Big Rock Partners Files Proxy for Extension #4
by Kristi Marvin on 2020-02-27 at 6:07pm

Big Rock Partners Acquisition Corp. (BRPA), filed a preliminary proxy statement this evening to extend their current deadline from March 23, 2020 to an as-yet-to-be-determined date.  However, this will be BRPA’s fourth extension vote since their IPO on November of 2017.

BRPA was initially given twelve months to complete a business combination, but has previously extended twice for three months for $0.10 per share to trust (each time).  The most recent extension (the third extension) BRPA contributed $0.02 per public share per month for each public share that was not redeemed at its extension vote.  It remains to be seen what the contribution will be per share for their fourth extension vote since that information is currently left blank in the proxy. However, the good news is, BRPA has left a space for it.

The record date for the extension vote is set as March 3, 2020 and the vote date will be March 23rd. Look for a subsequent amended preliminary proxy or definitive proxy shortly with the currently missing information provided.

 

 

Big Rock Partners Files Proxy for Extension #4
Recent Posts
by Nicholas Alan Clayton on 2025-07-08 at 8:11pm

Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...

by Nicholas Alan Clayton on 2025-07-08 at 12:36pm

M3-Brigade V (NASDAQ:MBAV) has entered into a definitive agreement to combine with crypto treasury firm ReserveOne, assembling about $1 billion in equity funding. ReserveOne is setting up a diversified Bitcoin and digital asset treasury with a portion of its investments going towards blockchain infrastructure and venture raises. The combined company is expected to trade on...

by Nicholas Alan Clayton on 2025-07-08 at 8:18am

At the SPAC of Dawn As the SPAC market has warmed in 2025, only 21 of the 70 SPACs (30%) that have IPO’d thus far have overfunded their trusts to draw in investors and none of these funded to more than 101%. By contrast, 87% of 2023 SPACs were overfunded – some to as high...

by Nicholas Alan Clayton on 2025-07-07 at 9:05am

Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...

by Nicholas Alan Clayton on 2025-07-07 at 8:50am

Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved