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Atlantic Coastal Acquisition Corp

10.45
0.00 (0.00%)
Last Update: 18 Apr 2024 16:30:00
Yesterday: 10.45
Day's Range: 10.45 - 10.45
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When Written:
 
10.12
Atlantic Coastal Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2020 with the goal of acquiring and merging with another company. The company is based in New York and is led by CEO and Chairman, Michael Bickford. The company raised $300 million in its initial public offering (IPO) in December 2020.

As a SPAC, Atlantic Coastal Acquisition Corp has a specific timeframe to identify and complete a merger with another company. If the company does not complete a merger within the allotted time, typically two years, it will be dissolved and the funds returned to investors.

As of August 2021, there is no public information available regarding any potential merger targets for Atlantic Coastal Acquisition Corp.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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