ACKRELL SPAC Partners I Co.

Liquidated 2022-08-27
  • CIK 1790121
  • ACKIT
  • IPO 2020-12-22
  • $61.4K trust
  • 86 filings
IPO Size
$138M
raised at the IPO
Trust
$61.4K
as of 2022-06-30
Current Status
Failed
from its latest filing
IPO Year
2020
year it listed

Filings, by quarter

86 filings over 12 quarters; violet bars carry a milestone

  1. 19 Q4: 5 filings
  2. 20 Q1: 2 filings
  3. 20 Q2: 0 filings
  4. 20 Q3: 1 filing
  5. 20 Q4: 21 filings
  6. 21 Q1: 4 filings
  7. 21 Q2: 2 filings
  8. 21 Q3: 2 filings
  9. 21 Q4: 7 filings
  10. 22 Q1: 15 filings
  11. 22 Q2: 19 filings
  12. 22 Q3: 8 filings
  • S-1 filed 19 Q4
  • IPO 20 Q4
  • Liquidated 22 Q3

SPAC Overview

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

Timeline Progress

About

Ackrell SPAC Partners I Co. is a blank check company formed to complete a merger or other business combination with an operating business. It intends to focus on branded fast-moving consumer goods, especially alcoholic and non-alcoholic beverages and wellness products, including hemp-based branded consumer goods.

Investment Focus

Food & Beverage, Wellness

Geographic Focus

United States

Key Information

As the filings state it

IPO Date
2020-12-22
Total Redemptions
$89.1M
Jurisdiction of Incorporation
Delaware
SIC
6770
Failed Date
2022-08-27
SPAC Ticker
ACKIT

SPAC Team

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

Underwriters

Extended Team Information

The team has experience in branded FMCG, beverage, wellness and hemp products, investment banking, capital markets, mergers and acquisitions, and prior SPACs. Its leaders include Michael K. Ackrell of Ackrell Capital, Next Frontier Brands executives Shannon Soqui and Jason M. Roth, and Stephen N. Cannon and Long Long, who have prior SPAC experience.

External Resources