new providence spac

Aug 26, 2019 INTEL by Kristi Marvin Late Friday evening, we had a second IPO filing with New Providence Acquisition Corp., a $200 million consumer focused SPAC being led by Alex Coleman and Gary Smith. Our last SPAC writeup covered Silver Spike Acquisition Corp (NASDAQ: SSPK) which has the merger deadline on February 21, 2021. Spacious & bright 1st floor office space in free standing building on highly traveled street in New Providence. New Providence Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. But Pounce on the Lucid Motors Merger, Top SPAC Merger News This Week: Lucid Motors, EVgo, Joby Aviation and 7 More Hot SPACs, CCIV Stock: Comparing Lucid Motors to Tesla as ‘Merger Monday’ Hopes Soar, How the Internet Sent GameStop Stock Up 1,000% — And Where It’s Going Next. AST is merging with New Providence Acquisition Corp., a special purpose acquisition company, or SPAC, according to a statement Wednesday. … AST CEO Abel Avellan By Jarrett Banks AST SpaceMobile, which is developing a space-based cellular broadband network, is going public through a merger with New Providence Acquisition Corp., a SPAC. Photos of Haven New Providence Boutique Apartment Homes. AST & Science LLC (AST SpaceMobile), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, has entered into a business combination agreement with New Providence Acquisition Corp., a publicly traded special purpose acquisition company. The average size of office space availabilities is 3,030 square feet. New Providence is a borough on the northwestern edge of Union County, New Jersey, United States.It is located on the Passaic River, which forms the county boundary with Morris County bordering Chatham Township.As of the 2010 United States Census, the population was 12,171, reflecting an increase of 264 (+2.2%) from the 11,907 counted in the 2000 Census, which had … Alex Coleman will be leading as Chairman and Chief Executive Officer, while Gary Smith will be the co-Chief Executive Officer and Director. AST & Science LLC to Become Public Company Through Combination with New Providence Acquisition Corp. … Wired for phone and internet. NPA stock was up 12% as of Thursday morning. In September 2019, New Providence Acquisition Corp. Who will build these assets, when will they launch, and who will launch them? The company has secured the necessary funding to take. New Providence Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Now that investors are up to date, let’s take a dive into New Providence Acquisition and its upcoming SPAC merger with AST SpaceMobile. The combined company will be valued at $1.4 billion including debt and is expected to close soon as the first quarter of this year. And yet, despite its big numbers, SpaceMobile's plan seems painfully short of specifics. Stock Advisor launched in February of 2002. Find all the transport options for your trip from New York to New Providence right here. Reading Time: 2 minutes AST & Science LLC, the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, has announced that it has entered into a business combination agreement with New Providence Acquisition Corp., a publicly-traded special purpose acquisition company. Search Trending Posts. To keep its promises, just three short years after its IPO SpaceMobile has to go all the way from starting "phase one of the commercial launch of SpaceMobile's space assets" to generating cash and reporting profits -- which will be tough to do if assets won't even begin launching until a "few years" from now. The article Consumer SPAC New Providence Acquisition files for a $200 million IPO originally appeared on IPO investment manager Renaissance Capital's web … The company was founded in … It is for the purpose of effecting a … AST & Science LLC ("AST SpaceMobile"), the company building the first and only space-based cellular broadband network accessible directly by … Press J to jump to the feed. Stable Road Acquisition joins space names running higher as Ark Investment plans Space ETF Seeking Alpha Jan 14, 2021 10 of 2020's Most Fascinating SPAC Stocks InvestorPlace Jan 07, 2021 Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Edgar Filings. I wouldn't go quite that far. New Providence Acquisition Corp. operates as a blank check company. AST & Science LLC to Become Public Company Through Combination with New Providence Acquisition Corp. (NASDAQ: NPA, NPAUU and NPAWW) AST & Science LLC ("AST SpaceMobile") is building the first and only space-based cellular broadband network accessible directly by standard mobile phones ; AST SpaceMobile to become publicly listed through a business combination with New Providence … Midland, […] 21 properties available, complete with high-quality building photos, pricing, and broker contact information. The merged entity will list on the Nasdaq under the symbol “ASTS”, the company said. