corp.
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
- 18 Q4: 4 filings
- 19 Q1: 13 filings
- 19 Q2: 10 filings
- 19 Q3: 7 filings
- 19 Q4: 11 filings
- 20 Q1: 44 filings
- 20 Q2: 22 filings
- 20 Q3: 27 filings
- 20 Q4: 1 filing
- 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
- Registration2018-10-01 Filed S1
- IPO2019-03-29 IPO, search begins
- Definitive Agreement2019-07-09 Agreement for merger
- Completed2020-09-30 Merger Completed
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.