Registration Statement (S-1)

0001213900-19-016623 — Filed 2019-08-23

Form type: S-1

Filing date: 2019-08-23

Accepted: 2019-08-23 21:22 UTC

Description: REGISTRATION STATEMENT

Document: fs12019_newprovidence.htm

Format: html

Size: 2603.2 KB

Download status: downloaded

AI Summary

New Providence Acquisition Corp. raised $200 million through a blank check company IPO in August 2019, planning to identify and acquire a target business in the consumer sector within 18 months using a management team with extensive private equity and beverage industry experience. The company will deposit $200 million in a trust account, provide public shareholders redemption rights at $10 per share if no business combination is completed within 18 months, and the sponsor purchased 5.5 million private placement warrants at $1 per warrant exercisable at $11.50 per share.

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