Press Releases

November 3, 2017
Toronto

Alignvest Acquisition II Corporation Reports Second Quarter 2017 Financial Results

Toronto, Ontario – November 3, 2017 – Alignvest Acquisition II Corporation (TSX: AQY.A, AQY.WT) (“AQY” or the “Company”) is reporting its financial results as at September 30, 2017 and for the period from commencement of operations of the Company on April 28, 2017 to September 30, 2017. The Company’s unaudited interim financial statements, along with the accompanying management’s discussion and analysis have been filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and may be viewed by interested parties under the Company’s profile at www.sedar.com or www.alignvestacquisition.com.

August 11, 2017
Toronto

Alignvest Acquisition II Corporation Reports First Quarter 2017 Financial Results

Toronto, Ontario – August 11, 2017 – Alignvest Acquisition II Corporation (TSX: AQY.A, AQY.WT) (“AQY” or the “Company”) is reporting its financial results as at June 30, 2017 and for the period from commencement of operations of the Company on April 28, 2017 to June 30, 2017. The Company’s unaudited interim financial statements, along with the accompanying management’s discussion and analysis have been filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and may be viewed by interested parties under the Company’s profile at www.sedar.com or www.alignvestacquisition.com.

June 30, 2017
Toronto

Alignvest Acquisition II Corporation Announces Class A Restricted Voting Shares and Warrants to Commence Trading Separately on July 4, 2017

Toronto, Ontario – June 30, 2017 – Alignvest Acquisition II Corporation (“AQY” or the “Corporation”) announces that the securities underlying the Corporation’s Class A restricted voting units (AQY.UN on the Toronto Stock Exchange (“TSX”)), each consisting of one Class A restricted voting share (“Class A Restricted Voting Share”) and one-half of a share purchase warrant (each whole share purchase warrant, a “Warrant”), will commence trading separately on the TSX effective July 4, 2017. The Class A restricted voting shares and whole warrants will trade under the symbols “AQY.A” and “AQY.WT”, respectively.

June 1, 2017
Toronto

Alignvest Acquisition II Corporation Announces Exercise in Full and Closing of Over-Allotment Option for Additional $52,500,000 in Gross Proceeds

Toronto, Ontario – June 1, 2017 — Alignvest Acquisition II Corporation (“AQY”, “we”, “us” or “Corporation”) is pleased to announce that, further to the $350,000,000 initial public offering (the “Offering”) of Class A restricted voting units (the "Class A Restricted Voting Units") which closed on May 25, 2017, the underwriters of the Offering have exercised their over-allotment option (the "Over-Allotment Option") in full to purchase an additional 5,250,000 Class A

May 25, 2017
Toronto

Alignvest Acquisition II Corporation Announces Completion of $350,000,000 Initial Public Offering

Toronto, Ontario – May 25, 2017 – Alignvest Acquisition II Corporation (“AQY”, “we”, “us” or “Corporation”) is pleased to announce the closing (the “Closing”) of its initial public offering (the “Offering”) of $350,000,000 of Class A restricted voting units (the “Class A Restricted Voting Units”). AQY has granted the underwriters of the Offering (the “Underwriters”) a 30-day option following the Closing to purchase up to an additional 5,250,000 Class A Restricted Voting Units, at a price of $10.00 each (the “Over-Allotment Option”). The proceeds from the distribution of the Class A Restricted Voting Units (along with the proceeds from any exercise of the Over-Allotment Option granted by the Corporation) will be deposited into an escrow account and will only be released upon certain prescribed conditions, as further described in the final prospectus dated May 18, 2017 (the “Final Prospectus”).

May 18, 2017
Toronto

Alignvest Acquisition II Corporation Files Final Prospectus and Upsizes Initial Public Offering of Class a Restricted Voting Units to $350,000,000

Toronto, Ontario – May 18, 2017 – Alignvest Acquisition II Corporation (“AQY”, “we”, “us” or “Corporation”) announces that it has filed a final prospectus with the securities regulatory authorities in all provinces and territories of Canada, except Quebec, and has obtained a receipt therefor in respect of its initial public offering (the “Offering”) of $350,000,000 of Class A Restricted Voting Units. AQY has granted the underwriters of the Offering a 30-day option following closing of the Offering (the “Closing”) to purchase up to an additional 5,250,000 Class A Restricted Voting Units, at a price of $10.00 each (the “Over-Allotment Option”). The proceeds from the distribution of the Class A Restricted Voting Units (along with the proceeds from any exercise of the Over-Allotment Option granted by the Corporation) will be deposited into an escrow account and will only be released upon certain prescribed conditions.

May 1, 2017
Toronto

Alignvest Acquisition II Corporation Files Preliminary Prospectus for Initial Public Offering of Units

Toronto, Ontario – May 1, 2017 – Alignvest Acquisition II Corporation (“AQY”, “we”, “us” or “Corporation”) announces that it has filed a preliminary prospectus with the securities regulatory authorities in all provinces and territories of Canada, except Quebec, and has obtained a receipt therefor in respect of its initial public offering (the “Offering”) of $250,000,000 of Class A Restricted Voting Units. The proceeds from the distribution of the Class A Restricted Voting Units will be deposited into an escrow account and will only be released upon certain prescribed conditions.

News

May 29, 2017
The Globe and Mail

SPAC sector springs to life behind Alignvest IPO

A record-setting $515-million debut for the second special-purpose acquisition company (SPAC) from Alignvest Management Corp. is expected

May 19, 2017
Financial Post

Alignvest Acquisition II shows there is life in the SPAC market, closes $350 million IPO with more to come

The issuer, which is sponsored by the same people who unveiled the original SPAC, Alignvest Acquisition Corp., has priced its initial public ...

May 8, 2017
Financial Post

Alignvest Acquisition II: a new SPAC, but with a twist

On Monday, the marketing process for Alignvest Acquisition II Corp. started. Alignvest II is from the same stable as the original Alignvest SPAC, ...

May 5, 2017
The Globe and Mail

Alignvest launches $250-million IPO for new SPAC

Alignvest Management Corp., the Toronto-based operator of a special-purpose acquisition company, or SPAC, that successfully took over a ...

November 23, 2016
The Globe and Mail

Alignvest’s deal could be blueprint for Canadian SPACs

They call themselves the SPAC mafia. They are an unofficial but influential group of investors who make or break any deal proposed by a special-purpose acquisition corporation, or SPAC. And this hard-to-please group has found a deal they like in Alignvest Acquisition Corp.'s bid for a U.S. wireless company, one of three Canadian SPACs currently seeking shareholder approval for a takeover.

November 1, 2016
The Globe and Mail

Telecom company Trilogy coming to Canada in Alignvest deal

Telecom company Trilogy International Partners LLC, which runs wireless networks in New Zealand and Bolivia, plans to go public in Canada by agreeing to a takeover offer from Toronto-based Alignvest Acquisition Corp.

July 7, 2015
Newswire

Alignvest Acquisition Corporation Opens the Market

Reza Satchu, President & CEO & Timothy Hodgson, Chairman, Alignvest Acquisition Corporation (AQX.UN) joined Richard Rohan, VP Corporate Sales, TMX Equity Transfer Services to open the market. Alignvest Acquisition Corporation is a newly organized special purpose acquisition corporation (SPAC) incorporated under the laws of the Province of Ontario for the purpose of effecting a Qualifying Acquisition.