Ticker LaunchSPAC · Merger completed
CM Seven Star Acquisition Corp
Business combination with Kaixin Auto Group
CM Seven Star Acquisition Corp is a blank-check company (SPAC) that raised $180M in its initial public offering on Oct 27, 2017, listing on Nasdaq Capital Market. It completed its business combination with Kaixin Auto Group on Apr 30, 2019; the combined company is Kaixin Auto Holdings. Loeb & Loeb advised the SPAC and Graubard Miller advised the underwriters on the IPO.
Kaixin Auto Group, founded in 2015 by its corporate parent Renren Inc. as a venture into China's used car financing market, operates a premium used car dealership business in China.
- Status
- Merger completed
- IPO date
- Oct 27, 2017
- IPO size
- $180M
- IPO exchange
- Nasdaq Capital Market
- Target
- Kaixin Auto Group
- Announced
- Jan 25, 2019
- Closed
- Apr 30, 2019
- Combined company
- Kaixin Auto Holdings
- SPAC counsel (IPO)
- Loeb & Loeb and Maples and Calder
- Underwriters' counsel (IPO)
- Graubard Miller
More on this SPAC for subscribers
- Trust balance and value per share
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
Then $99/month or $999/year. Cancel anytime.
Filings
- IPO prospectus (424B4) Oct 27, 2017
- Deal announcement (8-K) Jan 25, 2019
- Press release
- All filings on EDGAR CIK 1713539
Other deSPACs that closed in 2019
- Ranpak Holdings Corp.via One Madison Corp · closed Jun 3, 2019
- Xynomic Pharmaceuticals Holdings, Inc.via Bison Capital Acquisition Corp. · closed May 15, 2019
- Clarivate Plcvia Churchill Capital Corp · closed May 13, 2019
- NCF Wealth Holdings Limitedvia Hunter Maritime Acquisition Corp. · closed Mar 21, 2019
- OneSpaWorld Holdings Limitedvia Haymaker Acquisition Corp. · closed Mar 19, 2019
- Target Hospitality Corp.via Platinum Eagle Acquisition Corp. · closed Mar 15, 2019