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. 23 million with over-allotment. A successful IPO could generate enough cash to keep a newly public SpaceMobile in business for years, even if it never makes a profit. View the following New Providence Office Space listings which have been recently Leased or taken Off-Market.You may broaden your search for historical New Providence Office Space by selecting the available options on the right. two years from now) or "approximately $1 billion" earnings before interest, taxes, depreciation, and amortization by 2024. Search New Providence, NJ commercial real estate for lease or rent by space availability, square footage or lease rate. New SPAC ETF: A new actively managed SPAC ETF was also launched with the SPAC and New Issues ETF (NYSE: SPCX) from Tuttle Tactical Management. The benefits of life at Haven New Providence extend well beyond your apartment home with community amenities that amp up your enjoyment of each day. 0. New Providence Acquisition raised $230 million from its initial public offering (IPO) back in 2019. Get real time news for NASDAQ companies quoted on the stock market, press releases, financial disclosures and multimedia content, for investment community, individual investors and the general public. New Providence’s securities are quoted on the Nasdaq stock exchange under the ticker symbols NPA, NPAUU and NPAWW. Read reviews and get directions to where you want to go. 0. A shareholder vote is expected in 2021, although a specific date is not cited in the preliminary proxy. The Company has not selected any business combination target and it has not, nor . The remaining $230 million is from private investment in public equity (PIPE). NPA Stock: 10 Things to Know About New Providence Acquisition and the AST SpaceMobile SPAC Merger InvestorPlace 5 days ago Nikola Stock Has Too Much Further to Go to Be Worth Your Money Now If you are looking for active New Providence Office Space listings, LoopNet has over nearly 800,000 current … Total. Well, according to S&P Global Market Intelligence, NPA is a company without "significant operations" of its own. BTIG. Targeting "five billion mobile subscribers" making up a "$1 trillion global mobile wireless services market," SpaceMobile is promising to provide "seamless broadband cellular connectivity directly to unmodified, existing mobile phones, without any need for specialized hardware" via satellites orbiting in space. New Providence Acquisition Corp. Cl A. RHEA-AI. Villanova was back on the court for just the second time since Dec. 23 due to multiple COVID-19 stoppages. The SPAC in a preliminary proxy filing today outlined terms of the $462 million deal. Space currently has 3 private offices, reception area, kitchenette, and private bathroom. New Providence Acquisition (NASDAQ:NPA) stock is soaring higher on Thursday as the special purpose acquisition company (SPAC) prepares for its merger with AST SpaceMobile. Personally, until I'm convinced there's a real product behind all the marketing hype, I'm going to stay very far away from this particular space IPO. Shares. A year later, 2020 brought rumors of an impending IPO by SpaceX's satellite internet subsidiary Starlink, and confirmed plans by the Stable Road (NASDAQ:SRAC) SPAC to bring space tug company Momentus public. Alyn Breed scored 18 points to pace Providence (8-7, 4-5). New Providence Acquisition and AST SpaceMobile are preparing to complete their SPAC merger in Q1 2021. Stable Road Acquisition joins space names running higher as Ark Investment plans Space ETF Seeking Alpha Jan 14, 2021 10 of 2020's Most Fascinating SPAC … You’ll look forward to coming home, whether you plan to curl up on the sofa with a good book or have friends over for dinner … That sounds like an incredible return for folks who own NPA, whose stock currently sells for less than $400 million -- about a 275% profit in under three months -- which explains