JK Acquisition Corp.

• Public
• US

Dow Jones Description

JK Acquisition Corp. ("Company") is a blank check company formed in 2005 to serve as a vehicle for the acquisition, through a merger, capital stock exchange, asset acquisition or other similar business combination with a then unidentified operating business. On April 11, 2006, we completed our IPO of equity securities, raising net proceeds of $76,632,404. Like most blank check companies, our certificate of incorporation provides for the return of the IPO proceeds held in trust to the holders of shares of common stock sold in the IPO if there is no qualifying business combination(s) consummated before the termination date as defined in the certificate of incorporation. Our certificate of incorporation provides that, upon the termination date, the Company will cause its officers to distribute the amounts in the Trust Fund (inclusive of interest) to the holders of IPO Shares within sixty days of the termination date. Further, our certificate of incorporation requires that after the distribution of the amounts in the Trust Fund, the officers of the Company shall take such action necessary to dissolve and liquidate the Company as soon as reasonably practicable. ...

Chairman & CEO

Number of Employees 2

Contact Information

Peer Companies

• Morgan Stanley
• UBS AG
• ICICI Bank Ltd.
• Ameriprise Financial Inc.
• Blackstone Group LP
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