Filing Details
- Accession Number:
- 0001615774-18-001454
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-26 14:43:29
- Reporting Period:
- 2015-11-24
- Accepted Time:
- 2018-02-26 14:43:29
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1622175 | Baringtonlco Acquisition Corp. | BHAC | Blank Checks (6770) | 471455824 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1629131 | Hilco Trading, Llc | 5 Revere Drive, Suite 2056 Northbrook, IL 60062 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2015-11-24 | 15,650 | $0.02 | 435,709 | No | 4 | P | Indirect | See fotnote |
| Common Stock | Acquisiton | 2015-11-24 | 5,000 | $10.00 | 127,500 | No | 4 | P | Indirect | See fotnote |
| Common Stock | Disposition | 2018-01-08 | 435,709 | $0.00 | 0 | No | 4 | J | Indirect | See fotnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | See fotnote |
| No | 4 | P | Indirect | See fotnote |
| No | 4 | J | Indirect | See fotnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrants | Acquisiton | 2015-11-24 | 2,500 | $10.00 | 2,500 | $12.50 |
| Common Stock | Right | Acquisiton | 2015-11-24 | 500 | $10.00 | 500 | $0.00 |
| Common Stock | Warrants | Disposition | 2018-01-08 | 63,750 | $0.00 | 63,750 | $12.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 63,750 | No | 4 | P | Indirect | ||
| 12,750 | No | 4 | P | Indirect | ||
| 0 | No | 4 | J | Indirect |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Right | $0.00 | 12,750 | 12,750 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 12,750 | 12,750 | Indirect |
Footnotes
- Represents the shares of common stock beneficially owned by Hilco Merchant Resources, LLC ("Hilco").
- Represents sponsor insider shares acquired by Hilco in connection with the initial public offering of the Issuer and 15,650 insider shares acquired pursuant to a private purchase on November 24, 2015 (the "2015 Purchase").
- Represents the shares of common stock underlying the 127,500 Units of the Issuer that Hilco owns pursuant to the initial public offering and the 2015 Purchase. Each unit ("Unit") consists of one share of common stock, one right ("Right") to automatically receive one-tenth of one share of common stock upon consummation of the Issuer's initial business combination and one warrant ("Warrant") for the purchase of one-half of one share of common stock at a price of $12.50 per full share.
- In connection with the transfer of shares of common stock and warrants of the Issuer, pursuant to an agreement, dated January 3, 2018 (the "Agreement"), between the Issuer, the purchasers party thereto (the "Purchasers"), Hilco and other sellers party thereto, the Purchasers agreed that they would cause to be paid certain obligations of the Issuer in the amount of approximately $2,213,229.11.
- Latter of (i) completion of initial business combination and (ii) 12 months from date of prospectus.
- 3 years after completion of initial business combination.
- Represents the shares of common stock underlying the 5,000 Units of the Issuer that Reporting Person acquired pursuant to the 2015 Purchase. Each Unit consists of one share of common stock, one Right, and one Warrant.
- N/A
- Each Right entitles the holder to automatically receive one-tenth (1/10) of one share of the Issuer's common stock upon consummation of the Issuer's initial business combination.
- If the Issuer fails to consummate an initial business combination by June 30, 2018 (unless the date to consummate a business combination is extended), the Issuer will be dissolved and the Rights will expire worthless.
- Represents the shares of common stock underlying the 127,500 Units of the Issuer that Hilco owns pursuant to the initial public offering and the 2015 Purchase. Each Unit consists of one share of common stock and one Right. The related Warrant was transferred to the Purchasers pursuant to the transactions contemplated by the Agreement.
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