- New Providence Acquisition Corp. has a liquidation deadline on March 31, 2021 and could make a deal announcement at any moment over the next four months.
- The management and Board members have solid experience in consumer industry, especially beverage and restaurant chains, though they have no prior SPAC experience.
- The company is seeking a consumer industry target which could potentially be a timely post pandemic recovery play given the positive development of vaccines.
For further details see:
New Providence Acquisition Corp. Warrant: Potentially A Post Pandemic Recovery Play