Roth CH Acquisition I Co. Files for a $75M SPAC
by Kristi Marvin on 2020-03-03 at 3:36pm

Roth CH Acquisition I Co. (ROCHU), filed for a $75 SPAC IPO this morning, marking the fifth SPAC to file within the past three days proving that the SPAC pipeline is still healthy, even if everything else is catching Corona fever. In fact, it’s pretty remarkable considering that despite the current market volatility, SPACs have managed to file for an additional $1.325 billion in new issuance since Friday.

Nonetheless, Roth CH intends to focus on companies in a broad range of sectors including healthcare, wellness, consumer and technology. Additionally Roth CH will be led by Byron Roth, as Chairman and Chief Executive Officer, and he is currently Chairman and CEO of Roth Capital Partners, LLC, a privately-owned investment banking firm headquartered in Newport Beach, California. Mr. Roth will be joined by Rick Hartfiel, as Co-President, along with Aaron Gurewitz, as the other Co-President.  Mr. Hartfiel has been the Head of Investment Banking at Craig-Hallum (the “CH” in Roth CH Acquisition I Co.) since 2005, while Mr. Gureweitz has been Head of Equity Capital Markets at Roth since January 2001.

Additionally, since both Roth Capital and Craig-Hallum are functioning as underwriters on this transaction, in addition to having team members currently working at their respective firms, BTIG has been brought in as the Qualified Independent Underwriter (QIU) to remove any conflicts of interest.

Looking at this SPAC’s structure, it is a 21 months (+ 3 months for $0.10 per share to trust), 100% in trust, $75 million SPAC, with a 1/2 warrant included in its unit.  However, Roth CH’s warrant is going with the $16.50 warrant call trigger, which is common among the smaller-sized SPACs.

Look for this SPAC (along with all the other SPACs on file to IPO) to be motivated to price very quickly.  We’re in uncertain times so teams won’t want to wait too long.

Summary of terms below:

Roth ch summary of terms v1

 

Roth CH Acquisition I Co. Files for a $75M SPAC
Recent Posts
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...

by Nicholas Alan Clayton on 2025-07-07 at 8:22am

At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved