Ticker LaunchSPAC · Merger completed
Modern Media Acquisition Corp.
Business combination with Akazoo Limited
Modern Media Acquisition Corp. is a blank-check company (SPAC) that raised $180M in its initial public offering on May 15, 2017. It completed its business combination with Akazoo Limited on Sep 11, 2019; the combined company is Akazoo S.A.. Macquarie led the IPO.
Akazoo Limited, founded in 2010, is a UK-based on-demand music streaming subscription company focused on emerging markets. Its Premium service offers online and offline streaming of over 45 million songs without ads, plus an AI-driven music recommendation engine.
- Status
- Merger completed
- IPO date
- May 15, 2017
- IPO size
- $180M
- Target
- Akazoo Limited
- Announced
- Jan 24, 2019
- Closed
- Sep 11, 2019
- Combined company
- Akazoo S.A.
- IPO underwriters
- Macquarie
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
- 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) May 15, 2017
- Deal announcement (8-K) Jan 24, 2019
- Press release
- All filings on EDGAR CIK 1695098
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