EFHTR
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Ef Hutton Acquisition Corporation I Rights
0.3113
+0.0413 (+15.30%)
Last Update: 12 Dec 2023 23:59:00
Yesterday: 0.27
Day's Range: 0.2228 - 0.4099
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When Written:
0.1985
EF Hutton Acquisition Corporation I (EHAQ) is a special purpose acquisition company (SPAC) that was formed in 2018 with the aim of acquiring one or more businesses or assets. The company raised $100 million in its initial public offering (IPO) and began trading on the NASDAQ stock exchange under the ticker symbol EHAQR.
EHAQ's IPO consisted of units, each consisting of one share of common stock and one-half of one warrant. The warrants entitle the holder to purchase one share of common stock at a predetermined price. The warrants are exercisable for a period of five years from the date of the IPO.
As a SPAC, EHAQ has a limited time frame to identify and acquire a suitable target company or asset. If it fails to do so within the allotted time, typically two years, the company will be dissolved and the funds returned to investors.
Investors in EHAQ have the right to vote on any proposed acquisition and can choose to redeem their shares for a pro-rata portion of the trust account if they do not approve of the acquisition. If the acquisition is approved, the warrants will become exercisable and the common stock will begin trading separately.
Overall, EHAQ is a publicly traded investment vehicle that provides investors with the opportunity to participate in a potential acquisition of a business or asset.
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.
EHAQ's IPO consisted of units, each consisting of one share of common stock and one-half of one warrant. The warrants entitle the holder to purchase one share of common stock at a predetermined price. The warrants are exercisable for a period of five years from the date of the IPO.
As a SPAC, EHAQ has a limited time frame to identify and acquire a suitable target company or asset. If it fails to do so within the allotted time, typically two years, the company will be dissolved and the funds returned to investors.
Investors in EHAQ have the right to vote on any proposed acquisition and can choose to redeem their shares for a pro-rata portion of the trust account if they do not approve of the acquisition. If the acquisition is approved, the warrants will become exercisable and the common stock will begin trading separately.
Overall, EHAQ is a publicly traded investment vehicle that provides investors with the opportunity to participate in a potential acquisition of a business or asset.
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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