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PANGAEA LOGISTICS SOLUTIONS LTD

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Quartet Merger Corp (Nasdaq: QTET) was a blank-check company that announced its business combination with Pangaea Logistics Solutions Ltd in May 2014, with the transaction now closed. Pangaea Logistics Solutions operates within the diversified logistics sector, providing ocean transportation and related services across international markets. The deal was executed during the mid-2010s period of steady SPAC activity, giving Pangaea a route to the public markets through the traditional blank-check merger structure. Quartet Merger Corp represents one of the earlier completed SPAC transactions in the diversified industrials space from that era. Sign up at SpacDesk for complete filing history, sponsor details, and deal analytics on QTET and hundreds of other SPACs.

Announced
2014-05-01
Closed
2014-09-29
PIPE Raised
Industry
Other / Diversified

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
QTETQuartet Merger CorpClosed2014-05-012014-09-29$93.0MEric S. Rosenfeld