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Company Description (as filed with the SEC)
1347 Capital Corp. ("1347 Capital" or the "Company") was incorporated in Delaware on April 15, 2014 as a blank check company whose objective is to acquire, through a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, one or more operating businesses (a "Business Combination"). At December 31, 2014, the Company had not yet commenced any operations. All activity through December 31, 2014 relates to the Company's formation, the Offering described below, and search for an acquisition target. Company History The Company consummated its initial public offering (the "Offering") of 4,000,000 units ("Units") on July 21, 2014 generating gross proceeds of $40,000,000. The Company granted the representative of the underwriters a 45-day option to purchase up to 600,000 Units solely to cover over-allotments, if any. ... More ...