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Easterly Acquisition Corp (EACQ.OQ)

EACQ.OQ on NASDAQ Stock Exchange Capital Market

10.10USD
12 Dec 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$10.10
Open
$10.05
Day's High
$10.10
Day's Low
$10.05
Volume
7,570
Avg. Vol
6,390
52-wk High
$10.10
52-wk Low
$9.45

Latest Key Developments (Source: Significant Developments)

Easterly Acquisition And JH Capital Provide Business And Transaction Updates To Investors
Friday, 8 Dec 2017 07:44am EST 

Dec 8 (Reuters) - Easterly Acquisition Corp ::EASTERLY ACQUISITION AND JH CAPITAL PROVIDE BUSINESS AND TRANSACTION UPDATES TO INVESTORS.‍JH CAPITAL'S ESTIMATE FOR 2018E ECONOMIC EARNINGS INCREASED BY ABOUT 12 PCT TO $56 MILLION SINCE JUNE 30, 2017 PROJECTIONS​.JH CAPITAL​ ‍NOW ANTICIPATES OUTPERFORMING ITS CAPITAL DEPLOYMENT ESTIMATE FOR 2018 BY $10 MILLION.JH CAPITAL NOW ANTICIPATES CAPITAL DEPLOYMENT ESTIMATE TO DEPLOY A TOTAL OF $219 MILLION FOR 2018.‍SCHEDULED SPECIAL MEETING OF STOCKHOLDERS ON DEC 14, TO EXTEND DATE BY WHICH CO TO CONSUMMATE BUSINESS COMBINATION TO MARCH 31, 2018​.JH CAPITAL NOW SEES NET LOSS OF $25 MILLION FOR 2017, NET LOSS OF $4 MILLION FOR 2018 AND NET INCOME OF $67 MILLION FOR 2019.  Full Article

‍Leucadia National reports 12.1 percent passive stake in Easterly Acquisition Corp ​
Friday, 8 Sep 2017 05:22pm EDT 

Sept 9 (Reuters) - Easterly Acquisition Corp :‍Leucadia National Corp reports 12.1 percent passive stake in Easterly Acquisition Corp as of Aug 31 - SEC filing​.  Full Article

‍GFIC II LLC reports 8 pct passive stake in Easterly Acquisition Corp as of July 26 - SEC FILING​
Friday, 4 Aug 2017 04:13pm EDT 

Aug 4 (Reuters) - Easterly Acquisition Corp :‍GFIC II LLC reports a 8.0 percent passive stake in Easterly Acquisition Corp as of July 26 - SEC filing​.  Full Article

Easterly Acquisition sees 2017 earnings per share of $0.06
Wednesday, 2 Aug 2017 08:00am EDT 

Aug 2 (Reuters) - Easterly Acquisition Corp ::Easterly Acquisition Corp announces extension of time to complete the initial business combination with JH Capital in the fourth quarter.Easterly Acquisition Corp sees 2017 earnings per share $0.06.Easterly Acquisition Corp sees 2018 earnings per share $1.35.Easterly Acquisition Corp sees 2019 earnings per share $2.39.Easterly Acquisition Corp - announced vote by stockholders to extend deadline to complete an initial business combination to December 15, 2017.  Full Article

JH Capital Group Holdings LLC to become public company through a combination with Easterly Acquisition Corp
Friday, 30 Jun 2017 08:00am EDT 

June 30 (Reuters) - Easterly Acquisition Corp :JH Capital Group Holdings, LLC to become public company through a combination with Easterly Acquisition Corp..Easterly Acquisition Corp - Entered into a definitive investment agreement, whereby easterly will acquire JH Capital and be renamed JH Capital Group Holdings, Inc.​.Says transaction has been unanimously approved by board of directors of easterly and JH Capital's equity holders.Easterly Acquisition Corp - ‍JH Capital's management team will remain with JH Capital Inc​.Easterly Acquisition - Current owners of JH Capital will retain substantial equity stake in JH Capital Inc.Easterly Acquisition Corp - ‍Once transaction is closed, JH Capital Inc. will be led by Norman Kravetz as chairman, Douglas Jacobsen as CEO.Easterly Acquisition Corp - Current owners of JH Capital are not selling any of their shares as part of transaction.Easterly Acquisition Corp - ‍JH Capital's existing stockholders will roll all their existing equity into JH Capital Inc. and retain about 45.4% ownership​.Easterly - ‍$200 million contained in co's trust account will be used following closing by JH Capital to "grow business and to repay existing subordinated debt​".Easterly Acquisition Corp - ‍upon completion of transaction, JH Capital Inc. will trade on Nasdaq Stock Exchange under ticker symbol "JHCG."​.Easterly Acquisition Corp - ‍easterly will acquire a controlling equity interest in JH Capital​.  Full Article

Easterly Acquisition Corp. reports intent to adjourn special meeting of stockholders
Thursday, 22 Dec 2016 04:05pm EST 

Easterly Acquisition Corp : Easterly Acquisition Corp- Easterly intends to reconvene special meeting at 10:00 a.m., eastern time, on December 30, 2016 .Easterly Acquisition Corp. announces intent to adjourn special meeting of stockholders.  Full Article

Easterly Acquisition announces adjournment of special meeting of stockholders
Tuesday, 22 Nov 2016 04:05pm EST 

Easterly Acquisition Corp - : Easterly intends to reconvene special meeting at 10:00 a.m., eastern time, on December 9, 2016 .Easterly Acquisition Corp announces adjournment of special meeting of stockholders.  Full Article

Easterly Acquisition says on Nov 2 entered amendment no. 2 to agreement and plan of merger - SEC filing
Thursday, 3 Nov 2016 06:22pm EDT 

Easterly Acquisition Corp : Easterly Acquisition Corp- on Nov 3, 2016, company entered into amendment No. 2 to agreement and plan of merger, dated as of June 28, 2016- SEC filing . Easterly Acquisition- amendment to decrease amount of shares issuable to stockholders of Sungevity at closing of merger from 35 million to 25 million shares . Easterly Acquisition Corp- agreement amends fixed component of termination fee from $12 million to $8.57 million .Easterly Acquisition-amendment to extend date by which merger could be terminated by co or sungevity if not completed, from Nov 12, 2016 to Dec 30, 2016.  Full Article

Easterly Acquisition says Sungevity will pay co $12 mln if merger terminated - SEC filing
Wednesday, 29 Jun 2016 11:45am EDT 

Easterly Acquisition Corp :If merger deal terminated, Sungevity shall pay company a termination fee of lesser of $12 million - SEC filing.  Full Article

Easterly Acquisition Corp and Sungevity to merge
Wednesday, 29 Jun 2016 09:00am EDT 

Easterly Acquisition Corp : Sungevity's existing stockholders will roll over all of their existing equity into sungevity holdings . Sungevity's existing stockholders together with Sungevity's management, will retain 58.8 percent ownership of combined co . Sungevity's management team will remain with Sungevity holdings under leadership of current ceo andrew birch .Sungevity, inc. To become public company through merger agreement with easterly acquisition corp..  Full Article

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