RMNI News

Rimini Street (RMNI.XX), an independent provider of enterprise software support services, officially withdrew its IPO filing on Tuesday, following the completion of its merger with publicly-traded blank check company GP Investments Acquisition (Former ticker: GPIA), which was originally announced in May 2017. The SPAC ...read more

GP Investments Acquisition, a blank check company formed by GP Investments and focused on the consumer sector, raised $150 million by offering 15 million units at $10 each. Each unit has an offering price of $10 and consists of one ordinary share and one-half of one warrant. Each whole warrant entitles the holder to purchase one ordinary share at a price of $11.50 per share....read more

GP Investments Acquisition, a blank check company formed by GP Investments and focused on the consumer sector, filed on Friday with the SEC to raise up to $150 million in an initial public offering. The New York, NY-based company, which was formed in 2015, plans to list on the NASDAQ under the symbol GPIAU. GP Investments Acquisition initially filed confidentially on March...read more

Even with one month left to go, the first quarter of 2014 has already seen more IPOs than the first quarter of 2013 (37 vs. 31). YTD proceeds are 27% higher than last year, despite a 31% dip in average deal size. It does not appear that activity will slow down in March, either: the number of initial filings in January and February is the highest it has been in over a decade....read more