Barington/Hilco Rgts (BHACR) 0.16 $BHACR Baring
Post# of 273242
Posted On: 09/19/2016 7:07:44 PM
Barington/Hilco Rgts (BHACR) 0.16 $BHACR
Barington/Hilco Acquisition Corp. Announces Extension Of Time To Consummate A Business Combination
PR Newswire - Wed Aug 10, 7:30AM CDT
Barington/Hilco Acquisition Corp. (Nasdaq: BHACU), a blank check acquisition company (the "Company"
, announced today that, in accordance with the terms set forth in its IPO prospectus, the Company has deposited $100,000 into its trust account held at Continental Stock Transfer & Trust Company for the benefit of its public stockholders in order to extend the date by which it must complete a business combination by three months, from August 11, 2016 to November 11, 2016. In order to fund the deposit, the Company has obtained loans from its sponsors, affiliates of both Barington Capital Group, L.P. and Hilco Global. The loans are evidenced by promissory notes that are payable upon the consummation of a business combination by the Company, either in cash or, at each sponsor's discretion, by conversion into private units of the Company.
BHAC: 0.12 (-9.98), BHACR: 0.16 (+0.01), BHACU: 10.39 (+0.09)
Barington/Hilco Acquisition Corp. Announces Extension Of Time To Consummate A Business Combination
PR Newswire - Wed Aug 10, 7:30AM CDT
Barington/Hilco Acquisition Corp. (Nasdaq: BHACU), a blank check acquisition company (the "Company"
, announced today that, in accordance with the terms set forth in its IPO prospectus, the Company has deposited $100,000 into its trust account held at Continental Stock Transfer & Trust Company for the benefit of its public stockholders in order to extend the date by which it must complete a business combination by three months, from August 11, 2016 to November 11, 2016. In order to fund the deposit, the Company has obtained loans from its sponsors, affiliates of both Barington Capital Group, L.P. and Hilco Global. The loans are evidenced by promissory notes that are payable upon the consummation of a business combination by the Company, either in cash or, at each sponsor's discretion, by conversion into private units of the Company. BHAC: 0.12 (-9.98), BHACR: 0.16 (+0.01), BHACU: 10.39 (+0.09)
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