OXAC
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Oxbridge Acquisition Corp
8.6
0.0 (0.00%)
Last Update: 10 Aug 2023 23:00:00
Yesterday: 8.6
Day's Range: 0. - 0.
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When Written:
10.71
Oxbridge Acquisition Corp is a special purpose acquisition company (SPAC) that was founded in 2020. The company is focused on acquiring businesses in the technology, media, and telecommunications (TMT) sectors. The management team of Oxbridge Acquisition Corp includes experienced professionals from the finance, technology, and media industries, with a track record of successful acquisitions and investments.
Oxbridge Acquisition Corp went public in December 2020, raising $200 million through an initial public offering (IPO). The company's shares are traded on the NASDAQ under the ticker symbol OXAC. The proceeds from the IPO will be used to fund the acquisition of a target company that meets the company's investment criteria.
As a SPAC, Oxbridge Acquisition Corp has a limited lifespan, typically two years, to identify and complete an acquisition. If the company is unable to find a suitable target within this timeframe, the funds raised in the IPO will be returned to investors.
Overall, Oxbridge Acquisition Corp is a new player in the SPAC market, with a focus on the TMT sector and a management team with a proven track record of success. As with any SPAC, there are risks associated with investing in Oxbridge Acquisition Corp, including the possibility that the company may not be able to identify a suitable target for acquisition within the allotted timeframe.
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.
Oxbridge Acquisition Corp went public in December 2020, raising $200 million through an initial public offering (IPO). The company's shares are traded on the NASDAQ under the ticker symbol OXAC. The proceeds from the IPO will be used to fund the acquisition of a target company that meets the company's investment criteria.
As a SPAC, Oxbridge Acquisition Corp has a limited lifespan, typically two years, to identify and complete an acquisition. If the company is unable to find a suitable target within this timeframe, the funds raised in the IPO will be returned to investors.
Overall, Oxbridge Acquisition Corp is a new player in the SPAC market, with a focus on the TMT sector and a management team with a proven track record of success. As with any SPAC, there are risks associated with investing in Oxbridge Acquisition Corp, including the possibility that the company may not be able to identify a suitable target for acquisition within the allotted timeframe.
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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