SCAQ

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Stratim Cloud Acquisition Corp

10.43

0.00 (0.00%)

Last Update: 21 Jul 2023 16:30:00

Yesterday: 10.43

Day's Range: 10.43 - 10.43

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When Written:

10.16

Stratim Cloud Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses in the cloud computing industry. The company was founded in 2020 and is based in San Francisco, California.

The company's management team includes experienced executives from the technology and finance industries, including CEO Sean Aggarwal, who previously served as CFO of Trulia, and CFO David Lee, who previously served as CFO of Impossible Foods.

Stratim Cloud Acquisition Corp raised $230 million in its initial public offering (IPO) in December 2020. The company is listed on the NASDAQ under the ticker symbol "SCAQ."

As a SPAC, Stratim Cloud Acquisition Corp has a limited amount of time to identify and complete a merger or acquisition with a target company. If the company is unable to complete a transaction within the specified time frame, it will be required to return the funds raised in its IPO to its investors.

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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