Filing Details

Accession Number:
0001615774-18-001454
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-26 14:43:29
Reporting Period:
2015-11-24
Accepted Time:
2018-02-26 14:43:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1622175 Baringtonlco Acquisition Corp. BHAC Blank Checks (6770) 471455824
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1629131 Hilco Trading, Llc 5 Revere Drive, Suite 2056
Northbrook, IL 60062
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-11-24 15,650 $0.02 435,709 No 4 P Indirect See fotnote
Common Stock Acquisiton 2015-11-24 5,000 $10.00 127,500 No 4 P Indirect See fotnote
Common Stock Disposition 2018-01-08 435,709 $0.00 0 No 4 J Indirect See fotnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See fotnote
No 4 P Indirect See fotnote
No 4 J Indirect See fotnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants Acquisiton 2015-11-24 2,500 $10.00 2,500 $12.50
Common Stock Right Acquisiton 2015-11-24 500 $10.00 500 $0.00
Common Stock Warrants Disposition 2018-01-08 63,750 $0.00 63,750 $12.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
63,750 No 4 P Indirect
12,750 No 4 P Indirect
0 No 4 J Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Right $0.00 12,750 12,750 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
12,750 12,750 Indirect
Footnotes
  1. Represents the shares of common stock beneficially owned by Hilco Merchant Resources, LLC ("Hilco").
  2. Represents sponsor insider shares acquired by Hilco in connection with the initial public offering of the Issuer and 15,650 insider shares acquired pursuant to a private purchase on November 24, 2015 (the "2015 Purchase").
  3. Represents the shares of common stock underlying the 127,500 Units of the Issuer that Hilco owns pursuant to the initial public offering and the 2015 Purchase. Each unit ("Unit") consists of one share of common stock, one right ("Right") to automatically receive one-tenth of one share of common stock upon consummation of the Issuer's initial business combination and one warrant ("Warrant") for the purchase of one-half of one share of common stock at a price of $12.50 per full share.
  4. In connection with the transfer of shares of common stock and warrants of the Issuer, pursuant to an agreement, dated January 3, 2018 (the "Agreement"), between the Issuer, the purchasers party thereto (the "Purchasers"), Hilco and other sellers party thereto, the Purchasers agreed that they would cause to be paid certain obligations of the Issuer in the amount of approximately $2,213,229.11.
  5. Latter of (i) completion of initial business combination and (ii) 12 months from date of prospectus.
  6. 3 years after completion of initial business combination.
  7. Represents the shares of common stock underlying the 5,000 Units of the Issuer that Reporting Person acquired pursuant to the 2015 Purchase. Each Unit consists of one share of common stock, one Right, and one Warrant.
  8. N/A
  9. Each Right entitles the holder to automatically receive one-tenth (1/10) of one share of the Issuer's common stock upon consummation of the Issuer's initial business combination.
  10. If the Issuer fails to consummate an initial business combination by June 30, 2018 (unless the date to consummate a business combination is extended), the Issuer will be dissolved and the Rights will expire worthless.
  11. Represents the shares of common stock underlying the 127,500 Units of the Issuer that Hilco owns pursuant to the initial public offering and the 2015 Purchase. Each Unit consists of one share of common stock and one Right. The related Warrant was transferred to the Purchasers pursuant to the transactions contemplated by the Agreement.