New Providence Acquisition (NPA) stock is soaring higher on Thursday as the SPAC prepares for its merger with AST SpaceMobile. New Providence Acquisition (NPA) stock is soaring higher on Thursday as the SPAC prepares for its merger with AST SpaceMobile. Monitored security system available. Edgar Filings. Nasdaq: NPA, NPAUU. Well, according to S&P Global Market Intelligence, NPA is a company without "significant operations" of its own. New Providence Acquisition (NPA) stock is soaring higher on Thursday as the SPAC prepares for its merger with AST SpaceMobile. To keep its promises, just three short years after its IPO SpaceMobile has to go all the way from starting "phase one of the commercial launch of SpaceMobile's space assets" to generating cash and reporting profits -- which will be tough to do if assets won't even begin launching until a "few years" from now. The deal values the combined company at $1.4 billion and will provide it with $462 million in gross proceeds. You and your pets can romp in the extensive landscaping and green space that gives the community its park-like setting. The New Providence SPAC will take next-generation satellite broadband specialist AST & Science public through a deal that values the space company at $1.8 billion. 1125 N. Charles St, Baltimore, MD 21201. The company’s goal when going public was to find a target for a SPAC merger. 2021 InvestorPlace Media, LLC. All rights reserved. New Providence Acquisition Corp pairs sky-high hopes with blue-sky promises -- and its stock is rocketing into orbit. Stable Road Acquisition joins space names running higher as Ark Investment plans Space ETF Seeking Alpha Jan 14, 2021 10 of 2020's Most Fascinating SPAC Stocks InvestorPlace Jan 07, 2021 You’ll look forward to coming home, whether you plan to curl up on the sofa with a good book or have friends over for dinner … Returns as of 01/24/2021. Rome2rio is a door-to-door travel information and booking engine, helping you get to and from any location in the world. Space-Based Internet Start-Up AST to Go Public via SPAC Deal Lou Whiteman | … Copyright © 2021 InvestorPlace Media, LLC. I wouldn't go quite that far. What "space assets," specifically, does it intend to "deploy", for example? New Providence Acquisition Corp., a special purpose acquisition company, or SPAC, according to a statement Wednesday. BTIG. Read more. It intends to acquire business through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or business combination with one or more businesses. Shares. Additional Information NPA intends to file a preliminary proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the proposed Business Combination, NPA will mail the definitive proxy statement and other … The … Welcome to LoopNet.com! Alex Coleman will be leading as Chairman and Chief Executive Officer, while Gary Smith will be the co-Chief Executive Officer and Director. NPA is a consumer focused SPAC launched in September 2019. But Pounce on the Lucid Motors Merger, Top SPAC Merger News This Week: Lucid Motors, EVgo, Joby Aviation and 7 More Hot SPACs, CCIV Stock: Comparing Lucid Motors to Tesla as ‘Merger Monday’ Hopes Soar, How the Internet Sent GameStop Stock Up 1,000% — And Where It’s Going Next. AST is merging with New Providence Acquisition Corp., a special purpose acquisition company, or SPAC, according to a statement Wednesday. New Providence Acquisition and AST SpaceMobile are preparing to complete their SPAC merger in Q1 2021. This semiconductor and software company for the automotive industry is going public via SPAC Thunder Bridge Acquisition II (THBR) in a deal that values the company at about $1 billion. A shareholder vote is expected in 2021, although a specific date is not cited in the preliminary proxy. A successful IPO could generate enough cash to keep a newly public SpaceMobile in business for years, even if it never makes a profit. And before the year was quite over, we got even more news: A third SPAC-sponsored IPO is in the works. NPA Stock: 10 Things to Know About New Providence Acquisition and the AST SpaceMobile SPAC Merger, which is preparing for its SPAC merger with Momentus, upcoming SPAC merger with AST SpaceMobile, Louis Navellier and the InvestorPlace Research Staff, A Play on the Biggest Scientific Breakthrough of the Century, What Did the Stock Market Do? AST SpaceMobile seeks to set up a new mobile network in space. Upon closing of the transaction, AST SpaceMobile will … Our pet-friendly one and two bedroom apartments for rent in New Providence, New Jersey, are filled with charm and character. AST is building the first space-based cellular broadband network accessible directly by standard mobile phones. Furnished as shown in photos. NPA Stock: 10 Things to Know About New Providence Acquisition and the AST SpaceMobile SPAC Merger InvestorPlace 5 days ago Nikola Stock Has Too Much Further to Go to Be Worth Your Money Now December 23, 2020. Press question mark to learn the rest of the keyboard shortcuts In September 2019, New Providence Acquisition Corp. Spacious & bright 1st floor office space in free standing building on highly traveled street in New Providence. New Providence Acquisition Corp pairs sky-high hopes with blue-sky promises -- and its stock is rocketing into orbit. New Providence Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company has not selected any business combination target and it has not, nor . AST SpaceMobile predicts that, immediately upon going public as Nasdaq ticker symbol ASTS later this quarter, it will assume a "post-transaction enterprise value of $1.4 billion." Cumulative Growth of a $10,000 Investment in Stock Advisor, I Wouldn't Touch This Space IPO With a 62-Mile Pole @themotleyfool #stocks $NPA $SPCE $SRAC, Space-Based Internet Start-Up AST to Go Public via SPAC Deal, Copyright, Trademark and Patent Information. New Providence Acquisition does not have significant operations. NPA Stock: 10 Things to Know About New Providence Acquisition and the AST SpaceMobile SPAC Merger InvestorPlace 5 days ago Nikola Stock Has Too Much Further to … Space currently has 3 private offices, reception area, kitchenette, and private bathroom. two years