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Legacy Acquisition Corp.

LGC · NYSE · formerly PARTS iD, Inc.

Trust settledID Auto, Inc. · Finished

NO ACTION REQUIRED

Nothing left to do

The purchase completed and the shares became shares in the company it bought. There is no deadline left to miss.

Cash at settlement

no closing figure

No cash-per-share figure was filed for this vehicle before it finished.

Last close

no quote on file

Daily close

Nothing left to claim

this vehicle finished

There is nothing to hand back: holders who wanted cash elected it at the vote, and the rest became shares in the buyer.

Read what happened to the cash

The floor

Trust settled

This SPAC has finished — its trust was paid out or used to close the deal, so there is nothing left to redeem

Read the reasoning behind this verdict

No price history on file yet — daily closes accumulate from the market data feed.

Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.

SpacBrain’s read

Trust settled

The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

In plain terms

What it is
A SPAC from Legacy Acquisition Sponsor I LLC, listed on NYSE in November 2017.
What it's doing now
It agreed to buy ID Auto, Inc., a mobile advertising and marketing services company. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
What you should know
This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.

At a glance

Where it stands
Closed (deSPAC)
The business it bought
ID Auto, Inc.
Industry
Communication Services — mobile advertising and marketing services
Deal value
not stated in the filings we hold
Price vs cash at settlement
no live price on file
Cash in trust when it settled
not yet extracted into a snapshot — the filings below may state it
the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
IPO
17 November 2017
size not on file
Headquarters
1308 RACE STREET, SUITE 200, CINCINNATI, OH, 45202
registered in Delaware
Lead underwriter
not extracted from the prospectus yet
Key officers
Peker Lev (Director) · Royzenshteyn Stanislav · Gerashenko Roman
Listed securities
LGC common
Cash held per sharenot filed for this window

This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.

Next date that mattersno dated event on file

Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.

Yield to redemption

Nothing left to redeem — no yield to compute.

This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.

What happened to the cash

The reasoning behind the verdict above, in the order the filings establish it.

  1. The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

What has happened, and what is coming

1 dated milestone

Every dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.

  1. 17 November 2017IPOpassed

    IPO size not on file

The deal

terms as filed

What it is buying, on what terms, and how much of the combined company new shares take from you.

The score

deterministic, from filed fields

LGC is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.

Asymmetric return scoreNeither a price nor a cash-per-share figure is on file for this vehicle, and the score is a ratio between the two. Nothing is estimated to fill the gap.

The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.

See the names that are scored, and how

The company

from SEC filings
Read the full profile

Legacy Acquisition Corp. was a blank-check company that priced its initial public offering on November 17, 2017. Its common stock traded on the New York Stock Exchange under the ticker LGC, and the registrant held SEC CIK 0001698113 and SIC industry code 7311. The company completed a business combination and no longer files, with its closed lifecycle established by an 8-K filed on November 27, 2020, reporting a change in shell company status. EDGAR now files this CIK under the name ID Auto, Inc.

Material findings

from the full read of every filing

Every document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.

  • DEFM14A31 March 20200001213900-20-008119opens on sec.gov in a new tab

    The NYSE Proposal has widened since the preliminary version: it now covers not only shares issued to the Seller but shares to investors in a potential PIPE Financing and shares that may go to the Sponsor in connection with the Sponsor transferring 3,500,000 outstanding shares back to Legacy for cancellation before the Closing. A sponsor giving up shares and potentially receiving others is an economics change a holder must read alongside the deal itself, and the PIPE is still described as potential rather than committed.

  • PREM14A2 December 20190001213900-19-025058opens on sec.gov in a new tab

    Approval is not one vote but a stack. Holders face the Business Combination Proposal, an NYSE Proposal under Section 312.03 of the Listed Company Manual covering both the issuance of more than 20% of Legacy's stock to the Seller and the related change of control, a Charter Amendment Proposal declassifying the board that takes effect at the special meeting itself, and three Amended and Restated Charter sub-proposals — each of the later items conditioned on the Business Combination Proposal passing. The meeting date is blank; it is set for 11:00 a.m. New York City Time in Cincinnati.

  • 8-K28 November 20170001213900-17-012679opens on sec.gov in a new tab

    The forfeiture is the number worth keeping: 7,500,000 Class F founder shares are outstanding after it, against 30,000,000 public shares, one founder share for every four public shares, and the count is now fixed rather than contingent. An over-allotment that goes unexercised is also a demand signal, and it is why the trust stops at $300,000,000 rather than the larger figure the greenshoe would have produced.

