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RWODW

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Redwoods Acquisition Corp

0.0425
+0.0025 (+6.25%)
Last Update: 21 Jun 2024 23:00:00
Yesterday: 0.04
Day's Range: 0.0425 - 0.0425
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When Written:
 
0.0736
Redwoods Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2021 with the purpose of merging with or acquiring one or more businesses. The company is led by CEO and Chairman, Douglas Wurth, and CFO, Michael J. Smith.

Redwoods Acquisition Corp raised $250 million in its initial public offering (IPO) in February 2021. The company's shares are listed on the New York Stock Exchange (NYSE) under the ticker symbol "RWC."

As a SPAC, Redwoods Acquisition Corp has a two-year period to identify and complete a merger or acquisition with a target company. If the company fails to complete a merger or acquisition within this timeframe, it will be required to return the funds raised in its IPO to its shareholders.

Redwoods Acquisition Corp has not yet announced any specific merger or acquisition targets.

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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