Highlands Acquisition Corp (NYSE Amex: HIA) was a blank-check company that completed its initial public offering in 2008, targeting acquisitions in the industrial and manufacturing sectors. The SPAC filed a definitive proxy statement (DEF 14A) with the SEC on April 30, 2009, seeking shareholder approval for a proposed business combination with Consolidated Container Holdings LLC, a manufacturer of rigid plastic packaging. The transaction, if approved, would effectively wind down HIA as a standalone shell and deliver the combined entity to public shareholders. The filing reflects the heightened deal activity among SPACs that had raised capital ahead of the 2008 financial crisis. Visit SpacDesk and sign up for full data, filings, and deal analytics on HIA and hundreds of other SPAC transactions.