| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
50 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
9 |
| Cash Flow (TTM) (Millions $) |
2 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
The blank check company was incorporated as a Cayman Islands exempted company on July 29, 2020. Its primary purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. It is not limited to a particular industry or sector for purposes of consummating a business combination. As an early stage and emerging growth company, it is subject to all the risks associated with early-stage and emerging growth companies.
There is an increased focus on sustainability and impact during the ten-year countdown to achieve the UN Sustainable Development Goals (eUN SDGse) by 2030. This focus is driving numerous attractive and high-growth commercial opportunities that can contribute to the solution of complex global challenges such as access to clean water, quality health services, education and reskilling, industrial innovation, reduction of waste, and combating climate change. Additionally, an emphasis on better outcomes for all stakeholders is increasingly becoming a source of competitive advantage. Businesses with strong Environmental, Social and Governance (eESGe) practices can achieve attractive investment returns. In an era where more and more people want to work for, buy from and invest in organizations that share their values, companies that have a positive impact on society and the planet will be better-placed to succeed and grow sustainably.
The company was founded and is led by senior executives of AEA Investors LP (eAEAe) and Bridges Fund Management Ltd. (eBridgese), both of which are affiliates of its sponsor. The management team is well positioned to identify companies that align with its impact-driven investment focus and provide attractive risk-adjusted returns. Additionally, its association with AEA and Bridges brings a unique combination of best-in-class private equity and impact management to the company. The AEA-Bridges partnership will allow the company to apply its experience of the last 50 years to its vision for the next 50 years.
On December 12, 2021, the company entered into a Business Combination Agreement, by and among the company, Harley-Davidson, Inc., a Wisconsin corporation, LW EV Holdings, Inc., a Delaware corporation, LW EV Merger Sub, Inc., a Delaware corporation (eMerger Sube), and LiveWire EV, LLC, a Delaware limited liability company.
The Business Combination Agreement provides for the Business Combination, which includes, among other things, the consummation of the following transactions: (a) at least one day prior to the Closing, the company will undergo a domestication to become a Delaware corporation, in connection with which all of its outstanding ordinary shares will convert into common stock, par value $0.0001 per share, of the domesticated company, and each of its outstanding warrants will convert into a warrant to acquire one share of common stock of the domesticated company; (b) prior to the Closing, on the closing date, H-D and LiveWire will consummate the separation of the LiveWire business and the other transactions contemplated by the Separation Agreement, by and between H-D and LiveWire, dated as of the closing date; (c) prior to the Closing, on the closing date, Merger Sub will merge with and into the company, with the company surviving as a direct, wholly owned subsidiary of HoldCo, and HoldCo will continue as the public company in the merger, with each share of common stock of the domesticated company being converted into the right of the holder thereof to receive one share of common stock, par value $0.
Company Address: PO Box 1093 Grand Cayman 0 KY
Company Phone Number: 345 814 5825 Stock Exchange / Ticker: NYSE IMPX
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