What Happened to Alta Equipment Group?
Ticker: ALTGSPAC Year: 2019Merger: 2020
Return
-44.6%
Current Price
$5.54
Peak Price
$20.6
Trust Size
$1.3B
Summary
Alta Equipment Group Inc. filed its S-1 registration in 2019 and completed its business combination in 2020. The company remains actively traded with 490 SEC filings on record.
What Happened
Alta Equipment Group Inc. entered the SPAC market in 2019 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2020.
SEC records show 490 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2019-03-26
S-1 Registration Filed
2020-01-23
Merger Proxy Filed (DEFM14A)