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Easterly Acquisition Corp (EACQ.OQ)

EACQ.OQ on NASDAQ Stock Exchange Capital Market

10.15USD
17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Easterly Acquisition And JH Capital Announce $125 Mln Financing Led By Fortress
Friday, 5 Jan 2018 

Jan 4 (Reuters) - Easterly Acquisition Corp ::EASTERLY ACQUISITION CORP AND JH CAPITAL ANNOUNCE $125 MILLION FINANCING LED BY FORTRESS.EASTERLY ACQUISITION CORP - ‍FINANCING WILL ENABLE JH CAPITAL TO PURCHASE $1 BILLION FACE VALUE OF CONSUMER DEBT RECEIVABLES BEGINNING IN Q1 OF 2018​.EASTERLY ACQUISITION CORP - ‍JH CAPITAL NOW EXPECTS PURCHASES OF $75 MILLION DURING Q1 OF 2018 ALONE​.  Full Article

Easterly Acquisition And JH Capital Provide Business And Transaction Updates To Investors
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Easterly Acquisition Corp ::EASTERLY ACQUISITION AND JH CAPITAL PROVIDE BUSINESS AND TRANSACTION UPDATES TO INVESTORS.‍JH CAPITAL'S ESTIMATE FOR 2018E ECONOMIC EARNINGS INCREASED BY ABOUT 12 PCT TO $56 MILLION SINCE JUNE 30, 2017 PROJECTIONS​.JH CAPITAL​ ‍NOW ANTICIPATES OUTPERFORMING ITS CAPITAL DEPLOYMENT ESTIMATE FOR 2018 BY $10 MILLION.JH CAPITAL NOW ANTICIPATES CAPITAL DEPLOYMENT ESTIMATE TO DEPLOY A TOTAL OF $219 MILLION FOR 2018.‍SCHEDULED SPECIAL MEETING OF STOCKHOLDERS ON DEC 14, TO EXTEND DATE BY WHICH CO TO CONSUMMATE BUSINESS COMBINATION TO MARCH 31, 2018​.JH CAPITAL NOW SEES NET LOSS OF $25 MILLION FOR 2017, NET LOSS OF $4 MILLION FOR 2018 AND NET INCOME OF $67 MILLION FOR 2019.  Full Article

Easterly Acquisition says Sungevity will pay co $12 mln if merger terminated - SEC filing
Wednesday, 29 Jun 2016 

Easterly Acquisition Corp :If merger deal terminated, Sungevity shall pay company a termination fee of lesser of $12 million - SEC filing.  Full Article

Easterly Acquisition Corp and Sungevity to merge
Wednesday, 29 Jun 2016 

Easterly Acquisition Corp : Sungevity's existing stockholders will roll over all of their existing equity into sungevity holdings . Sungevity's existing stockholders together with Sungevity's management, will retain 58.8 percent ownership of combined co . Sungevity's management team will remain with Sungevity holdings under leadership of current ceo andrew birch .Sungevity, inc. To become public company through merger agreement with easterly acquisition corp..  Full Article

BRIEF-Easterly Acquisition And JH Capital Announce $125 Mln Financing Led By Fortress

* EASTERLY ACQUISITION CORP AND JH CAPITAL ANNOUNCE $125 MILLION FINANCING LED BY FORTRESS

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