- CEO
- James L. Francis
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 228 Park Ave S New York NY United States of America 10003
- IPO Date
- Jun 14, 2023
- Business
- ESH Acquisition Corp. ESH Acquisition Corp. is a blank check company, or special purpose acquisition company (SPAC), whose principal business activity involves effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting the entertainment, sports, and hospitality sectors including gaming; the company maintains no significant independent operations. Incorporated in 2021 and headquartered in New York, New York, ESH Acquisition Corp. completed its initial public offering in June 2023, raising gross proceeds of $115 million including the full exercise of the over-allotment option, with funds held in trust to finance a prospective business combination or for redemptions and liquidation if no deal materializes. The company operates globally with a focus on North America to Asia, leveraging its management team's extensive industry experience in brand positioning, financing, growth strategies, and capital markets, supported by a strategic partnership with Ackerley Partners, LLC. Recent major developments include the September 2025 announcement of a definitive business combination agreement with The Original Fit Factory, Ltd., a health and wellness company, valued at an implied pro forma enterprise value of $500 million, which contemplates creating a U.S.-domiciled public company under the name The Original Fit Factory, Inc. listed on Nasdaq and focused on digital fitness platforms, connected devices, and premium fitness studios, with the transaction expected to close by Q1 2026 pending shareholder approval; in November 2025, ESH Acquisition Corp. filed a definitive proxy statement convening a December 3, 2025 special meeting to approve a charter amendment extending its combination deadline from December 16, 2025 up to June 13, 2026 in monthly increments amid prior heavy redemptions that reduced trust shares to approximately 740,000. Led by CEO James Francis, Chairman Al Weiss, and CFO Jonathan Morris, alongside directors with sports and media pedigrees, the company emphasizes innovation and shareholder value creation through targeted acquisitions in high-growth areas.