E-COMPASS ACQUISITION CORP.
E-compass Acquisition Corp. (NASDAQ: ECAC) was a SPAC initiated by us with an IPO of $40 million in August 2015. In February 2017, E-compass completed merge with iFresh, Inc. (NASDAQ: IFMK)., a leading Asian/Chinese supermarket chain on the north-eastern U.S. and a national online pioneer in the segment. Simultaneously with the close of the merger, iFresh obtained $25 million debt to support the Company’s expansion plan.
CLOSE OF MERGER (Press Release)
INVESTOR PRESENTATION (PDF)