1347 Capital Corp. to Acquire Limbach Holdings LLC in Business Combination

1347 Capital Corp., a SPAC, has entered into an Agreement and Plan of Merger with Limbach Holdings LLC. Following the merger, Limbach will become a wholly-owned subsidiary of 1347 Capital, which will change its name to Limbach Holdings, Inc. and apply to list on Nasdaq under the symbol 'LMB'.

“1347 Capital Corp., which we refer to as 1347 Capital, and Limbach Holdings LLC, which we refer to as Limbach, have entered into an Agreement and Plan of Merger, dated as of March 23, 2016, as may be amended, which we refer to as the Merger Agreement. Following the transactions contemplated by the Merger Agreement, which we refer to as the Business Combination, Limbach will continue as a wholly-owned subsidiary of 1347 Capital.”

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