from now) or "approximately $1 billion" earnings before interest, taxes, depreciation, and amortization by 2024. Copyright © View the following New Providence Office Space listings which have been recently Leased or taken Off-Market.You may broaden your search for historical New Providence Office Space by selecting the available options on the right. $232 million of this comes from cash held by New Providence Acquisition. New Providence Acquisition Corp. (NPA) to Combine with AST SpaceMobile Dec 16, 2020 INTEL by Nicholas Alan Clayton New Providence Acquisition Corp. (NASDAQ:NPA) announced this morning it has entered a business combination agreement with space-based telecom company AST SpaceMobile at an enterprise value of $1.4 billion. A new vote will now be held on December 29. And yet, despite its big numbers, SpaceMobile's plan seems painfully short of specifics. New Providence Files Prelim Proxy on AST SpaceMobile Deal. AST & Science LLC to Become Public Company Through Combination with New Providence Acquisition Corp. (NASDAQ: NPA, NPAUU and NPAWW) AST & Science LLC ("AST SpaceMobile") is building the first and only space-based cellular broadband network accessible directly by standard mobile phones ; AST SpaceMobile to become publicly listed through a business combination with New Providence … AST & Science LLC (AST SpaceMobile), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, has entered into a business combination agreement with New Providence Acquisition Corp., a publicly traded special purpose acquisition company. Reading Time: 2 minutes AST & Science LLC, the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, has announced that it has entered into a business combination agreement with New Providence Acquisition Corp., a publicly-traded special purpose acquisition company. The merged entity will list on the Nasdaq under the symbol “ASTS”, the company said. Midland, […] New Providence Acquisition raised $230 million from its initial public offering (IPO) back in 2019. Search New Providence, NJ commercial real estate for lease or rent by space availability, square footage or lease rate. AST & Science LLC to Become Public Company Through Combination with New Providence Acquisition Corp. … Total. But that doesn't give SpaceMobile a whole lot of leeway to keep its promise of delivering "operating cash flow positive" numbers "in 2023" (i.e. Find the latest New Providence Acquisition Corp (NPAUU) stock quote, history, news and other vital information to help you with your stock trading and investing. The benefits of life at Haven New Providence extend well beyond your apartment home with community amenities that amp up your enjoyment of each day. Rome2rio makes travelling from New York to New Providence easy. Among satellite companies, Maxar soared 20% to 46.56, a new 52-week high, Loral Space jumped 14%, Globalstar added 10%, Orbcomm rose 10%, ViaSat was up 9.35% and Iridium Communications climbed 8.7%. All rights reserved. There’s no direct news today that has NPA stock on the rise. 23 million with over-allotment. Sometime in the next three months, New Providence Acquisition Corp. (NASDAQ:NPA) will acquire and IPO AST SpaceMobile as a publicly traded stock. 21 properties available, complete with high-quality building photos, pricing, and broker contact information. In September 2019, New Providence Acquisition Corp. consummated a $230 million initial public offering (the "IPO") of 23 million units (reflecting the … AST & Science LLC (“AST SpaceMobile”) is building the first and only space-based cellular broadband network accessible directly by standard mobile phones AST SpaceMobile to become publicly listed through a business combination with New Providence Acquisition Corp. (NASDAQ: NPA, NPAUU and NPAWW) Combined company to have an estimated post-transaction enterprise value of $1.4 … That sounds like an incredible return for folks who own NPA, whose stock currently sells for less than $400 million -- about a 275% profit in under three months -- which explains why investors have bid NPA stock up 39% in the last two weeks, aiming to get in on the action. 12/16/20 7:00 AM. Widen the lens a bit, and you might also consider stocks such as satellite communications company Iridium or Earth-imaging company Maxar Technologies. 0. Search Trending Posts. Nasdaq New Providence is a borough on the northwestern edge of Union County, New Jersey, United States.It is located on the Passaic River, which forms the county boundary with Morris County bordering Chatham Township.As of the 2010 United States Census, the population was 12,171, reflecting an increase of 264 (+2.2%) from the 11,907 counted in the 2000 Census, which had … Closed 9/19/19. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Here are the new SPAC mergers that were announced last week. These investors will increase their equity in AST SpaceMobile via the PIPE. 21 properties available, complete with high-quality building photos, pricing, and broker contact information. Envision all the possibilities that life at Haven New Providence presents. New Providence Acquisition is a newly organized blank check company incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. Tweet 0. New SPAC ETF: A new actively managed SPAC ETF was also launched with the SPAC and New Issues ETF (NYSE: SPCX) from Tuttle Tactical Management. Latest NPA New Providence Acquisition Corp News Live. NPA, NPAWW. New Providence Acquisition Corp. Cl A. According to the company's website, "the technology is highly proprietary, and exactly how it works cannot be disclosed." The average size of office space availabilities is 3,030 square feet. New Providence Acquistion filed the transcript of a Q&A with Abel Avellan, CEO of AST SpaceMobile, which has a merger agreement with the SPAC. But NPA announced on Dec. 16 that it will use AST SpaceMobile (officially known as "AST & Science LLC") to create "the first and only space-based cellular broadband network accessible directly by standard mobile phones.". Prospectus Link. New Providence Acquisition is a special purpose acquisition company (SPAC) that raised $230 million in its initial public offering in September 2019.