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    LJAQ Vol: 178.0

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    LJAQW Vol: 700.0

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    LJAQU Vol: 3.0

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SPAC Stats

Market Cap: 171.4M
Average Volume: 4.7K
52W Range: $9.55 - $9.93
Weekly %: -0.30%
Monthly %: -0.10%
Inst Owners: 41


Target: Searching
Days Since IPO: 323
Unit composition:
Each unit consists of one share of common stock and one warrant
Trust Size: 10000000.0M


Our current directors and executive officers are as follows: Name Age Title Robert M. Bennett 57 Chairman and Chief Executive Officer William W. Bunker 51 Vice-Chairman and Chief Financial Officer Eric Ver Ploeg 55 President Patrick Brandt 48 Vice President of Acquisitions James W. Keyes 65 Director Jeffrey A. Rich 60 Director Andrew D. Hamer 57 Director Robert M. Bennett, our Chairman and Chief Executive Officer since July 2020 has over 30 years of private equity experience in technology, media and manufacturing businesses. Mr. Bennett has broad experience in building proprietary deal sourcing, raising financing and closing acquisition transactions and then growing those businesses and selling them to strategic acquirers. Since 1997, Mr. Bennett has served as Chief Executive Officer of the First Lexington organization, a private equity sponsor group that has led many transactions. From 2014 to 2017, Mr. Bennett was Chief Executive Officer of ViewMarket, Inc., a company he co-founded that acquired CultureMap, a digital media company. ViewMarket was subsequently sold to Gow Media, LLC in 2017. Since 2017, Mr. Bennett has also served as Chairman and Chief Executive Officer of Jon D. Williams Cotillions, Inc., a national social education provider. From 1997 to 2019, Mr. Bennett was Chief Executive Officer of Long-Lok Fasteners Corporation, a next generation proprietary aerospace fasteners company in which he purchased two additional “bulk up” businesses, Bernic Screw Corp and A&W Screw Corp. The company was sold to Novaria Group, LLC in December 2019. Since 2003, Mr. Bennett has also served as Vice Chairman of Modulant Solutions, an IT services and software company that he co-founded and later acquired Product Data Integration Technologies, Inc. From 1999 to 2003, Mr. Bennett was Chairman of Springbow Solutions, Inc., a company he co-founded that acquired three IT service companies and provided next generation IT, portal and web services. The company was sold to Soflink, Inc. in 2005. In the 1990s, Mr. Bennett acquired and sold various media and manufacturing businesses. William W. Bunker, our Vice-Chairman since July 2020 and Chief Financial Officer, co-founded the largest dating site of the 1990s, which became and was ultimately sold for $47.5 million to Ticketmaster in 1999. He served as President of the rebranded site during the transition. After, he became a co-founder of Critical Watch, an enterprise security company that was sold to Alert Logic in 2015. Mr. Bunker co-founded two seed stage VC funds, Silicon Valley Growth Syndicate in 2013 which he managed actively until 2016 and GrowthX which Mr. Bunker has operated since 2016. He has invested in over 150 startups. Eric Ver Ploeg, our President since July 2020, has over 20 years of Silicon Valley high-tech startup and investment experience. From 2017 to 2020, Dr. Ver Ploeg was a Managing Director of Deutsche Telekom Capital Partners venture group, a growth stage focused venture capital investor, where he was involved with the firm’s investments in cloud infrastructure company Fastly (NYSE: FSLY), enterprise SaaS company Dynamic Signal, and cyber security company Anomali. From 2015 to early 2017, Dr. Ver Ploeg was acting as an independent venture investor. From 2001 to 2008, Dr. Ver Ploeg was a Managing Director of VantagePoint Venture Partners, where he was involved in the funding of many private companies, including Spatial Wireless and OZ Communications. Dr. Ver Ploeg co-managed the quantitative hedge fund, Recursive Capital, and has made personal investments into private companies in the crypto, fintech, marketplace, and enterprise SaaS sectors. Before beginning his investment career, Dr. Ver Ploeg was the co-founder of two venture-backed startup companies, which raised multiple rounds of venture capital. Patrick Brandt, our Vice President of Corporate Development since July 2020, has over 20 years of experience in enterprise software with a proven track record of leading companies through rapid growth, expansion, acquisition, and exits. Since 2016 Brandt has been President and a member of the Board of Directors of Shiftsmart, Inc. a labor management platform he co-founded. Additionally, he serves as Chairman of the Board of OneDay, a venture backed video technology start-up. From 2009 to 2015, Brandt served as Chairman and CEO of Telligent Systems, Inc., which became Zimbra, Inc. following the acquisition of the Zimbra assets from VMWare (NYSE: VMW) in 2013; and then in 