- SPACs
- ACKRELL SPAC Partners I Co.
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
- 19 Q4: 5 filings
- 20 Q1: 2 filings
- 20 Q2: 0 filings
- 20 Q3: 1 filing
- 20 Q4: 21 filings
- 21 Q1: 4 filings
- 21 Q2: 2 filings
- 21 Q3: 2 filings
- 21 Q4: 7 filings
- 22 Q1: 15 filings
- 22 Q2: 19 filings
- 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
- Registration2019-10-17 Filed S1
- IPO2020-12-22 IPO, search begins
- Definitive AgreementNo merger agreement yet
- Failed2022-08-27 Failed
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.