|Bid||0.00 x 900|
|Ask||0.00 x 1100|
|Day's Range||8.51 - 10.25|
|52 Week Range||5.95 - 11.94|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
I-AM Capital Acquisition Company (IAM) (the "Company"), announced today that holders of its common stock have approved the Company’s previously announced proposed business combination (the "business combination") with Smaaash Entertainment Private Limited (“Smaaash”) and related transactions, at the special meeting in lieu of the annual meeting of the Company’s stockholders held on November 9, 2018. The Company’s stockholders also approved each of the other proposals included in the Company’s definitive proxy statement filed by the Company with the Securities and Exchange Commission (the "SEC") on September 19, 2018, and as supplemented by the proxy statement supplement filed on November 5, 2018.
I-AM Capital Acquisition Company (IAM) ("the "Company"), announced today that the special meeting in lieu of an annual meeting of its stockholders that was scheduled for October 4, 2018 (the "special meeting"), has been postponed to a to-be-determined later date within the next 45 days because the Company requires additional time to market the transaction and take actions to reduce potential redemptions by its stockholders, including without limitation, entering into backstop arrangements with investors who will support the transaction. Once the new date for the special meeting is determined, a notice setting forth the exact date, time and location of the rescheduled special meeting will be mailed to stockholders of the Company. The Company, which was co-founded and is led by F. Jacob Cherian and Suhel Kanuga, is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
I-AM Capital Acquisition Company (IAM) ("I-AM Capital" or the "Company"), announced today that the special meeting in lieu of an annual meeting of its stockholders that was scheduled for September 7, 2018 (the “special meeting”), has been postponed to a to-be-determined later date because the Company’s recently filed Registration Statement on Form S-1 is still undergoing a customary review by the Securities and Exchange Commission (the “SEC”). Once the SEC has completed its review, a notice setting forth the exact date, time and location of the rescheduled special meeting will be mailed to stockholders of the Company. The Company raised $52.7 million in its IPO and will focus its efforts to identify a target business and will not be limited to a particular industry or geographic region, although it intends to focus its search on target businesses with a connection in India.
NEW YORK, Aug. 22, 2018-- I-AM Capital Acquisition Company, announced today that on August 21, 2018, the Company deposited into the Company’ s trust account, an aggregate of $303,610, representing $0.058 ...
I-AM Capital Acquisition Company (NASDAQ:IAM), a USD$25.63M small-cap, operates in the capital markets industry, which has been simplifying their business and operating models over the last few years, both forRead More...