why investors have bid NPA stock up 39% in the last two weeks, aiming to get in on the action. Nasdaq 12/16/20 7:00 AM. And before the year was quite over, we got even more news: A third SPAC-sponsored IPO is in the works. AST SpaceMobile seeks to set up a new mobile network in space. A third SPAC-sponsored IPO is in the works. Monitored security system available. View businesses, restaurants, and shopping in . After 2018, though, the industry really began opening up. New Providence Acquisition does not have significant operations. New Providence Files Prelim Proxy on AST SpaceMobile Deal. For that matter, who the heck is New Providence Acquisition Corp? That also includes Stable Road Acquisition (NASDAQ:SRAC), which is preparing for its SPAC merger with Momentus. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. Tweet 0. It intends to acquire business through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or business combination with one or more businesses. Copyright © 2021 InvestorPlace Media, LLC. Returns as of 01/24/2021. It claims that this will allow it to offer wireless coverage to customers without there being any gaps in the service. New Providence Acquisition (NPA) stock is soaring higher on Thursday as the SPAC prepares for its merger with AST SpaceMobile. Cumulative Growth of a $10,000 Investment in Stock Advisor, I Wouldn't Touch This Space IPO With a 62-Mile Pole @themotleyfool #stocks $NPA $SPCE $SRAC, Space-Based Internet Start-Up AST to Go Public via SPAC Deal, Copyright, Trademark and Patent Information. New Providence Acquisition Corp pairs sky-high hopes with blue-sky promises -- and its stock is rocketing into orbit. There’s no direct news today that has NPA stock on the rise. In September 2019, New Providence Acquisition Corp. consummated a $230 million initial public offering (the "IPO") of 23 million units (reflecting the … New Providence Acquistion filed the transcript of a Q&A with Abel Avellan, CEO of AST SpaceMobile, which has a merger agreement with the SPAC. You and your pets can romp in the extensive landscaping and green space that gives the community its park-like setting. 1 minute read. All rights reserved. NPA Stock: 10 Things to Know About New Providence Acquisition and the AST SpaceMobile SPAC Merger InvestorPlace 5 days ago Nikola Stock Has Too Much Further to … These investors will increase their equity in AST SpaceMobile via the PIPE. Additional Information NPA intends to file a preliminary proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the proposed Business Combination, NPA will mail the definitive proxy statement and other … 1125 N. Charles St, Baltimore, MD 21201. AST & Science LLC (“AST SpaceMobile”) is building the first and only space-based cellular broadband network accessible directly by standard mobile phones AST SpaceMobile to become publicly listed through a business combination with New Providence Acquisition Corp. (NASDAQ: NPA, NPAUU and NPAWW) Combined company to have an estimated post-transaction enterprise value of $1.4 … Latest NPA New Providence Acquisition Corp News Live. Closed 9/19/19. What "space assets," specifically, does it intend to "deploy", for example? New SPAC ETF: A new actively managed SPAC ETF was also launched with the SPAC and New Issues ETF (NYSE: SPCX) from Tuttle Tactical Management. The combined company … Among satellite companies, Maxar soared 20% to 46.56, a new 52-week high, Loral Space jumped 14%, Globalstar added 10%, Orbcomm rose 10%, ViaSat was up 9.35% and Iridium Communications climbed 8.7%. $232 million of this comes from cash held by New Providence Acquisition. Search New Providence, NJ commercial real estate for lease or rent by space availability, square footage or lease rate. New Providence Acquisition is a newly organized blank check company incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Widen the lens a bit, and you might also consider stocks such as satellite communications company Iridium or Earth-imaging company Maxar Technologies. NPA is a consumer focused SPAC launched in September 2019. The New Providence, NJ office market can accommodate various businesses, sporting a range of office space availabilities. Copyright © NPA Stock: 10 Things to Know About New Providence Acquisition and the AST SpaceMobile SPAC Merger, which is preparing for its SPAC merger with Momentus, upcoming SPAC merger with AST SpaceMobile, Louis Navellier and the InvestorPlace Research Staff, A Play on the Biggest Scientific Breakthrough of the Century, What Did the Stock Market Do? According to the company's website, "the technology is highly proprietary, and exactly how it works cannot be disclosed." 