Edgar CIK 0001546383
They're early, but so is W.L. Ross & Co.
The difference is, Wilbur has a lot more money.
Aquasition Corp. is a newly-organized blank check company formed on January 26, 2012, pursuant to the laws of the Republic of the Marshall Islands for the purpose of acquiring through a merger, capital stock exchange, asset acquisition, stock purchase, or similar acquisition transaction, one or more operating businesses or assets. Although our Amended and Restated Articles of Incorporation and by-laws do not limit us to a particular geographic region or industry, we intend to focus on operating businesses and assets in the international maritime transportation, offshore and related maritime services industries, especially those requiring energy, commodity, transportation or logistics expertise. To date, our efforts have been limited to organizational activities and financing activities. We do not have any specific acquisition transaction under consideration or contemplation, and we have not, nor has anyone on our behalf, contacted any prospective acquisition target or holder of assets, or had any discussions, formal or otherwise, with respect to such a transaction. We have not, in any capacity (nor has any of our agents or affiliates) been approached by, any candidates (or representative of any candidates), with respect to a possible acquisition transaction with our company....
They have 18 months to get a deal done so maybe the timing is better than I give them credit
for in the first paragraph.
Here's the Preliminary Prospectus on Form F-1
From Lloyd's List:
...Leonidas Polemis, 43, will serve as non-executive chairman and, together with sister Anna Polemis, is among the shareholders of Aqua Investments which currently owns 100% of the company and, it is anticipated, will hold a 20% stake after the offering.
Other shareholders include Matthew Los, Aquasition’s chief executive, Stergios Sougioultzoglou, the company’s chief financial officer, and directors Nicholas John Frangos and Themistoklis Kalapotharakos.
The business address for the new venture is given as that of London based Seacrest Shipping, headed by the Polemis siblings’ father Spyros Polemis, chairman of the International Chamber of Shipping....