News Column

QUINPARIO ACQUISITION CORP. FILES (8-K) Disclosing Other Events

June 26, 2014



Item 8.01 Other Events.

As previously announced, Quinpario Acquisition Corp. (the "Company") is scheduled to hold a Special Meeting of Stockholders on June 30, 2014 to approve, among other things, the transactions contemplated by the Stock Purchase Agreement, dated as of March 16, 2014, by and among the Company, JPHI Holdings Inc., Jason Partners Holdings Inc. ("Jason") and Jason Partners Holdings LLC (the "Business Combination"). If the Business Combination is approved by stockholders, the Company anticipates closing the Business Combination shortly after the Special Meeting subject to satisfaction of all of the closing conditions. The closing of the second fiscal quarter of Jason occurs on June 27, 2014 and the closing of the second fiscal quarter of the Company currently occurs on June 30, 2014. In order to facilitate the preparation of financial statements for the second fiscal quarter if the Business Combination occurs, the Board of Directors of the Company on June 24, 2014 approved the change of the closing date of the Company's second fiscal quarter to June 27, 2014. Assuming the Business Combination is consummated, it is the intention of the Company to change the closing date of all subsequent fiscal quarters so that with respect to quarters ending in March, June and September, the quarters will end on the Friday closest to the end of such months. The fiscal year end of the Company will continue to be December 31st.

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Source: Edgar Glimpses


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