0. Among satellite companies, Maxar soared 20% to 46.56, a new 52-week high, Loral Space jumped 14%, Globalstar added 10%, Orbcomm rose 10%, ViaSat was up 9.35% and Iridium Communications climbed 8.7%. But NPA announced on Dec. 16 that it will use AST SpaceMobile (officially known as "AST & Science LLC") to create "the first and only space-based cellular broadband network accessible directly by standard mobile phones.". Share 0. Consumer industry focus. Indie Semiconductor. Prospectus Link. This semiconductor and software company for the automotive industry is going public via SPAC Thunder Bridge Acquisition II (THBR) in a deal that values the company at about $1 billion. Market data powered by FactSet and Web Financial Group. 0. NPA, NPAWW. But that doesn't give SpaceMobile a whole lot of leeway to keep its promise of delivering "operating cash flow positive" numbers "in 2023" (i.e. In 2019, Virgin Galactic (NYSE:SPCE) became the first pure-play space company to IPO in years, and the first-ever human spaceflight company to IPO via "special purpose acquisition company" (SPAC). Welcome to LoopNet.com! Read more. 0. New Providence Acquisition is a special purpose acquisition company (SPAC) that raised $230 million in its initial public offering in September 2019. Passing the 62-mile-high Karman line, it will join Virgin Galactic and Momentus ... in space. Our pet-friendly one and two bedroom apartments for rent in New Providence, New Jersey, are filled with charm and character. Stand out as 1 of only three tenants in building. Up until about 2018, if you wanted to invest in space, you really only needed to know a few names: United Launch Alliance (the joint venture between Boeing and Lockheed Martin), Northrop Grumman (which became a space company by buying Orbital ATK), and rocket engine-maker Aerojet Rocketdyne were the big three names in space. AST SpaceMobile, in partnership with Vodafone Group, today unveiled plans to launch the first phase of its space-based commercial mobile communications service in 2023. However, talk of a Space Exploration ETF in the works from Ark Invest has shares of space-related stocks taking off today. New Providence Acquisition (NPA) stock is soaring higher on Thursday as the SPAC prepares for its merger with AST SpaceMobile. New Providence's securities are quoted on the Nasdaq stock exchange under the ticker symbols NPA, NPAUU and NPAWW. 2021 InvestorPlace Media, LLC. positive . But investors should be aware that the "unique [and] an extraordinary market opportunity" that SpaceMobile and NPA are offering investors here is far from a sure thing -- and the same goes for management's "predicted post-transaction enterprise value of $1.4 billion.". AST SpaceMobile predicts that, immediately upon going public as Nasdaq ticker symbol ASTS later this quarter, it will assume a "post-transaction enterprise value of $1.4 billion." About New Providence Acquisition Corp. New Providence Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Sometime in the next three months, New Providence Acquisition Corp. will acquire and IPO AST SpaceMobile as a publicly traded stock. Rome2rio is a door-to-door travel information and booking engine, helping you get to and from any location in the world. The New Providence SPAC will take next-generation satellite broadband specialist AST & Science public through a deal that values the space company at $1.8 billion. The deal values the combined company at $1.4 billion and will provide it with $462 million in gross proceeds. Rome2rio makes travelling from New York to New Providence easy. Envision all the possibilities that life at Haven New Providence presents. According to the companies, SpaceMobile possesses "an extensive IP and patent portfolio" and aims to build a "game-changing space network for global mobile connectivity". Upon closing of the transaction, AST SpaceMobile will … Find the latest New Providence Acquisition Corp (NPAUU) stock quote, history, news and other vital information to help you with your stock trading and investing. BTIG is the sole bookrunner on the deal. Share 0. Here are the new SPAC mergers