Company Quick10K Filing
DD3 Acquisition
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 2 $22
10-Q 2020-01-31 Quarter: 2019-12-31
10-Q 2019-11-15 Quarter: 2019-09-30
10-K 2019-09-20 Annual: 2019-06-30
10-Q 2019-05-14 Quarter: 2019-03-31
10-Q 2019-02-12 Quarter: 2018-12-31
10-Q 2018-11-26 Quarter: 2018-09-30
S-1 2018-09-19 Public Filing
8-K 2020-02-13 Shareholder Rights, Exhibits
8-K 2020-02-07 Shareholder Vote
8-K 2020-02-03 Enter Agreement, Exhibits
8-K 2019-11-26 Amend Bylaw, Exhibits
8-K 2019-11-18 Regulation FD, Other Events, Exhibits
8-K 2019-09-23 Enter Agreement, Other Events, Exhibits
8-K 2019-08-05 Regulation FD, Other Events, Exhibits
8-K 2019-08-02 Enter Agreement, Exhibits
8-K 2018-10-23 Sale of Shares, Other Events, Exhibits
8-K 2018-10-16 Other Events, Exhibits
8-K 2018-10-11 Sale of Shares, Officers, Amend Bylaw, Other Events, Exhibits

DD3 Acquisition Financials

DDMXU Metrics, Comps, Filings

Annual | Quarterly

Business

We are a blank check company incorporated under the laws of the British Virgin Islands on July 23, 2018 for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities, which we refer to in this report as our initial business combination. On August 2, 2019, we entered into a Combination and Stock Purchase Agreement (the “Business Combination Agreement”) with Campalier, S.A. de C.V., Promotora Forteza, S.A. de C.V., Strevo, S.A. de C.V. (collectively, the “Sellers”), Betterware de México, S.A. de C.V. (“Betterware”), BLSM Latino América Servicios, S.A. de C.V. (“BLSM”), and, solely for the purposes of Article XI therein, our sponsor, pursuant to which we agreed to merge (the “Merger”) with and into Betterware in a business combination (the “Business Combination”) that will result in Betterware surviving the Merger (the “combined company”) and BLSM becoming a wholly-owned subsidiary of the combined company.

In July 2018, we issued 1,473,500 founder shares to our sponsor for $25,000 in cash, at a purchase price of approximately $0.02 per share. In September 2018, our sponsor forfeited 36,000 founder shares, resulting in an aggregate of 1,437,500 founder shares outstanding. In November 2018, our sponsor forfeited 46,250 founder shares following the expiration of the unexercised portion of the over-allotment option granted to the underwriters in connection with our initial public offering, thereby reducing the number of founder shares held by the sponsor to 1,391,250.

The registration statement on Form S-1 (File No. 333-227423) for our initial public offering was declared effective by the Securities and Exchange Commission (the “SEC”) on October 11, 2018. On October 16, 2018, we consummated our initial public offering of 5,000,000 units, with each unit consisting of one ordinary share, no par value, and one warrant, each warrant exercisable to purchase one ordinary share at an exercise price of $11.50 per share. On October 23, 2018, the underwriters for our initial public offering purchased an additional 565,000 units pursuant to the partial exercise of their over-allotment option. The units in our initial public offering were sold at an offering price of $10.00 per unit, generating total gross proceeds of $55,650,000.


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
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
China Recycling Energy (CREG) 6,926 -0.1 -43% 167,384 86,586 0 0 -71,469 -61,547 3,732

Balance Sheet ($'000)2019-06-30
Cash176
Accounts Receivable
Inventory
PP&E
Assets56,845
Accounts Payable
Long-Term Debt
Liabilities51,845
Stockholders' Equity5,000
Income Statement ($'000)2019-06-30
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A
Tax
Net Income227
Cash Flow ($'000)2019-06-30
Cash Operating-301
Cash Investing-55,650
Cash Financing56,126