Software Acquisition Group Inc.
Completed 2020-10-14- CIK 1776909
- SAQN
- Now CURI
- IPO 2019-11-21
- 623 filings
Successfully merged with CuriosityStream Operating Inc. • Now trading as CURI
- IPO Size
- $150M
- raised at the IPO
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2019
- year it listed
Filings, by quarter
623 filings over 29 quarters; violet bars carry a milestone
- 19 Q3: 1 filing
- 19 Q4: 19 filings
- 20 Q1: 6 filings
- 20 Q2: 1 filing
- 20 Q3: 14 filings
- 20 Q4: 67 filings
- 21 Q1: 40 filings
- 21 Q2: 24 filings
- 21 Q3: 8 filings
- 21 Q4: 17 filings
- 22 Q1: 22 filings
- 22 Q2: 35 filings
- 22 Q3: 7 filings
- 22 Q4: 11 filings
- 23 Q1: 17 filings
- 23 Q2: 19 filings
- 23 Q3: 31 filings
- 23 Q4: 12 filings
- 24 Q1: 22 filings
- 24 Q2: 52 filings
- 24 Q3: 32 filings
- 24 Q4: 13 filings
- 25 Q1: 16 filings
- 25 Q2: 31 filings
- 25 Q3: 31 filings
- 25 Q4: 28 filings
- 26 Q1: 19 filings
- 26 Q2: 13 filings
- 26 Q3: 15 filings
- S-1 filed 19 Q3
- IPO 19 Q4
- Definitive agreement 20 Q3
- Completed 20 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
A newly organized blank-check company seeking an initial business combination, with a stated focus on software companies, especially enterprise vertical sectors owned by private equity and venture capital firms and corporate carve-outs. The company expects to pursue lower middle-market software companies with enterprise values of approximately $300 million to $750 million.
Investment Focus
Software
Key Information
As the filings state it
- IPO Date
- 2019-11-21
- PIPE
- $25M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2020-10-14
- Merger Target
- CuriosityStream Operating Inc.
- SPAC Ticker
- SAQN
- Merged Ticker
- CURI
Stock Performance
CURITrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2020-01-08 | $9.94 | |
| At Merger | 2020-10-15 | $11.20 | +13% |
| 6 Months Post-Merger | 2021-04-16 | $13.30 | +19% |
| 1 Year Post-Merger | 2021-10-15 | $10.70 | -4% |
| 2 Years Post-Merger | 2022-10-17 | $1.34 | -88% |
| Current Price | 2026-10-14 | $2.72 | -73% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team brings experience operating, acquiring, growing, turning around and monetizing software and technology companies, as well as private equity investing and corporate carve-outs. Jonathan Huberman and Mike Nikzad have led operational turnarounds and exits, while Andrew Nikou contributes private-equity acquisition and operating experience.