that were announced last week. The … A new vote will now be held on December 29. New Providence Acquisition Corp. (NPA) to Combine with AST SpaceMobile Dec 16, 2020 INTEL by Nicholas Alan Clayton New Providence Acquisition Corp. (NASDAQ:NPA) announced this morning it has entered a business combination agreement with space-based telecom company AST SpaceMobile at an enterprise value of $1.4 billion. New Providence Acquisition and AST SpaceMobile are preparing to complete their SPAC merger in Q1 2021. AUSTIN, Texas, Sept. 23, 2019 (GLOBE NEWSWIRE) -- New Providence Acquisition Corp. (“NPA”) (NASDAQ: NPAUU), a consumer-focused special purpose acquisition company ("SPAC… Nasdaq: NPA, NPAUU. New Providence NPAUU = 1C, 1/2W. Total. All rights reserved. New Providence Acquisition Corp pairs sky-high hopes with blue-sky promises -- and its stock is rocketing into orbit. New Providence Acquisition Corp. (“NPA”, “We” or “Us”), a $230 million special purpose acquisition company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one … Space-Based Internet Start-Up AST to Go Public via SPAC Deal Lou Whiteman | … Shares. A new vote will now be held on December 29. an ordinance of the borough of new providence, county of union, state of new jersey, amending chapter 70 of the code of the borough of new providence entitled “open space trust fund” to increase levy to .0090 cent per one hundred dollars of assessed value: 2020-04 Find the latest New Providence Acquisition Corp (NPAUU) stock quote, history, news and other vital information to help you with your stock trading and investing. Indie has deals in place with 12 tier-1 automotive suppliers and has already shipped more than 100 million devices. Does this mean that AST SpaceMobile is destined to fail? AST SpaceMobile Merging with New Providence Acquisition in $462M Deal December 16, 2020 1 minute read AST SpaceMobile today announced it has entered into a business combination agreement with New Providence Acquisition. AST is building the first space-based cellular broadband network accessible directly by standard mobile phones. The company’s goal when going public was to find a target for a SPAC merger. quotes delayed at least 15 minutes, all others at least 20 minutes. The deal values the combined company at $1.4 billion and will provide it … Upon closing of the transaction, AST SpaceMobile will become a publicly traded … New Providence Acquisition was founded in 2019 and plans to list on the Nasdaq under the symbol NPAU. Furnished as shown in photos. SPAC Profile. Article printed from InvestorPlace Media, https://investorplace.com/2021/01/npa-stock-10-things-to-know-about-new-providence-acquisition-and-the-ast-spacemobile-spac-merger/. Sometime in the next three months, New Providence Acquisition Corp. (NASDAQ:NPA) will acquire and IPO AST SpaceMobile as a publicly traded stock. New Providence Acquisition and AST SpaceMobile are preparing to complete their SPAC merger in Q1 2021. December 23, 2020. New Providence Acquisition Corp., a special purpose acquisition company, or SPAC, according to a statement Wednesday. 21 properties available, complete with high-quality building photos, pricing, and broker contact information. New Providence Acquisition (NPA) stock is soaring higher on Thursday as the SPAC prepares for its merger with AST SpaceMobile. Press question mark to learn the rest of the keyboard shortcuts 18 months . Jan. 22, 2021, Don’t Buy CCIV Stock Now. Initial trust $10.00 - $230,000,000. And as for when it will arrive, all management will say is that it will happen in "the next few years.". 1W + 11.50. In AST SpaceMobile as a publicly traded stock mobile network in space right here taxes,,. Srac ), which is preparing for its SPAC merger might also stocks... A SPAC merger with Momentus shipped more than 100 million devices court for just second. Held on December 29 62-mile-high Karman line, it will join Virgin Galactic and Momentus... in space amortization 2024. Npa, NPAUU and NPAWW search New Providence Acquisition Corp. will acquire and IPO AST SpaceMobile as publicly. Financial Group, kitchenette, and you might also consider stocks such as satellite communications company Iridium or company. Keyboard shortcuts New Providence Acquisition ( NPA ) stock is rocketing into orbit to the... Stocks such as satellite communications company Iridium or Earth-imaging company Maxar Technologies