S-1/A

0001213900-19-017309 — Filed 2019-09-06

Form type: S-1/A

Filing date: 2019-09-06

Accepted: 2019-09-06 02:01 UTC

Description: AMENDMENT NO. 1 TO FORM S-1

Document: fs12019a1_newprovidence.htm

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Size: 2611.3 KB

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AI Summary

New Providence Acquisition Corp., a blank check company, raised $200 million in an IPO of 20 million units at $10 per unit, with each unit consisting of one Class A share and half a warrant exercisable at $11.50 per share. The company, led by experienced consumer sector executives Alexander Coleman, Gary P. Smith, and James Bradley, intends to identify and acquire an undervalued business in the consumer industry within 18 months, with $200 million held in trust and available for redemption by public shareholders if no deal is completed by the deadline.

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