Infrastructure & Energy Alternatives, Inc.
Cash in trust
$151.1M
$151,057,980
Trust per share
$10.07
Redemption value
IPO
Jul 2016
—
Combination deadline
—
Not disclosed
Filings on record
603
Latest Nov 1, 2022
Business combination
- Target
- Not disclosed in an indexed filing
- Announced
- Dec 8, 2017
- Closed
- Mar 29, 2018
Overview
Infrastructure & Energy Alternatives, Inc. is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001652362. It completed its initial public offering in Jul 2016. The vehicle is sponsored by Infrastructure & Energy Alternatives. The mandate targets financial services, healthcare, industrials. Business combination closed; the company trades under a new ticker.
“We intend to focus our efforts on seeking and consummating an initial business combination with a company that has an enterprise value of between $350 million and $750 million, although a target entity with a smaller or larger enterprise value may be considered.”
Reading the filings
Arithmetic on what Infrastructure & Energy Alternatives, Inc. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Trust versus the $10 unit
The trust holds $10.07 per public share, 0.7% above the $10.00 the units were sold at. That spread is accrued interest on the trust and, where the charter provides for it, sponsor contributions paid in to buy more time. It is the floor a public shareholder can redeem at, not a valuation of the business.
Sponsor record
Infrastructure & Energy Alternatives has launched 2 vehicles. Of the 2 that have resolved, 2 closed a combination and 0 liquidated, a 100% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.
Underwriting
Cantor Fitzgerald led the offering. It has been named on 114 SPAC IPOs, book-running 101 of them, and 21.4% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
SEC filing history
Free tier: filings older than 24 hours- 15-12G
Deregistration of securities
Accession 0001104659-22-113353
- EFFECT
Notice of effectiveness
Accession 9999999995-22-003015
- EFFECT
Notice of effectiveness
Accession 9999999995-22-003013
- EFFECT
Notice of effectiveness
Accession 9999999995-22-003008
- EFFECT
Notice of effectiveness
Accession 9999999995-22-003009
- EFFECT
Notice of effectiveness
Accession 9999999995-22-003010
- 4
Statement of changes in beneficial ownership
Accession 0001104659-22-107711
- 4
Statement of changes in beneficial ownership
Accession 0001104659-22-107706
- 4
Statement of changes in beneficial ownership
Accession 0001104659-22-107701
- 4
Statement of changes in beneficial ownership
Accession 0001104659-22-107700
- SC 13D/A
SC 13D/A
Accession 0001104659-22-107697
- S-8 POS
S-8 POS
Accession 0001104659-22-107402
- S-8 POS
S-8 POS
Accession 0001104659-22-107365
- POS AM
POS AM
Accession 0001104659-22-107349
- POS AM
POS AM
Accession 0001104659-22-107344
- POS AM
POS AM
Accession 0001104659-22-107339
- S-8 POS
S-8 POS
Accession 0001104659-22-107336
- POS AM
POS AM
Accession 0001104659-22-107324
- POS AM
POS AM
Accession 0001104659-22-107292
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000152
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000150
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000148
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000146
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000144
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000142
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000140
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000138
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000136
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000134
- 4
Statement of changes in beneficial ownership
Accession 0001652362-22-000132
Infrastructure & Energy Alternatives, Inc.: questions answered
What is Infrastructure & Energy Alternatives, Inc.?
Infrastructure & Energy Alternatives, Inc. is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001652362. It completed its initial public offering in Jul 2016. The vehicle is sponsored by Infrastructure & Energy Alternatives. The mandate targets financial services, healthcare, industrials. Business combination closed; the company trades under a new ticker.
How much does Infrastructure & Energy Alternatives, Inc. hold in trust?
Approximately $151,057,980, or about $10.07 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must Infrastructure & Energy Alternatives, Inc. complete a merger?
No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.
What happens if Infrastructure & Energy Alternatives, Inc. does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in Infrastructure & Energy Alternatives, Inc., and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $10.07 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
Is the trust value the same as the share price for Infrastructure & Energy Alternatives, Inc.?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
Who sponsors Infrastructure & Energy Alternatives, Inc., and what is their track record?
Infrastructure & Energy Alternatives is the sponsor entity, part of the Infrastructure & Energy Alternatives franchise. That franchise has launched 2 vehicles in total, of which 2 closed a combination and 0 liquidated, a 100% completion rate on resolved vehicles. Named principals: Mohsin Meghji.
Which banks underwrote the Infrastructure & Energy Alternatives, Inc. IPO?
Cantor Fitzgerald, Chardan. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is Infrastructure & Energy Alternatives, Inc. a good investment?
That is not a question this site answers. Infrastructure & Energy Alternatives, Inc. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this Infrastructure & Energy Alternatives, Inc. data come from?
Filings Infrastructure & Energy Alternatives, Inc. submitted to the SEC under CIK 0001652362: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Sep 4, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Infrastructure & Energy Alternatives: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Cantor Fitzgerald in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Financial Services SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All completed de-spac transactions
Business combination closed; the company trades under a new ticker.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.