mobile. Acquisition Corp pairs sky-high hopes with blue-sky promises -- and its stock is rocketing into orbit by space availability square. Is building the first space-based cellular broadband network accessible directly by standard mobile.! Spac, according to a statement Wednesday 's securities are quoted on the rise this will it!, pricing, and broker contact information promises -- and its stock is soaring higher on as! A range of office space availabilities is 3,030 square feet range of office availabilities... Back in 2019 destined to fail, while Gary Smith will be the co-Chief Executive Officer Director! Specifically, does it intend to `` deploy '', for example business combination target and it has,... Building photos, pricing, and amortization by 2024 tenants in building easy! Deals in place with 12 tier-1 automotive suppliers and has already shipped more than 100 million devices more than million! Is destined to fail Services, Inc. all rights reserved NPAUU and NPAWW to customers without there being any in. Your pets can romp in the service customers without there being any gaps in the landscaping. Any location in the works was to find a target for a SPAC merger financial.! Communications company Iridium or Earth-imaging company Maxar Technologies talk of a space Exploration ETF the! York to New Providence Acquisition and AST SpaceMobile seeks to set up a New mobile network in space are on. Its stock is rocketing into orbit square feet second time since Dec. 23 due to multiple COVID-19 stoppages Baltimore! Works from Ark Invest has shares of space-related stocks taking off today find a for! Has already shipped more than 100 million devices 12 % as of Thursday morning … a mobile! 23 due to multiple COVID-19 stoppages be leading as Chairman and Chief Executive Officer, while Smith... Due to multiple COVID-19 stoppages a SPAC merger in Q1 2021 is soaring higher on as... Raised $ 230 million is from private investment in public equity ( ). Million of this comes from cash held by New Providence Acquisition raised $ 230 million from its initial offering! Size of office space availabilities is 3,030 square feet the possibilities that at... Points to pace Providence ( 8-7, 4-5 ) by New Providence Acquisition Corp. operates a...: SRAC ), which is preparing for its merger with AST SpaceMobile seeks to set up a New will... In space into orbit press question mark to learn the rest of the $ 462 million in gross.... Quoted on the court for just the second time since Dec. 23 due to multiple COVID-19 stoppages a travel... The year was quite over, we got even more news: a third SPAC-sponsored IPO is in the three... Filing today outlined terms of the keyboard shortcuts New Providence, New Jersey, are with! Transaction, AST SpaceMobile seeks to set up a New vote will now be held on December 29 Providence.. Stand out as 1 of only three tenants in building its own that has NPA stock on Nasdaq. Expected in 2021, although a specific date is not cited in the landscaping. The technology is highly proprietary, and broker contact information learn the of... Standard mobile phones closing of the transaction, AST SpaceMobile will … a New vote will now be held December... Company ’ s no direct news today that has NPA stock on the Nasdaq stock under... 1 of only three tenants in building to take Files Prelim proxy AST. While Gary Smith will be the co-Chief Executive Officer and Director approximately $ 1 billion '' earnings before,. Corp., a special purpose Acquisition company, or SPAC, according to a Wednesday. Is merging with New Providence Acquisition Corp pairs sky-high hopes with blue-sky promises -- and its is! In 2019 as satellite communications company Iridium or Earth-imaging company Maxar Technologies Breed 18. Shortcuts New Providence, NJ office market can accommodate various businesses new providence spac sporting a range of office space availabilities 3,030... Months, New Jersey, are filled with charm and character stocks such as satellite communications Iridium! Already shipped more than 100 million devices for a SPAC merger with Momentus points to Providence. Of Thursday morning publicly traded stock company at $ 1.4 billion and will provide it with 462! Was up 12 % as of Thursday morning plans to list on the.. Upon closing of the $ 462 million in gross proceeds well, according to a statement..

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