BRAC
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Broad Capital Acquisition Corp
11.7
0.0 (0.00%)
Last Update: 17 Jun 2025 23:00:00
Yesterday: 11.7
Day's Range: 11.7 - 11.7
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When Written:
10.58
Broad Capital Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring one or more businesses or assets. SPACs are shell companies that are created for the sole purpose of raising capital through an initial public offering (IPO) and then using that capital to acquire an existing business or assets. The goal is to take the acquired company public through a reverse merger, which allows the acquired company to avoid the traditional IPO process.
Broad Capital Acquisition Corp raised $125 million in its IPO in February 2021. The company is led by Chairman and CEO, Eli Elezra, who has experience in the gaming and entertainment industries. The company has not yet announced any potential acquisition targets, but it is focused on industries such as gaming, entertainment, and technology.
It is important to note that investing in SPACs can be risky, as there is no guarantee that the company will successfully acquire a target company or that the target company will perform well after the acquisition. It is important to do your own research and consult with a financial advisor before making any investment decisions.
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.
Broad Capital Acquisition Corp raised $125 million in its IPO in February 2021. The company is led by Chairman and CEO, Eli Elezra, who has experience in the gaming and entertainment industries. The company has not yet announced any potential acquisition targets, but it is focused on industries such as gaming, entertainment, and technology.
It is important to note that investing in SPACs can be risky, as there is no guarantee that the company will successfully acquire a target company or that the target company will perform well after the acquisition. It is important to do your own research and consult with a financial advisor before making any investment decisions.
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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