Search Results
new providence
13 posts
New Providence II Moves Deadline Back 6 Months Amid Heavy Redemptions
New Providence II last week announced that it signed a non-binding letter of intent for a potential business combination with a company in the consumer sector.
New Providence II Signs LOI for Potential Acquisition, Postpones Extension Vote
The SPAC has scheduled a meeting today for shareholders to vote on an extension proposal that would push its deadline to Nov. 9. The current termination date is Thursday.
New Providence Acquisition II Pursues Second Extension Amendment to Charter
New Providence II originally raised $225 million in a November 2021 IPO to target companies in the consumer sector.
New Providence Acquisition II Secures Non-Redemption Agreement Ahead of Extension Vote
Consumer-focused New Providence II wants to push its deadline from May 9 to May 2024.
New Providence Acquisition II Prices Upsized $225M IPO
The SPAC will target a business in the consumer industry.
New Providence Stockholders Approve $462M AST & Science Merger
The combined company will have an implied pro forma enterprise value of approximately $1.4 billion.
New Providence Acquisition Sets Shareholder Vote on AST SpaceMobile Merger
The combined company will have an implied pro forma enterprise value of approximately $1.4 billion and is expected to have an equity value of $1.8 billion at closing.
New Providence Acquisition III Files for $300M IPO
The SPAC will target a business in the consumer industry, including companies that may have been in discussions with the sponsor’s NPA I and NPA II.
New Providence Acquisition II Files for $200M IPO
The SPAC will target a business in the consumer industry, including companies that may have been in discussions with the sponsor's NPA I and NPA III.
New Providence Files Q&A with CEO of Merger Partner AST SpaceMobile
AST is building the first space-based cellular broadband network accessible directly by standard mobile phones.