Quinpario Partners LLC Announces Filing of Registration Statement for Proposed Initial Public Offering of Units of Quinpario Acquisition Corp. 2
ST. LOUIS, Missouri, September 26, 2014 /GlobeNewswire/ -- Quinpario Partners LLC, a privately owned investment and operating company founded by Mr. Jeffry N. Quinn, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of units of Quinpario Acquisition Corp. 2 (the “Company”). The Company expects to offer 35 million units, each unit consisting of one share of common stock and one warrant that entitles the holder thereof to purchase one-half of one share of common stock at a price of $5.75 per half share, at an offering price of U.S. $10.00 per unit.
Quinpario Acquisition Corp. 2 is a blank-check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination (the "Initial Business Combination") with one or more businesses or entities (the "Target Business"). The Company's efforts to identify a Target Business will not be limited to a particular industry or geographic region, although it intends to focus efforts on seeking an Initial Business Combination with a company or companies operating in or providing services to the specialty chemicals or performance materials industries. The Company intends to focus primarily on acquiring companies with an enterprise value between $700 million and $2 billion.
Deutsche Bank Securities Inc. and Cantor Fitzgerald & Co. are serving as joint bookrunners for the proposed offering. The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus related to the offering may be obtained for free by visiting the U.S. Securities and Exchange Commission website at http://www.sec.gov. Alternatively, a copy of the prospectus relating to the offering may be obtained from Deutsche Bank Securities Inc., Attn: Prospectus Department, 60 Wall Street, New York, New York 10005-2836, or at 1-800-503-4611 or firstname.lastname@example.org, and from Cantor Fitzgerald & Co. at 499 Park Avenue, New York, New York 10022.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Quinpario Acquisition Corp. 2
Quinpario Acquisition Corp. 2 was formed for the purpose of entering into the Initial Business Combination. Quinpario Acquisition Corp. 2 is sponsored by Quinpario Partners 2, LLC, which was formed for the express purpose of acting as the sponsor for Quinpario Acquisition Corp. 2. Quinpario Partners 2, LLC is an affiliate of Quinpario Partners LLC, an investment and operating company founded by Mr. Jeffry N. Quinn. For more information, please visit www.quinpario.com.
Melissa H. Zona