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Easterly Acquisition Corp (EACQ.OQ)

EACQ.OQ on NASDAQ Stock Exchange Capital Market

10.20USD
22 May 2018
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Latest Key Developments (Source: Significant Developments)

Easterly Acquisition Corp. And JH Capital Group Holdings Are In Discussions To Terminate Investment Agreement
Thursday, 10 May 2018 05:00pm EDT 

May 10 (Reuters) - Easterly Acquisition Corp ::EASTERLY ACQUISITION CORP. AND JH CAPITAL GROUP HOLDINGS, LLC ARE IN DISCUSSIONS TO MUTUALLY TERMINATE THE INVESTMENT AGREEMENT AND ABANDON THE PROPOSED BUSINESS COMBINATION.EASTERLY ACQUISITION - IF INVESTMENT AGREEMENT IS TERMINATED, COS WILL ABANDON BUSINESS COMBINATION TRANSACTION CONTEMPLATED BY INVESTMENT AGREEMENT.EASTERLY ACQUISITION - WILL EVALUATE IF IT WILL SEEK MORE TIME TO COMPLETE INITIAL BUSINESS COMBINATION OR IF IT WILL CEASE ALL OPERATIONS.EASTERLY ACQUISITION - IN EVENT OF CO'S LIQUIDATION, THERE WILL BE NO DISTRIBUTION WITH RESPECT TO ITS WARRANTS AND WARRANTS WILL EXPIRE WORTHLESS.  Full Article

Easterly Acquisition Extends Time To Complete Business Combination With JH Capital To June 30
Thursday, 29 Mar 2018 12:14pm EDT 

March 29 (Reuters) - Easterly Acquisition Corp ::EASTERLY ACQUISITION CORP. ANNOUNCES EXTENSION OF TIME TO COMPLETE PREVIOUSLY ANNOUNCED BUSINESS COMBINATION WITH JH CAPITAL.EASTERLY ACQUISITION - STOCKHOLDERS VOTED TO EXTEND DEADLINE TO COMPLETE AN INITIAL BUSINESS COMBINATION WITH JH CAPITAL TO JUNE 30.  Full Article

Easterly Acquisition And JH Capital Announce $125 Mln Financing Led By Fortress
Thursday, 4 Jan 2018 05:30pm EST 

Jan 4 (Reuters) - Easterly Acquisition Corp ::EASTERLY ACQUISITION CORP AND JH CAPITAL ANNOUNCE $125 MILLION FINANCING LED BY FORTRESS.EASTERLY ACQUISITION CORP - ‍FINANCING WILL ENABLE JH CAPITAL TO PURCHASE $1 BILLION FACE VALUE OF CONSUMER DEBT RECEIVABLES BEGINNING IN Q1 OF 2018​.EASTERLY ACQUISITION CORP - ‍JH CAPITAL NOW EXPECTS PURCHASES OF $75 MILLION DURING Q1 OF 2018 ALONE​.  Full Article

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

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

BRIEF-Easterly Acquisition Corp. And JH Capital Group Holdings Are In Discussions To Terminate Investment Agreement

* EASTERLY ACQUISITION CORP. AND JH CAPITAL GROUP HOLDINGS, LLC ARE IN DISCUSSIONS TO MUTUALLY TERMINATE THE INVESTMENT AGREEMENT AND ABANDON THE PROPOSED BUSINESS COMBINATION