One Madison Corporation Announces Additional Earnout Provisions for Sponsor’s Founder Shares, Private Placement Transaction, and Extension of Redemption Deadline for Shareholders to May 23...
ONE MADISON CORP (OMAD)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- One Madison Corporation (NYSE:OMAD, OMAD.U, OMAD.WS) (the “Company”) today announced, in connection with its previously announced business combination (the “Ranpak Business Combination”) with Rack Holdings Inc. and Ranpak Corp., that: The Company has entered into an agreement with One Madison Group LLC (the “Sponsor”) that subjects 100% of the Sponsor-owned Class B ordinary shares (the “Founder Shares”), to an earn-out provision, with 50% of the Founder Shares held by the Sponsor, or 3,397,500 Founder Shares, subject to a $15.00 threshold and 50% of the Founder Shares held by the Sponsor, or 3,397,500 Founder Shares, subject to a $17.00 threshold; The Company has entered into an agreement with its anchor investors that subjects all 3,750,000 Founder Shares held by the anchor investors to a $12.50 earn-out condition; and
Show less
Read more
Impact Snapshot
Event Time:
OMAD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OMAD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OMAD alerts
High impacting ONE MADISON CORP news events
Weekly update
A roundup of the hottest topics