2015 sold Zimbra to Synacor (NASDAQ: SYNC) and Telligent to Verint Systems, Inc. (NASDAQ: VRNT). Brandt was also the founder and CEO of Skywire Software in 2000. During his eight-year tenure at Skywire Software, 64 Table of Contents Brandt led the company through organic growth and 11 acquisitions, including the leveraged buyout of Docucorp (NASDAQ: DOCC) in 2007. In July of 2008, Brandt led and negotiated the sale of Skywire Software’s enterprise software business to Oracle (NASDAQ: ORCL) and Skywire Software’s BPO business to Kubra, a private-equity backed outsourcer. Brandt remained on the Board of Directors, and served as Chairman of iWave Software, a spin-off of Skywire Software, until its sale to EMC (NYSE: EMC) in December 2012. James W. Keyes, a member of the board of directors since December 2020, served as Chairman and Chief Executive Officer of Blockbuster, Inc. (a provider of movie and video game rental services) from 2007 to 2010, leading a successful restructuring of the business and subsequent sale to Dish Networks where he stayed on as a senior advisor to oversee Blockbuster’s integration. Prior to Blockbuster, from 2000-2005, Keyes served as President and CEO of 7-Eleven, Inc. The role of global CEO culminated a 21 year career in which he served multiple roles from Chief Financial Officer to Chief Operating Officer and finally CEO of the Fortune 500 company. After leading a successful transformation of 7-Eleven, he oversaw the company’s sale to Ito Yokado in 2005 with a tenfold improvement in market capitalization during his tenure. Mr. Keyes graduated Cum Laude and Phi Beta Kappa from the College of the Holy Cross with a degree in Political Science. He then earned an Masters in Business Administration from the Columbia Graduate School of Business. Mr. Keyes remains active at his alma maters, serving on the Board of Trustees for College of the Holy Cross since 2017 and on the Board of Overseers for the Columbia Business School since 2010. Mr. Keyes has been a member of Dallas Symphony Association’s Board of Governors since 2001, serving as Chairman of the Board from 2004 to 2006. Since 2005 he has served on the Board of Directors and Chairman of the Investment Committee for the Cooper Institute, a nonprofit organization dedicated to promoting health and wellness through research, education and advocacy. Since 2014 he has been on the Board of Directors of Murphy USA, which operates more than 1,470 retail gas stations in 26 states. He has also served on the American Red Cross National Board of Governors and chaired the American Red Cross National Philanthropic Board. Jeffrey A. Rich, a member of the board of directors since December 2020, has served as an Operating Partner at Sunstone Partners, a San Mateo based growth equity firm, since 2015. Sunstone invests in high growth software and technology enabled services companies, focused in one of four sectors: Cloud and Enterprise IT, Healthcare IT, Internet and Marketing Services, and Cybersecurity. Mr. Rich also serves as the Managing Director of Plumtree Partners LLC, since 2006, which is his private family investment firm. Mr. Rich previously served as the Chief Executive Officer at Affiliated Computer Services, Inc. from 1998 to 2005, where he oversaw the company from its inception through its initial public offering to become a Fortune 500 company with over $5 billion of annual revenues and 50,000 employees worldwide. Mr. Rich currently serves on the board of directors of Cloudbakers Holdings, LLC, Avertium Holdings, LLC, Nexa Receptionists Holdings, LLC, OSF Global Services, Inc., and BP3 Global, Inc. He also serves on the boards of The Horatio Alger Association, Best Buddies International and the TD Jakes Foundation, each a non-profit organization. He has previously served as a Director of OutMatch Holdings, LLC, Onica Holdings, LLC, Fruition Partners, Inc., Zimbra, Inc., Digital Generation, Inc., RoyaltyShare, Inc., Pegasus Systems, Inc., Affiliated Computer Services, Inc., The Dallas Symphony Association and The University of Michigan Business School. Mr. Rich holds a BBA degree from the University of Michigan Business School and is a member of The Horatio Alger Association and Young President’s Organization (YPO). Andrew D. Hamer, a member of the board of directors since December 2020, has served as Chief Financial Officer for Velodyne Lidar (NASDAQ: VLDR), the leading lidar provider, since April of 2019. Velodyne Lidar completed its merger with Graf Industrial Corp., a SPAC, in September 2020. He is a seasoned finance executive with over 25 years of financial leadership experience at public and pre-public technology companies. From 2010 to 2016, Mr. Hamer served as the Chief Financial Officer of ON24 Inc. where he was involved with the companies pivot to a SaaS based business model and capital raising efforts. From 2005 to 2010, Mr. Hamer was the Chief Financial Officer of Keynotes Systems (NASDAQ: KEYN) where he was involved in the company’s international expansion that included the 2006 acquisition