ESH Acquisition Corp.
We intend to focus our search on businesses in the global entertainment, sports and hospitality sectors. (Incorporated in Delaware)
Allen Weiss, a former Disney executive, is the sponsoring founder and chairman of our board of directors. From 1972 to 2011, Mr. Weiss had a career at Disney in various roles. From 1994 to 2003, he served as president of Walt Disney World, and from 2003 to 2011, he served as the president of World Wide Operations for Disney’s $10 billion, 95,000-employee Walt Disney Parks and Resorts business.
Earvin “Magic” Johnson is our vice chairman. Magic, having left the basketball court for the boardroom, has successfully parlayed his skills and tenacity from the court into the business world as Chairman and CEO of Magic Johnson Enterprises (MJE). MJE provides high-quality products and services that focus primarily on ethnically diverse and underserved urban communities.
Still a commanding presence in popular culture, Mr. Johnson made history in 2012 when he became co-owner of MLB’s Los Angeles Dodgers. He also co-owns the Los Angeles Sparks of the WNBA, Major League Soccer’s Los Angeles Football Club, and eSports franchise Team Liquid. He continues to expand his influence through his many businesses that include: EquiTrust Life Insurance Company, and SodexoMAGIC, a food service and facilities management company.
(Note: ESH Acquisition Corp. priced its SPAC IPO on June 13, 2023, in sync with the terms in its prospectus: 10 million units at $10.00 each to raise $100.0 million. At pricing, ESH Acquisition Corp. became the 16th SPAC IPO priced so far in 2023. Background: ESH Acquisition Corp. cut its SPAC IPO by two-thirds – or 67 percent – in an S-1/A filing dated May 22, 2023, to 10.0 million units – down from 30.0 million units initially – and kept the SPAC IPO price at $10.00 per unit – to raise $100.0 million. In the May 22, 2023, filing with the SEC, ESH Acquisition also changed the composition of its units. Each unit will now consist of one share of common stock and one right to receive 1/10th (one-tenth) of a share of stock at the completion of the initial business combination. Previously each unit was to have consisted of one share of common stock and one warrant to buy one share. The New York-based blank check company filed its S-1 in May 2022.)
|Address||228 Park Ave S, Suite 89898 New York, New York 10003-1502|
|Phone Number||(212) 287-5022|
|View Prospectus:||ESH Acquisition Corp.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$100.0 mil|
|Manager / Joint Managers||I-Bankers Securities, Inc./ IB Capital LLC|
|CO-Managers||Dawson James Securities|
|Expected To Trade:||6/14/2023|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|