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Global Ship Lease, Inc

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Marathon Acquisition Corp. (MAQ) was a blank-check company sponsored by Marathon Asset Management that completed its initial public offering in 2007. The SPAC announced a definitive business combination with Global Ship Lease, Inc. in March 2008, targeting the maritime shipping sector. Global Ship Lease is a containership leasing company that charters vessels under long-term fixed-rate agreements to major ocean carriers. The transaction closed in 2008, taking Global Ship Lease public on the New York Stock Exchange under the ticker GSL, and Marathon Acquisition Corp. is now listed as a closed SPAC. Readers seeking complete filing history, deal timelines, and comparable transaction analytics can sign up for full data access at SpacDesk.

Announced
2008-03-24
Closed
2008-08-15
PIPE Raised
Industry
Other / Diversified

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
MAQMarathon Acquisition Corp.Closed2008-03-242008-08-15$300.0MMichael S. Gross