of Sigos Systems GMBH. From 1997 to 2000, Mr. Hamer was the Director of Finance at [email protected] where was a core member in the team completing @Home Corporation’s IPO in 1997 and subsequent acquisition and integration of Excite Inc. in 1999. Mr. Hamer graduated with a Master of Accounting at Florida International University, Miami, Florida in 1991; a Bachelor of Science in Accounting from Binghamton University, Binghamton, New York in 1986; and an Associate of Arts in Business from County College of Morris in Randolph, New Jersey in 1984. Our board of directors will be divided into three classes with only one class of directors being elected in each year and each class serving a three-year term. The term of office of the first class of directors, consisting of Jeffrey A. Rich, will expire at our first annual meeting of stockholders. The term of office of the second class of directors, consisting of Andrew D. Hamer and James W. Keyes, will expire at the second annual meeting. The term of office of the third class of directors, consisting of Robert M. Bennett and William W. Bunker, will expire at the third annual meeting. 65 Table of Contents Executive Compensation No executive officer has received any cash compensation for services rendered to us. Commencing on the date of this prospectus through the acquisition of a target business or our liquidation of the trust account, we will pay LightJump One Founders, LLC, an affiliate of our executive officers, $10,000 per month for providing us with office space and certain office and secretarial services. However, this arrangement is solely for our benefit and is not intended to provide our officers or directors compensation in lieu of a salary. Other than the $10,000 per month administrative fee, the payment of consulting, success or finder fees to our sponsor, officers, directors, initial stockholders or their affiliates in connection with the consummation of our initial business combination and the repayment of the $150,000 loan made by an affiliate of our chief executive officer to us, no compensation or fees of any kind will be paid to our sponsor, initial stockholders, members of our management team or their respective affiliates, for services rendered prior to or in connection with the consummation of our initial business combination (regardless of the type of transaction that it is). However, they will receive reimbursement for any out-of-pocket expenses incurred by them in connection with activities on our behalf, such as identifying potential target businesses, performing business due diligence on suitable target businesses and business combinations as well as traveling to and from the offices, plants or similar locations of prospective target businesses to examine their operations. There is no limit on the amount of consulting, success or finder fees payable by us upon consummation of an initial business combination. Additionally, there is no limit on the amount of out-of-pocket expenses reimbursable by us; provided, however, that to the extent such expenses exceed the available proceeds not deposited in the trust account, such expenses would not be reimbursed by us unless we consummate an initial business combination. After our initial business combination, members of our management team who remain with us may be paid consulting, management or other fees from the combined company with any and all amounts being fully disclosed to stockholders, to the extent then known, in the proxy solicitation materials furnished to our stockholders. However, the amount of such compensation may not be known at the time of the stockholder meeting held to consider an initial business combination, as it will be up to the directors of the post-combination business to determine executive and director compensation. In this event, such compensation will be publicly disclosed at the time of its determination in a Current Report on Form 8-K or a periodic report, as required by the SEC. Director Independence Currently James W. Keyes, Jeffrey A. Rich and Andrew D. Hamer would each be considered an “independent director” under the Nasdaq listing rules, which is defined generally as a person other than an officer or employee of the company or its subsidiaries or any other individual having a relationship, which, in the opinion of the company’s board of directors would interfere with the director’s exercise of independent judgment in carrying out the responsibilities of a director. Our independent directors will have regularly scheduled meetings at which only independent directors are present. Any affiliated transactions will be on terms no less favorable to us than could be obtained from independent parties. Our board of directors will review and approve all affiliated transactions with any interested director abstaining from such review and approval. Audit Committee Effective upon the date of this prospectus, we will establish an audit committee of the board of directors, which will consist of James W. Keyes, Jeffrey A. Rich and Andrew