Opes Acquisition Corp.

Status: Deal Closed
U=S+W W=S@11.5
IPO Proceeds, $M $115.00M
IPO Date Mar 14, 2018
CEO David Brain
Left Lead EarlyBirdCapital
IPO Cash in Trust 101.0%
SPAC Tenor 18+2+2+2+3+3+2
IPO Sector General

Mexico

IPO Geography LatAm
Target Company BurgerFi
Deal Announced Jun 30, 2020
Deal Size, $M $143.40M
Deal Sector Food
Deal Geography US/Canada
SEC Filings www.sec.gov
Approval Vote Dec 15, 2020
Amendment Vote TBD
Closing Date Dec 16, 2020
Formerly OPES BFI BFIIW

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  • Structure and cap table
  • 6 directors & officers
  • 55 filings and events
  • 3 underwriters
  • 1 deal advisors
  • 2 legal advisors
Structure

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Team
Name Age Title
David Brain CEO
Ophir Sternberg 43 Chairman
Jose Luis Cordova 32 CFO
Martha (Stormy) L. Byorum 62 Director
Paul Rapisarda Director
James Anderson Director

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Advisors
Underwriters
EarlyBirdCapital BR 8,300,000 units
Chardan 1,000,000
I-Bankers Securities 700,000
10,000,000 units
Up-Front UW fee 2.00 %
BCMA 3.50 %

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Deal

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Filings
Feb 20, 2018 S-1
Mar 8, 2018

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Mar 9, 2018

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Mar 13, 2018 IPO Prospectus
Mar 15, 2018

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Mar 22, 2018

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Mar 22, 2018

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Oct 12, 2018

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Jan 3, 2019

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Aug 23, 2019

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Sep 4, 2019

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Sep 13, 2019

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Sep 17, 2019

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Oct 25, 2019

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Nov 1, 2019

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Nov 4, 2019

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Nov 18, 2019

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Dec 23, 2019

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Jan 3, 2020

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Jan 15, 2020

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Feb 24, 2020

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Mar 5, 2020

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Mar 17, 2020

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Apr 10, 2020

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Apr 14, 2020

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May 26, 2020

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Jun 8, 2020

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Jun 8, 2020

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Jun 19, 2020

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Jun 30, 2020

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Jul 2, 2020

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Jul 13, 2020 PR with 2020 Delivery Metrics
Aug 5, 2020

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Aug 7, 2020

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Aug 19, 2020

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Aug 31, 2020

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Sep 8, 2020

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Sep 10, 2020 8-K with Gateway conference transcript
Sep 15, 2020

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Sep 25, 2020

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Oct 1, 2020

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Oct 15, 2020

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Oct 16, 2020

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Oct 27, 2020

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Nov 6, 2020

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Nov 12, 2020

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Nov 13, 2020

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Nov 20, 2020

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Dec 1, 2020

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Dec 15, 2020

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Dec 16, 2020

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Dec 23, 2020

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Apr 30, 2021

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May 10, 2021

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Shareholders

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