SPAC · Merger completed
Trebia Acquisition Corp.
Business combination with System1, LLC and Protected.net Group Limited
Trebia Acquisition Corp. is a blank-check company (SPAC) that raised $450M in its initial public offering on Jun 18, 2020, listing on New York Stock Exchange. It completed its business combination with System1, LLC and Protected.net Group Limited on Jan 27, 2022; the combined company is System1, Inc. (SST). Payments Solutions led the IPO, with Trasimene Capital. Weil, Gotshal & Manges advised the SPAC and Davis Polk advised the underwriters on the IPO.
System1 operates a Responsive Acquisition Marketing Platform, called RAMP, which combines technology and data science for customer acquisition marketing. It is the target of a proposed business combination with a special purpose acquisition company.
- Status
- Merger completed
- IPO date
- Jun 18, 2020
- IPO size
- $450M
- IPO exchange
- New York Stock Exchange
- Target
- System1, LLC and Protected.net Group Limited
- Announced
- Jun 29, 2021
- Closed
- Jan 27, 2022
- Combined company
- System1, Inc. (SST)
- IPO underwriters
- Payments Solutions and Trasimene Capital
- SPAC counsel (IPO)
- Weil, Gotshal & Manges and Maples and Calder
- Underwriters' counsel (IPO)
- Davis Polk
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) Jun 18, 2020
- Deal announcement (8-K) Jun 29, 2021
- Press release
- All filings on EDGAR CIK 1805833
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