D. Hamer, each of whom is an independent director under Nasdaq’s listing standards. The audit committee’s duties, which are specified in our Audit Committee Charter, include, but are not limited to: • reviewing and discussing with management and the independent auditor the annual audited financial statements, and recommending to the board whether the audited financial statements should be included in our Form 10-K; • discussing with management and the independent auditor significant financial reporting issues and judgments made in connection with the preparation of our financial statements; • discussing with management major risk assessment and risk management policies; • monitoring the independence of the independent auditor; 66 Table of Contents • verifying the rotation of the lead (or coordinating) audit partner having primary responsibility for the audit and the audit partner responsible for reviewing the audit as required by law; • reviewing and approving all related-party transactions; • inquiring and discussing with management our compliance with applicable laws and regulations; • pre-approving all audit services and permitted non-audit services to be performed by our independent auditor, including the fees and terms of the services to be performed; • appointing or replacing the independent auditor; • determining the compensation and oversight of the work of the independent auditor (including resolution of disagreements between management and the independent auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work; • establishing procedures for the receipt, retention and treatment of complaints received by us regarding accounting, internal accounting controls or reports which raise material issues regarding our financial statements or accounting policies; and • approving reimbursement of expenses incurred by our management team in identifying potential target businesses. Financial Experts on Audit Committee The audit committee will at all times be composed exclusively of “independent directors” who are “financially literate” as defined under Nasdaq’s listing standards. Nasdaq’s standards define “financially literate” as being able to read and understand fundamental financial statements, including a company’s balance sheet, income statement and cash flow statement. In addition, we must certify to Nasdaq that the committee has, and will continue to have, at least one member who has past employment experience in finance or accounting, requisite professional certification in accounting, or other comparable experience or background that results in the individual’s financial sophistication. The board of directors has determined that Andrew D. Hamer qualifies as an “audit committee financial expert,” as defined under rules and regulations of the SEC. Nominating Committee Effective upon the date of this prospectus, we will establish a nominating committee of the board of directors, which will consist of James W. Keyes, Jeffrey A. Rich and Andrew D. Hamer, each of whom is an independent director under Nasdaq’s listing standards. The nominating committee is responsible for overseeing the selection of persons to be nominated to serve on our board of directors. The nominating committee considers persons identified by its members, management, stockholders, investment bankers and others. Guidelines for Selecting Director Nominees The guidelines for selecting nominees, which are specified in the Nominating Committee Charter, generally provide that persons to be nominated: • should have demonstrated notable or significant achievements in business, education or public service; • should possess the requisite intelligence, education and experience to make a significant contribution to the board of directors and bring a range of skills, diverse perspectives and backgrounds to its deliberations; and • should have the highest ethical standards, a strong sense of professionalism and intense dedication to serving the interests of the stockholders. The Nominating Committee will consider a number of qualifications relating to management and leadership experience, background and integrity and professionalism in evaluating a person’s candidacy for membership on the board of directors. The nominating committee may require certain skills or attributes, such as financial or accounting 67 Table of Contents experience, to meet specific board needs that arise from time to time and will also consider the overall experience and makeup of its members to obtain a broad and diverse mix of board members. The nominating committee does not distinguish among nominees recommended by stockholders and other persons. Compensation Committee Effective upon the date of this prospectus, we will establish a compensation committee of the board of directors, which will consist of James W. Keyes, Jeffrey A. Rich and Andrew D. Hamer, each of whom is an independent director under Nasdaq’s listing standards. The compensation committee’s duties, which are specified in our Compensation Committee Charter, include, but ar

