SPAC Overview
$414M
IPO Size
$415M
Trust (as of 2022-06-30)
Failed
Current Status
2020
IPO Year
Timeline Progress
About
Newly incorporated blank-check company formed to complete an initial business combination; it intends to target North American industrial companies providing technology-enabled solutions in industrial and industrial distribution markets.
Investment Focus
Industrial
Geographic Focus
North America
The terms and the filing trail behind Equity Distribution Acquisition Corp.
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
SPAC Team
Sponsors
Leadership
Samuel Zell
Chairman of the Board of Directors, Chief Executive Officer, Director Nominee
William Galvin
Chief Executive Officer, Chief Financial Officer, Director Nominee
Philip G. Tinkler
Chief Financial Officer, Secretary
Joseph Miron
Director Nominee, Secretary
Charles M. Swoboda
Director Nominee
Ellen Havdala
Director Nominee
Robert W. Grubbs
Director Nominee
William S. Simon
Director Nominee
Underwriters
Extended Team Information
Founded by Sam Zell and Bill Galvin, with extensive investment and industrial-company leadership experience. The broader team includes experienced finance, legal, industrial distribution, retail and technology executives and directors.
Key Information
IPO Date
September 17, 2020
State of Incorporation
DE
SIC
6770
Failed Date
August 25, 2022
SPAC Ticker
EQD