Big Rock Partners Acquisition Corp Releases Shareholder Vote Info
by Kristi Marvin on 2019-05-22 at 6:24pm

This afternoon, Big Rock Partners Acquisition Corp. (BRPA), released the details of their shareholder vote to approve their extension deadline to August 22, 2019, from May 22, 2019.  Big Rock has extended twice now, for $0.10 for each 3-month extension, however, this time around they will be extending for $0.02 per month for the next three months, or an aggregate of $95,604.50 each month.

Per the 8-K, holders of 2,119,772 shares of the Company’s common stock exercised their right to convert their shares into cash at a conversion price of approximately $10.43 per share, for an aggregate conversion amount of $22,099,233.09.  That means there is approximately $42,627,476 left in trust, but the additional $95,604.50 was also added to the trust as of today.

Big Rock now has an extra three months to announce a deal and close, but three months is tight so unless they announce something ASAP, another extension is most likely in their future.

You can review the results of all the vote proposals HERE.

 

Proposal to approve the business combination:
FORAGAINSTABSTAINBroker Non-Votes
6,196,187272,27300

 

 

Big Rock Partners Acquisition Corp Releases Shareholder Vote Info
Recent Posts
by Kristi Marvin on 2025-07-12 at 10:02am

Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...

by Nicholas Alan Clayton on 2025-07-11 at 8:24am

At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...

by Kristi Marvin on 2025-07-10 at 8:31am

A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...

by Nicholas Alan Clayton on 2025-07-10 at 8:27am

At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...

by Nicholas Alan Clayton on 2025-07-09 at 12:57pm

Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved