Current Report (8-K)

0001213900-19-018459 — Filed 2019-09-19

Form type: 8-K

Filing date: 2019-09-19

Report date: 2019-09-13

Accepted: 2019-09-19 21:15 UTC

Items: 8.01,9.01

Description: CURRENT REPORT

Document: f8k091319_newprovidenceacqu.htm

Format: html

Size: 22.2 KB

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AI Summary

New Providence Acquisition Corp. completed its initial public offering on September 13, 2019, raising $200 million from the sale of 20 million units at $10 per unit, plus an additional $30 million from the underwriters' exercise of their over-allotment option on September 19, 2019, bringing total proceeds to $230 million held in trust for a future business combination. The company is a special purpose acquisition vehicle with 18 months to complete an initial business combination, after which public stockholders can redeem their shares if no deal is reached.

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