SPAC · Merger completed
Schultze Special Purpose Acquisition Corp.
Business combination with Clever Leaves Holdings Inc.
Schultze Special Purpose Acquisition Corp. is a blank-check company (SPAC) that raised $130M in its initial public offering on Dec 12, 2018, listing on Nasdaq Capital Market. It completed its business combination with Clever Leaves Holdings Inc. on Dec 18, 2020; the combined company is Clever Leaves Holdings Inc. (CLVR). Algoma Steel led the IPO, with Chrysler and Fabrikant. Greenberg Traurig advised the SPAC and Graubard Miller advised the underwriters on the IPO.
- Status
- Merger completed
- IPO date
- Dec 12, 2018
- IPO size
- $130M
- IPO exchange
- Nasdaq Capital Market
- Target
- Clever Leaves Holdings Inc.
- Announced
- Jul 29, 2020
- Closed
- Dec 18, 2020
- Combined company
- Clever Leaves Holdings Inc. (CLVR)
- IPO underwriters
- Algoma Steel, Chrysler, Fabrikant, Imperial Sugar Company, International Coal, Tropicana Entertainment, Washington, Evercore ISI and Executive Chairman of Hylan
- SPAC counsel (IPO)
- Greenberg Traurig
- Underwriters' counsel (IPO)
- Graubard Miller
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) Dec 12, 2018
- Deal announcement (8-K) Jul 29, 2020
- All filings on EDGAR CIK 1754824
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