Company Quick10K Filing
Big Rock Partners Acquisition
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 3 $29
10-Q 2019-11-14 Quarter: 2019-09-30
10-Q 2019-08-14 Quarter: 2019-06-30
10-Q 2019-05-15 Quarter: 2019-03-31
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-03-23 Annual: 2017-12-31
8-K 2020-03-23 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2020-02-11 Delisting
8-K 2020-02-07 Officers
8-K 2019-11-21 Amend Bylaw, Shareholder Vote
8-K 2019-08-21 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2019-08-09
8-K 2019-07-17 Off-BS Arrangement, Other Events
8-K 2019-06-20 Other Events
8-K 2019-05-21 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2019-02-21 Off-BS Arrangement, Other Events, Exhibits
8-K 2019-01-07
8-K 2018-11-17 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits

Big Rock Partners Acquisition Financials

BRPA Metrics, Comps, Filings

Annual | Quarterly

Business

We are a blank check company formed pursuant to the laws of the State of Delaware on September 18, 2017 for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. While our efforts in identifying a prospective target business for our initial business combination will not be limited to a particular industry or geographic region, we intend to initially focus our search on identifying a prospective target business in the senior housing and care industry in the United States, as described below. We have reviewed, and continue to review, opportunities to enter into an initial business combination with an operating business, but we are not able to determine at this time whether we will complete a business combination with any of the target businesses that we have reviewed or with any other target business on favorable terms or at all.

On November 22, 2017, we consummated the initial public offering (the “Initial Public Offering”) of 6,000,000 units (“Units”), each Unit consisting of one share of common stock, par value $0.001 per share (“Common Stock”), one right entitling the holder thereof to receive one-tenth (1/10) of one share of Common Stock upon the consummation of an initial business combination, and one-half of one warrant (“Warrant”), each whole Warrant exercisable to purchase one share of Common Stock at an exercise price of $11.50 per share, pursuant to the registration statements on Form S-1 (File Nos. 333-220947 and 333-221659) (the “Registration Statements”). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $60,000,000. The underwriters of the Initial Public Offering were granted an option to purchase an additional 900,000 Units to cover over-allotments, if any (the “Over-Allotment Units”).

Simultaneously with the consummation of the Initial Public Company, on November 22, 2017, we completed a private placement (the “Private Placement”) of 250,000 units (“Placement Units”) at a price of $10.00 per Placement Unit, generating total proceeds of $2,500,000. The securities issued in the Private Placement were issued in reliance on the exemption from registration provided by Section 4(a)(2) under the Securities Act of 1933, as amended, or Regulation D thereunder, as a sale not involving any public offering.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Infrastructure & Energy Alternatives (IEA) 44,505 5% 7.2 0% 603,804 704,046 1,073,906 56,007 40 52,789 377,607
Gordon Pointe Acquisition (GPAQ) 41,590 19.4 1% 129,241 4,856 0 0 1,691 2,141 41,637
Alberton Acquisition (ALAC) 41,288 28.6 1% 116,874 4,325 0 0 1,437 1,437 41,122
Opes Acquisition (OPES) 39,144 20.8 1% 118,919 490 0 0 1,357 1,875 38,931
Kingold Jewelry (KGJI) 39,007 11% 0.3 1% 3,121,060 2,311,475 2,308,918 261,123 41,718 238,413 82,952
Schultze Special Purpose Acquisition (SAMA) 36,662 26.6 1% 132,448 362 0 0 1,070 1,349 35,913
TMSR Holding (TMSR) 33,959 18% 37.0 -2% 36,516 13,035 23,452 4,281 -690 883 32,623
Union Acquisition (LTN) 33,405 44.5 1% 118,322 113,322 0 0 742 742 33,068
Big Rock Partners Acquisition (BRPA) 29,442 59.3 1% 50,103 2,108 0 0 421 497 29,441
Tenzing Acquisition (TZACU) 26,364 28.2 1% 65,989 2,241 0 0 926 926 26,091
DD3 Acquisition (DDMXU) 21,774 92.2 0% 56,845 51,845 0 0 234 234 21,598
EdtechX Holdings Acquisition (EDTXU) 21,558 40.4 1% 65,695 1,603 0 0 354 524 21,171
Tottenham Acquisition I (TOTA) 20,513 94.9 0% 47,469 2,014 0 0 211 211 19,976
Greenland Acquisition (GLAC) 19,996 -133.1 -0% 45,227 1,290 0 0 -148 -148 19,651
HL Acquisitions (HCCH) 19,491 23.6 1% 56,342 51,342 0 0 825 825 19,475
Sito Mobile (SITO) 18,719 41% -1.4 -59% 24,817 18,288 42,496 17,264 -14,534 -13,843 20,002
Longevity Acquisition (LOAC) 17,935 -7,451.8 -0% 41,171 1,082 0 0 -2 -2 17,497
Bsquare (BSQR) 16,099 19% -0.7 -57% 24,967 13,132 62,809 11,863 -14,334 -13,519 9,166
Silversun Technologies (SSNT) 15,018 41% 18.1 2% 12,792 8,354 42,925 17,692 280 877 15,908
SPAR Group (SGRP) 14,562 136% 1.7 9% 86,880 57,995 35,780 48,791 7,847 12,374 21,552

Balance Sheet ($'000)2017-12-312018-12-31
Cash44911
Accounts Receivable
Inventory
PP&E
Assets69,56670,796
Accounts Payable
Long-Term Debt690
Liabilities64,5661,257
Stockholders' Equity5,0005,000
Income Statement ($'000)2017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A
Tax16
Net Income66
Cash Flow ($'000)2017-12-312018-12-31
Cash Operating-473
Cash Investing-648
Cash Financing682