SPAC · Merger completed
East Stone Acquisition Corp
Business combination with ICONIQ Holding Limited
East Stone Acquisition Corp is a blank-check company (SPAC) that completed its initial public offering on Feb 21, 2020, listing on Nasdaq Capital Market. It completed its business combination with ICONIQ Holding Limited on Nov 11, 2022; the combined company is NWTN Inc. (NWTN). Ellenoff Grossman & Schole advised the SPAC and Schiff Hardin advised the underwriters on the IPO.
ICONIQ Holding Limited, referred to as NWTN, is a smart electric vehicle company with offices in Burlington, Massachusetts and Dubai. It agreed a business combination with East Stone Acquisition Corporation in April 2022.
- Status
- Merger completed
- IPO date
- Feb 21, 2020
- IPO exchange
- Nasdaq Capital Market
- Target
- ICONIQ Holding Limited
- Announced
- Apr 21, 2022
- Closed
- Nov 11, 2022
- Combined company
- NWTN Inc. (NWTN)
- SPAC counsel (IPO)
- Ellenoff Grossman & Schole and Ogier
- Underwriters' counsel (IPO)
- Schiff Hardin
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- 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.
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Filings
- IPO prospectus (424B4) Feb 21, 2020
- Deal announcement (8-K) Apr 21, 2022
- Press release
- All filings on EDGAR CIK 1760683
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