Holder Stats

1 0
% of Shares Held by All Insider 17.27%
% of Shares Held by Institutions 51.07%
% of Float Held by Institutions 61.74%
Number of Institutions Holding Shares 41

Mutual Fund Holders

Holder Shares Date Reported Value % Out
RiverNorth Opportunities Fd 28126 2021-07-30 275353 0.16
Investment Managers Ser Tr II-Vivaldi Multi-Strategy Fd 2964 2021-06-29 28958 0.02
Greenspring Fund, Incorporated 2900 2021-06-29 28333 0.02
Fidelity NASDAQ Composite Index Fund 1028 2021-07-30 10064 0.01

Institutional Holders

Reporting Date Hedge Fund Shares Held Market Value % of Portfolio Quarterly Change in Shares Ownership in Company
2021-11-16 Millennium Management LLC 61,598 $610,000 0.0% +68.3% 0.355%
2021-11-16 Citadel Advisors LLC 57,403 $570,000 0.0% -3.3% 0.330%
2021-11-16 CNH Partners LLC 93,950 $930,000 0.0% +54.4% 0.541%
2021-11-16 Castle Creek Arbitrage LLC 591,720 $5,830,000 0.3% 0 3.407%
2021-11-15 Berkley W R Corp 321,100 $3,160,000 0.2% +19.7% 1.849%
2021-11-15 Omni Partners US LLC 205,484 $2,020,000 0.1% +4.5% 1.183%
2021-11-15 Dark Forest Capital Management LP 59,318 $580,000 0.2% 0 0.341%
2021-11-12 Wolverine Asset Management LLC 40,521 $400,000 0.0% +594.9% 0.233%
2021-11-12 Cohanzick Management LLC 54,190 $530,000 0.1% +14.1% 0.312%
2021-11-12 Magnetar Financial LLC 10,225 $100,000 0.0% 0 0.059%
2021-11-09 Basso Capital Management L.P. 472,452 $4,650,000 0.5% +11.2% 2.720%
2021-10-28 Mizuho Securities USA LLC 50,000 $490,000 0.0% -71.8% 0.288%
2021-08-17 Kohlberg Kravis Roberts & Co. L.P. 44,127 $430,000 0.0% +151.4% 0.250%
2021-08-17 Millennium Management LLC 36,598 $360,000 0.0% 0 0.207%
2021-08-17 Aristeia Capital LLC 725,000 $7,080,000 0.1% 0 4.107%
2021-08-17 Citadel Advisors LLC 59,361 $580,000 0.0% +5.2% 0.336%
2021-08-16 CNH Partners LLC 60,830 $590,000 0.0% +32.2% 0.345%
2021-08-16 Alberta Investment Management Corp 52,213 $510,000 0.0% +74.0% 0.296%
2021-08-16 Berkley W R Corp 268,225 $2,620,000 0.3% +316.5% 1.520%
2021-08-16 Cohanzick Management LLC 47,500 $460,000 0.1% 0 0.269%
2021-08-16 Goldman Sachs Group Inc. 94,400 $920,000 0.0% +5.1% 0.535%
2021-08-13 Shaolin Capital Management LLC 380,450 $3,720,000 0.1% +26.8% 2.155%
2021-08-11 Panagora Asset Management Inc. 3,628 $35,000 0.0% 0 0.021%
2021-08-03 Landscape Capital Management L.L.C. 42,292 $410,000 0.1% 0 0.240%
2021-05-27 Davidson Kempner Capital Management LP 500,000 $4,850,000 0.1% 0 2.879%
