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Allegro Merger Priced, Nasdaq: ALGR

Blank check company formed by Crescendo Partners' Eric Rosenfeld (liquidated).

Industry: SPAC

First Day Return: +0.5%

Industry: SPAC

We are a blank check company formed in August 2017 that will seek to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination, one or more businesses or entities. To date, our efforts have been limited to organizational activities as well as activities related to this offering. We have not identified any acquisition target and we have not, nor has anyone on our behalf, initiated any substantive discussions with any acquisition target with respect to a business combination with us. We have generated no operating revenues to date and we do not expect that we will generate operating revenues until we consummate our initial business combination. We will seek to capitalize on the significant experience of our management team in consummating an initial business combination. Eric S. Rosenfeld, our Chief Executive Officer, has served as Chairman and Chief Executive Officer of five prior publicly-held blank check companies: (i) Arpeggio, which raised $40.8 million in June 2004 and consummated a business combination with Hill International in June 2006, (ii) Rhapsody, which raised $41.4 million in October 2006 and consummated a business combination with Primoris in July 2008, (iii) Trio, which raised $69 million in June 2011 and consummated a business combination with SAE in June 2013, (iv) Quartet, which raised $96.6 million in November 2013 and consummated a business combination with Pangea in October 2014, and (v) Harmony, which raised $115.0 million in March 2015 and consummated a business combination with NextDecade LLC in July 2017.
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Allegro Merger (ALGR) Performance