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SDACU

Closed

Sustainable Development Acquisition I Corp

10.375
0.000 (0.00%)
Last Update: 28 Jul 2023 16:30:00
Yesterday: 10.375
Day's Range: 10.375 - 10.375
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When Written:
 
10.1
Sustainable Development Acquisition I Corp (SDAC) is a special purpose acquisition company (SPAC) that was formed in 2021 with the goal of identifying and acquiring a company that is focused on sustainable development. The company's management team has experience in finance, sustainability, and technology, and is committed to finding a target company that aligns with their values and mission.

SDAC was founded by CEO and Chairman Martin Sumichrast, who has more than 30 years of experience in finance and has been involved in numerous successful SPAC transactions. The company's board of directors includes experienced executives from the finance and sustainability sectors.

SDAC raised $300 million in its initial public offering (IPO) in February 2021 and is listed on the NASDAQ under the ticker symbol "SDACU". The company has a two-year period to identify and complete an acquisition, after which any remaining funds will be returned to investors.

SDAC is focused on finding a target company that is committed to sustainable development, which includes environmental, social, and governance (ESG) factors. The company is looking for a business that has a strong growth potential and can benefit from SDAC's financial expertise and network.

Overall, SDAC is a SPAC that is focused on sustainable development and is looking for a target company that aligns with its values and mission. The company's management team has extensive experience in finance, sustainability, and technology, and is committed to finding a target that can benefit from their expertise and network.

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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