ACKRELL SPAC Partners I Co.

CIK: 1790121•Ticker: ACKIT

SPAC Overview

$138M
IPO Size
$61.4K
Trust (as of 2022-06-30)
Failed
Current Status
2020
IPO Year

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

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

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.

Key Information

IPO Date
December 22, 2020
Total Redemptions
$89.1M
State of Incorporation
DE
SIC
6770
Failed Date
August 31, 2022
SPAC Ticker
ACKIT