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
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
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.