Highest-materiality recent filing
Jaws Mustang extends SPAC deadline to Jan 4, 2025; shareholders redeem ~$15.1M
Shareholders approved extension of business combination deadline from Dec 4, 2024 to Jan 4, 2025.
Jaws Mustang Acquisition delisted by NYSE American; suspends hospitality business combination
NYSE American Panel upheld delisting decision on Nov 1, 2024; trading suspended; company to move to OTC.
JAWS Mustang obtains $500K promissory note from sponsor for working capital
Issued up to $500,000 promissory note to Mustang Sponsor LLC; initial $125,000 funded.
Jaws Mustang signs LOI for business combination with Starwood Capital hotel portfolio
Non-binding LOI signed to combine with Starwood Capital Entities owning 10 hotels: 1 Hotel Brooklyn Bridge, 1 Hotel Central Park, and 8 De Vere UK properties.
Jaws Mustang shareholders approve extension to Feb 2025; sponsor converts 25.5M Class B shares
Shareholders approved extending business combination deadline from Feb 4 to Mar 4, 2024, with monthly extensions to Feb 4, 2025.
NYSE American notified JWSM on Feb 5, 2024 of proceedings to delist its units, Class A shares, and warrants for failure to complete a business combination within required period (Sections 119(b),(f)).
Jaws Mustang SPAC adjourns shareholder meeting to Feb 2; extension vote pending
Shareholders approved adjournment with 26.93M for, 143.7K against, 1,500 abstain.
Jaws Mustang extends deadline to Mar 4, 2024; 1M shares tendered; 25.5M Class B to convert
Shareholder meeting Jan 25, 2024 to vote on extension from Feb 4 to Mar 4 with up to 11 monthly extensions to Feb 4, 2025.
Jaws Mustang waives redemption restriction for former director David Helfand
Waiver granted on January 10, 2024, allows Helfand to redeem his Class A ordinary shares previously restricted under Insider Letter.
Director David Helfand resigns; Elizabeth Cogan Fascitelli joins Compensation Committee
David Helfand resigned as director of Jaws Mustang Acquisition Corp., effective Nov 8, 2023, with no dispute.
JWS Mustang Acquisition Corp to transfer listing from NYSE to NYSE American effective March 14, 2023
Voluntarily delisting from NYSE; approved for listing on NYSE American.
Jaws Mustang SPAC extends deadline to Feb 2024; $1.03B in redemptions
Shareholders approved extension to Feb 4, 2024, and removal of net tangible asset limit.
101,596,386 ordinary shares tendered for redemption as of January 30, 2023 deadline.
JAWS Mustang issues up to $500K promissory note to sponsor for working capital
Note of up to $500,000 issued to Mustang Sponsor LLC, bearing no interest.
JAWS Mustang restates prior financials over equity classification error
Management and audit committee conclude prior financials should no longer be relied upon.
On November 8, 2023, David Helfand notified Jaws Mustang Acquisition Corporation (the “ Company ”) of his decision to resign as a Director of the Company, effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event other_material