Reservoir Media completes SPAC merger with Reservoir Holdings; trades on Nasdaq

Reservoir Media, Inc.

Closed merger with Reservoir Holdings; issued 44.7M shares to former Reservoir stockholders (~69.8% ownership).
PIPE investment of $150M (15M shares at $10.00); redemptions of $103M for 10.3M ROCC shares.
Entered $248.75M senior secured credit facility maturing Oct 2024; interest at LIBOR+2.25%.
New board of 9 directors with three classes; Helima Croft appointed as Class I director.
Common stock and warrants trade on Nasdaq under RSVR and RSVRW starting July 29, 2021.

item 1.01 item 2.01 item 9.01 item 3.02 item 2.03 item 3.03 item 5.01 item 5.02 item 5.06

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Helima Croft

Class I Director

RSVR · Reservoir Media, Inc.

Filed: July 28, 2021, 7:59 PM ET

In addition, the board of directors of RMI appointed Ms. Helima Croft to the board of directors of RMI as the Class I director immediately following the consummation of the Business Combination.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Helima Croft was appointed as Class I Director at Reservoir Media, Inc..

Action: appointed
Role: Class I Director

Exact text from the filing

In addition, the board of directors of RMI appointed Ms. Helima Croft to the board of directors of RMI as the Class I director immediately following the consummation of the Business Combination.

View on SEC.gov

Reservoir Media, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-21-097058

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.