Ackrell SPAC Partners I Co. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on alcoholic and non-alcoholic beverage and wellness sectors. Ackrell SPAC Partners I Co. was founded in 2018 and is Claymont, Delaware.
IPO Year: 2020
Exchange: NASDAQ
Website: ackrellspac.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/13/2022 | $14.00 | Outperform | Telsey Advisory Group |
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425 - ACKRELL SPAC Partners I Co. (0001790121) (Subject)
8-K - ACKRELL SPAC Partners I Co. (0001790121) (Filer)
25-NSE - ACKRELL SPAC Partners I Co. (0001790121) (Subject)
425 - ACKRELL SPAC Partners I Co. (0001790121) (Subject)
8-K - ACKRELL SPAC Partners I Co. (0001790121) (Filer)
10-Q - ACKRELL SPAC Partners I Co. (0001790121) (Filer)
NT 10-Q - ACKRELL SPAC Partners I Co. (0001790121) (Filer)
8-K - ACKRELL SPAC Partners I Co. (0001790121) (Filer)
8-K - ACKRELL SPAC Partners I Co. (0001790121) (Filer)
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Telsey Advisory Group initiated coverage of Ackrell SPAC Partners I Co. with a rating of Outperform and set a new price target of $14.00
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New York, NY, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Ackrell SPAC Partners I Co. (NASDAQ:ACKIU) (the "Company"), a special purpose acquisition company, announced today that, on August 27, 2022, the Company received a notice from North Atlantic Imports, LLC ("NAI") purporting to unilaterally terminate the Business Combination Agreement dated as of December 22, 2021 by and between the Company, NAI, Ackrell Merger Sub Inc., Roger Dahle, and North Atlantic Imports, Inc. (the "BCA"). As previously reported in the Company's Current Report on Form 8-K filed on August 25, 2022, NAI had declined to loan the Company the $200,000 requested pursuant to the Company's promissory note dated June
New York, NY, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Ackrell SPAC Partners I Co. (NASDAQ:ACKIU) (the "Company"), a special purpose acquisition company, announced today that, on August 24, 2022, North Atlantic Imports, LLC ("Blackstone") communicated to the Company that Blackstone declined to fund the final $200,000 pursuant to the promissory note the Company issued to Blackstone on June 21, 2022 (the "Note") to extend the date by which the Company must complete its initial business combination from August 24, 2022 through and including September 23, 2022 (the "Extension"). The Company's Amended and Restated Certificate of Incorporation, as amended (the "Company Charter"), requires the Company t
New York, NY, June 21, 2022 (GLOBE NEWSWIRE) -- Ackrell SPAC Partners I Co. ("Ackrell" or the "Company") (Nasdaq: "ACKIU" for units, "ACKIT" for subunits and "ACKW" for warrants) announced that its stockholders have approved an extension of the date by which the Company must consummate a business combination from June 23, 2022 to September 23, 2022 (or such earlier date as determined by Ackrell's board of directors) (the "Extension") at the special meeting of stockholders held on June 21, 2022 (the "Special Meeting"). The Extension provides Ackrell with additional time to complete the previously announced proposed business combination (the "Transaction") with Blackstone Products ("Blacksto
New York, NY, June 14, 2022 (GLOBE NEWSWIRE) -- Ackrell SPAC Partners I Co. (NASDAQ:ACKIU) ("Ackrell" or the "Company"), a special purpose acquisition company, today issued a press release in which it announced that in connection with its special meeting of stockholders to be held on June 21, 2022 for stockholders to consider and vote on a proposal to extend the time the Company has to consummate an initial business combination at the request of the Sponsor on a monthly basis from June 23, 2022 to September 23, 2022, subject to the approval of the Board of Directors of the Company, the Sponsor or its designees will be required to deposit into the trust account for each extension an amount
New York, NY, June 03, 2022 (GLOBE NEWSWIRE) -- Ackrell SPAC Partners I Co. (NASDAQ:ACKIU) ("Ackrell" or the "Company"), a special purpose acquisition company, today issued a press release in which it advised holders of the subunits issued in its initial public offering, that Thursday, June 16, 2022 (and not June 17) is the date by which they must submit requests for redemption of shares of common stock underlying their subunits to receive their pro rata portion of the funds held in the trust account in connection with the stockholder vote on a proposal to extend the time the Company has to consummate an initial business combination from June 23, 2022 to September 23, 2022 (the "Extension
First quarter 2022 operating results significantly exceed last year's results and drive momentum ahead of planned business combination with Ackrell SPAC Partners I Co. Blackstone Products ("Blackstone" or the "Company"), an innovative and design-driven company that is redefining the outdoor cooking experience with griddle cooking appliances and accessories, announced today certain financial results for its quarter ended March 31, 2022. Blackstone also reiterates its guidance for its fiscal year ending December 31, 2022. "Despite a volatile and challenging environment, Blackstone demonstrated strong performance in all of our key metrics during the first quarter," said Founder and Chief Exe
White Oak Global Advisors, LLC, ("White Oak") announced today it has provided a $75 million term loan to North Atlantic Imports, which also operates under the name Blackstone Products ("Blackstone" or the "Company"), a Utah-based distributor of branded griddles and accessories. The loan was offered on a split-lien basis alongside a Wells Fargo ABL Revolver. "Blackstone is an innovator in its industry and we are excited to support their continued growth," said Albert Brandano, Director of Originations at White Oak Global Advisors. "We worked hand-in-hand with the Company to tailor a solution to help facilitate a pending business combination while best positioning Blackstone for the future."
FY 2021 preliminary operating results exceed guidance and drive outperformance ahead of planned business combination with Ackrell SPAC Partners I Co. Recognized by NPD for dollar share growth in key categories Blackstone Products ("Blackstone" or the "Company"), an innovative and design-driven company that is redefining the outdoor cooking experience with griddle cooking appliances and accessories, announced today certain preliminary financial results for its full fiscal year ended December 31, 2021. Blackstone also reiterated its guidance for the fiscal year ending December 31, 2022. "Blackstone continues to be successful and gain momentum even in the face of supply chain disruptions th
New York, NY, March 21, 2022 (GLOBE NEWSWIRE) -- Ackrell SPAC Partners I Co. (NASDAQ:ACKIU) ("Ackrell" or the "Company"), announced today that an aggregate of $1,380,000 (the "Extension Payment") has been deposited into the Company's trust account for its public stockholders, representing $0.10 per public unit, which enables the Company to further extend the period of time it has to consummate its initial business combination by three months from March 23, 2022 to June 23, 2022 (the "Extension"). The Extension is the second of up to two three-month extensions permitted under the Company's governing documents. The Extension was funded by the proceeds from a promissory note issued by the Co
Blackstone Products ("Blackstone" or the "Company"), an innovative and design-driven company that is redefining the outdoor cooking experience with griddle cooking appliances and accessories, and Ackrell SPAC Partners I Co. ("Ackrell") (NASDAQ:ACKIU), a publicly-traded special purpose acquisition company, today announced that the Company is scheduled to present at the 24th Annual ICR Conference, held virtually, on Tuesday, January 11, 2022 at 10:30 am Eastern Time. Roger Dahle, Chief Executive Officer, and James McCormick, Chief Financial Officer, will host the presentation. The presentation will be webcast live over the internet and can be accessed on the Company's Investor Relations webs
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