  • 8-K22 November 20170001213900-17-012504opens on sec.gov in a new tab

    The warrant here is half the usual coverage written the unusual way — one warrant per unit, each exercisable for half a share — so a reader comparing warrant counts across vehicles without reading the terms will double this one's dilution. The trust's release terms are the other thing to keep: interest may be withdrawn for taxes AND up to $750,000 a year for working capital, so this trust can be drawn on before any combination, and the outside date is 24 months from the November 21, 2017 closing.

Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

Show the other 10 filings

The record

The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.

Show the reference detail

Unit structure

Cash in trust at IPOnot extracted from the prospectus

from 424B3 0001213900-23-064621

Trading & liquidity

Average daily volume (20d)no volume reported on the bars we hold
Average daily $ volumeneeds both volume and a live price
Range over the bars heldnot enough price history
Total cash in trustthe trust total is not in the last XBRL stamp

Company profile

Industry (SIC)Services-Advertising Agencies (7311)
Registered inDelaware
Exchange · CIKNYSE · 0001698113

All filings on EDGARopens on sec.gov in a new tab

FormerlyPARTS iD, Inc.

Directors & officers

Institutional holders

from SC 13G/13D

Funds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.

Show the declared stakes

17 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.

One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.

News

company wires and the financial press

Reporting we have matched to this ticker. Headlines belong to the outlets that wrote them.

Show the headlines

Sources on file

harvested pages, kept in full

Every public page we have read about this company, stored in full so a source can never go missing.

Show the sources

34 full SEC filing texts archived — searchable, never lost.

In plain English

tap a term to open it

Every piece of jargon this page could have used, and what it actually means.

Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected

A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.

Redemption deadlinethe last day to hand shares back for cash

Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.

Broker action datethe day your broker needs the instruction — earlier than the official date

Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.

Cash in trust / trust per sharethe cash the company is holding for each public share

Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.

Trust discountbuying below the cash held for you

Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.

Dilutionhow much of the company new shares take from you

Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.

Pro-forma equitywhat the company is valued at once the deal closes

The combined company's equity value assuming the announced terms and the redemptions that have actually happened.

ARShow much upside you get per unit of downside

SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.

De-SPACthe day the SPAC becomes the real company

The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.

Outside datethe contractual long-stop for closing the deal

A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.

Accession numberthe SEC's unique id for one filing

Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.

Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since

A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.

Ask the brain

from its filings
Data provenance & audit trail5 internal entries

Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.

LGC — company record
UNIVERSE-IPO-INDEX2026-08-17

admitted from EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 7311 (Services-Advertising Agencies). The screen found it by filing SHAPE instead — S-1 2017-10-25 → 8-A12B 2017-11-15 → 424B4 2017-11-17 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 7311 + self-described blank check in 424B4 0001213900-17-012278; 424B 0001213900-17-012278 priced 2017-11-17 under S-1 0001213900-17-010952 (file 333-221116, an offering for cash); common ticker LGC off 10-Q 0001213900-20-035913 (2020-11-09); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-221116, which belongs to S-1 0001213900-17-010952 (2017-10-25) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2017-11-17). Ending PROVEN, not inferred: CLOSED per 8-K 0001213900-20-039479 (2020-11-27) — 8-K item 5.06 "Change in Shell Company Status" (EDGAR item index, items: 1.01,2.01,3.02,3.03,5.01,5.02,5.03,5.06,9.01). EDGAR now files this CIK as "ID Auto, Inc." — the SPAC's own name is kept here and the successor is the target. ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.

SPONSOR-ID2026-08-14

sponsor "Legacy Acquisition Sponsor I LLC" sourced from prospectus definition (10-K/A) acc 0001213900-20-034655.

Deal — ID Auto, Inc.
UNTAGGED

[CLOSED-RENAME] EDGAR CIK 0001698113 records "Legacy Acquisition Corp." ending 2020-11-20; the registrant continues as "ID Auto, Inc.". The rename is the SEC's own record of what the vehicle became, keyed by CIK. Closed 2020-11-20. No deal value is set — a rename says what was acquired, never for how much. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists. [DEAL-STRUCTURE-MINED] minCashM=120 from primary filings (0001213900-20-008119).

PROFILE-STUB2026-08-25

entity created from the filed target name; no About paragraph on file, so every other field awaits a sourced read

SEGMENT-FROM-FILING2020-03-31

OTHER -> MEDIA_CONSUMER, on DEFM14A 0001213900-20-008119: "One primary purpose of the business combination is to provide the Blue Impact business a platform for, and access to capital to fund, its global expansion."

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