2021-05-18 Fir Tree Capital Management LP 200,000 $1,940,000 0.1% 0 1.151%
2021-05-18 Berkley W R Corp 64,394 $630,000 0.1% 0 0.371%
2021-05-18 Rivernorth Capital Management LLC 99,998 $970,000 0.1% 0 0.576%
2021-05-18 Karpus Management Inc. 91,430 $890,000 0.0% 0 0.526%
2021-05-18 Davidson Kempner Capital Management LP 500,000 $4,850,000 0.1% 0 2.879%
2021-05-18 Citadel Advisors LLC 56,430 $550,000 0.0% 0 0.325%
2021-05-18 Radcliffe Capital Management L.P. 430,000 $4,170,000 0.2% 0 2.476%
2021-05-18 Jane Street Group LLC 87,017 $840,000 0.0% 0 0.501%
2021-05-17 Schonfeld Strategic Advisors LLC 10,000 $97,000 0.0% 0 0.058%
2021-05-17 Shaolin Capital Management LLC 300,000 $2,910,000 0.1% 0 1.727%
2021-05-17 Kohlberg Kravis Roberts & Co. L.P. 17,552 $170,000 0.0% 0 0.101%
2021-05-17 Saba Capital Management L.P. 235,459 $2,280,000 0.1% 0 1.356%
2021-05-17 CNH Partners LLC 46,000 $450,000 0.0% 0 0.265%
2021-05-17 Polar Asset Management Partners Inc. 300,000 $2,910,000 0.0% 0 1.727%
2021-05-17 683 Capital Management LLC 150,000 $1,460,000 0.1% 0 0.864%
2021-05-17 Nomura Holdings Inc. 56,100 $540,000 0.0% 0 0.323%
2021-05-17 Marathon Trading Investment Management LLC 25,000 $240,000 0.0% 0 0.144%
2021-05-17 Goldman Sachs Group Inc. 89,800 $870,000 0.0% 0 0.517%
2021-05-14 Picton Mahoney Asset Management 325,000 $3,150,000 0.1% 0 1.871%
2021-05-14 Periscope Capital Inc. 775,000 $7,520,000 0.3% 0 4.462%
2021-05-10 Basso Capital Management L.P. 424,999 $4,120,000 0.6% 0 2.447%
2021-05-07 Alberta Investment Management Corp 30,000 $290,000 0.0% 0 0.173%
2021-05-05 Exos Asset Management LLC 23,606 $230,000 0.2% 0 0.136%
2021-05-04 Picton Mahoney Asset Management 325,000 $3,150,000 0.2% 0 1.871%

SEC Filings

Form Type Form Description Filing Date Document Link
10-Q QUARTERLY REPORT 2021-11-22
SC 13G FORM SC 13G 2021-10-29
10-Q QUARTERLY REPORT 2021-08-16
10-Q QUARTERLY REPORT 2021-07-02
8-K CURRENT REPORT 2021-06-02
10-K ANNUAL REPORT 2021-04-15
8-K/A CURRENT REPORT 2021-03-16
8-K CURRENT REPORT 2021-03-11
10-Q QUARTERLY REPORT 2021-03-01
SC 13G SC 13G 2021-03-01
8-K CURRENT REPORT 2021-01-20
3 2021-01-19
3 2021-01-19
3 2021-01-19
3 2021-01-19
3 2021-01-19
3 2021-01-19
3 2021-01-19
424B4 PROSPECTUS 2021-01-12
EFFECT 2021-01-08
CERT 2021-01-08
CORRESP 2021-01-07
CORRESP 2021-01-07
UPLOAD 2021-01-06
UPLOAD 2021-01-04
DRSLTR 2020-10-09
DRS 2020-10-09