|Bid||10.11 x 1200|
|Ask||10.13 x 40700|
|Day's Range||10.11 - 10.13|
|52 Week Range||9.75 - 18,200.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 19, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.00|
NEW YORK & MCLEAN, Va.-- -- Third quarter revenue of $78.2 million is up 6% over last year Net Loss improves 35% year-over-year to $11.3 million Adjusted EBITDA of $16.8 million surges 28% vs. year ago KLD updates 2019 and 2020 forecast due to delayed merger closing with Pivotal . I'Pivotal Acquisition Corp , a special purpose acquisition corporation, announced 2019 third quarter results of KLDiscovery ...
NEW YORK & MCLEAN, Va.-- -- MGG Investment Group, LP agrees to provide $150 million backstop pursuant to previously announced forward purchase contract to provide greater deal certainty Company announces stockholder meeting date of December 12, 2019 for stockholders to approve KLD transaction Pivotal Acquisition Corp. a public investment vehicle, and KLDiscovery , a leading global provider of electronic ...
Pivotal Acquisition Corp today announced that it has entered into an amendment to the previously announced definitive agreement with KLDiscovery pursuant to which the outside date to consummate the proposed merger between the two parties was extended from October 31, 2019 to November 6, 2019.
Pivotal Acquisition Corp. CEO Jonathan Ledecky and KLDiscovery CEO Chris Weiler are Merging Companies By John Jannarone Anyone who follows daily news knows that civil lawsuits against corporations aren’t going away. And between emails, texts, and messaging across several devices, it’s clear that data is growing while getting harder to harness. The good news: A […]
In an interview with Jake Merl on Real Vision, IPO Edge Editor-in-Chief John Jannarone makes the case for investing in KLDiscovery, which is going public through a merger with Pivotal Acquisition Corp. (ticker: PVT). KLDiscovery is a dominant player in the field of data discovery, which is a central part of civil lawsuits in the […]
Pivotal Acquisition Corp. (PVT) (“Pivotal”), a public investment vehicle, and KLDiscovery (“KLD” or the “Company”), a global provider of electronic discovery and information governance services to Fortune 500 companies and top law firms, today announced that they have entered into a definitive agreement in which KLD and Pivotal will merge. As a result of the transaction, valued at approximately $800 million in enterprise value, KLD will become a publicly listed company. KLD provides software and services that help protect corporations from a range of information governance, compliance and data issues.
Pivotal Acquisition Corp. (NYSE: PVT.U) (the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will commence trading today on the NYSE under the symbol “PVT.U”. Each unit consists of one share of the Company’s Class A common stock, $0.0001 par value per share (“Class A Common Stock”) and one redeemable warrant (“Warrant”) with each Warrant entitling the holder to purchase one share of Class A Common Stock at a price of $11.50 per share.