Embarc

ITHAX Acquisition Corp.

Merged
CIK: 1828852•Ticker: ITHX•Merged Ticker: MOND
Successfully merged with Mondee Holdings II, Inc. • Now trading as MOND

SPAC Overview

$242M
IPO Size
$242M
Trust (as of 2022-06-30)
Completed
Current Status
2021
IPO Year

Timeline Progress

About

ITHAX Acquisition Corp. is a blank-check company formed to complete a business combination with an unidentified business. It intends to focus on businesses in the leisure, hospitality, travel, and related services sectors, with an enterprise value above $600 million and positioning in the United States and selected international markets.

Investment Focus

Leisure, Hospitality, Travel

Geographic Focus

United States, Latin America, Caribbean, Europe

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

Sponsors

ITHAX Acquisition Sponsor

Leadership

Orestes Fintiklis
Chief Corporate Strategy and Business Development Officer, Chief Executive Officer, Director, Director Nominee, Former Chief Executive Officer, Vice-Chairman
Prasad Gundumogula
Chairman of the Board of Directors, Chief Executive Officer, Founder
Dan Joseph Figenshu
Chief Financial Officer
Dimitrios Athanasopoulos
Chief Financial Officer, Director, Treasurer
Jesus Portillo
Chief Financial Officer
James Dullum
Chief Operating Officer
Meredith Waters
General Counsel
Venkat Pasupuleti
Chief Technology Officer
Asi Ginio
Director
Mona Aboelnaga Kanaan
Director
Noor Sweid
Director
Pradeep Udhas
Director
Roopa Purushothaman
Director
Carlos N. Guimaraes
Director Nominee
George Sylantavos
Director Nominee
Rahul Vir
Director Nominee
Abdul Mateen
Beneficial owner
Abdul Mateen Mohammed
Beneficial owner
Acharyulu Peesapati
Beneficial owner
Adam Meron
Beneficial owner
Adriana Equihua
Beneficial owner
Alexandros Argyros
Beneficial owner
Alma Ortiz
Beneficial owner
Daniel Ostersehlte
Beneficial owner
Evgenia Tzannini
Beneficial owner
George Chryssikos
Beneficial owner
Kent Karpawich
Beneficial owner
Konstantinos Karamanis
Beneficial owner
Nigel Kneafsey
Beneficial owner
Ryan Hetherington
Beneficial owner
Vajid Jafri
Beneficial owner
Alex Argyros
Antonios Achilleoudis
George Faros
Guimarães
Madhuri Pasam

Underwriters

Cantor Fitzgerald

Extended Team Information

The team combines experience in hospitality and real estate investments, asset management and operations, and transaction, finance, and investment advisory work. It includes leaders with hotel and resort investment and operating experience, investment banking backgrounds, and prior SPAC experience.

Key Information

IPO Date
February 1, 2021
Total Redemptions
$234M
PIPE
$70M
SIC
6770
Completion Date
July 18, 2022
Merger Target
Mondee Holdings II, Inc.
SPAC Ticker
ITHX
Merged Ticker
MOND

External Resources

SEC Filings
View Detailed Analysis