SEC Filing Summary: Form 8-K
Business Context and Reporting Period
Company: Committed Capital Acquisition Corporation (formerly Plastron Acquisition Corp. II)
Filing Date: May 24, 2011
Event Date: May 20, 2011
Reporting Period: This is a Current Report (Form 8-K) detailing specific corporate governance and structural changes effective May 20, 2011. The filing does not cover a standard financial reporting period (e.g., quarterly or annual).
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate structural changes rather than financial performance.
Material Changes
- Corporate Name Change: The company changed its name from "Plastron Acquisition Corp. II" to "Committed Capital Acquisition Corporation."
- Stock Split: A 4.21875-for-1 forward split of outstanding common stock was effected.
- Share Count: Following the split, the total number of shares issued and outstanding is 6,750,000. Fractional shares were rounded up to the next whole share.
- Board Appointment: Jason Eiswerth was appointed as a director of the Board.
Guidance, Outlook, and Risks
Management Commentary: The Board and holders of all outstanding shares approved the Certificate of Amendment regarding the name change and stock split. There are no material plans, contracts, or arrangements involving the newly appointed director, Jason Eiswerth, nor are there any related party transactions reportable under Item 404(a) of Regulation S-K.
Risks and Contingencies: No specific risks, contingencies, or unusual items are disclosed in this filing.
Investor Verification Checklist
- Verify the new ticker symbol or trading status following the name change to "Committed Capital Acquisition Corporation."
- Confirm the adjusted share count of 6,750,000 in brokerage accounts post-split.
- Review the background of the newly appointed director, Jason Eiswerth, for potential conflicts of interest not disclosed in this summary.
- Check subsequent filings for the company's intended acquisition target or business plan, as this is a Special Purpose Acquisition Company (SPAC).