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Capitol Acquisition Corp III (CLACU.OQ)

CLACU.OQ on NASDAQ Stock Exchange Capital Market

11.00USD
23 Mar 2017
Change (% chg)

$0.14 (+1.29%)
Prev Close
$10.86
Open
$10.87
Day's High
$11.00
Day's Low
$10.87
Volume
4,445
Avg. Vol
6,605
52-wk High
$11.00
52-wk Low
$9.80

Latest Key Developments (Source: Significant Developments)

Capitol Acquisition to combine with Cision
Monday, 20 Mar 2017 07:01am EDT 

Capitol Acquisition Corp III : Capitol Acquisition Corp III to combine with Cision . Capitol Acquisition Corp III - Cision will become a publicly listed company with an anticipated initial enterprise value of approximately $2.4 billion . Capitol Acquisition Corp III - net cash proceeds from this transaction are expected to be used to pay down Cision's existing second lien debt . Capitol Acquisition Corp III - boards of directors of both capitol and Cision have unanimously approved proposed transaction . Capitol Acquisition-at deal closing, current Cision shareholders & current stockholders of capitol will hold about 68% and 32%, respectively of new co . Capitol Acquisition Corp III - Cision's management team, led by CEO Kevin Akeroyd and CFO Jack Pearlstein, will continue to run combined co post-transaction . Capitol Acquisition Corp III - Capitol chairman and CEO, Mark Ein, will join combined company's board of directors and serve as vice chairman .Capitol Acquisition Corp III - Capitol's president and CFO, Dyson Dryden, will also join board.  Full Article

Capitol Acquisition Corp III completes $325 million initial public offering
Tuesday, 20 Oct 2015 09:07am EDT 

Capitol Acquisition Corp III:Has completed its initial public offering of 32,500,000 units , including 2,500,000 units subject to the underwriters' over-allotment option, with the offering raising aggregate gross proceeds of $325,000,000.Each unit consists of one share of common stock and one half of one warrant, each whole warrant to purchase one share of common stock at a price of $11.50.  Full Article

Capitol Acquisition Corp III Prices $300 Million Initial Public Offering
Tuesday, 13 Oct 2015 10:37pm EDT 

Capitol Acquisition Corp III:Priced its initial public offering of 30,000,000 units at $10.00 per unit for aggregate gross proceeds of $300,000,000.Each unit consists of one share of common stock and one half of one warrant, each whole warrant to purchase one share of common stock at a price of $11.50.The underwriters have been granted a 30-day option to purchase up to an additional 4,500,000 units offered by the company to cover over-allotments, if any.The units are expected to begin trading on the NASDAQ on Oct. 14 under the symbol CLACU.The offering is expected to close on Oct. 19.Citigroup, Deutsche Bank Securities and Credit Suisse are acting as joint book-running managers of the offering.  Full Article

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