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Armada Acquisition Corp I  (NASDAQ: AACI)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $9.7500 $-1.45 -12.946%
Day's High: $11.125 Week Perf: -14.4 %
Day's Low: $ 9.52 30 Day Perf: -14.32 %
Volume (M): 38 52 Wk High: $ 14.50
Volume (M$): $ 369 52 Wk Avg: $11.20
Open: $11.00 52 Wk Low: $8.10



 Market Capitalization (Millions $) 56
 Shares Outstanding (Millions) 6
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Armada Acquisition Corp I
Armada Acquisition Corp I is a special purpose acquisition company (SPAC) that was formed with the purpose of acquiring or merging with one or more businesses. The company was incorporated in Delaware in 2020 and went public through an initial public offering (IPO). Armada Acquisition Corp I raised funds from investors, including institutional and individual investors, with the intention of seeking a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company is typically focused on identifying target businesses in sectors such as technology, media, telecommunications, e-commerce, and consumer industries. Once a suitable target is identified, Armada Acquisition Corp I will negotiate and complete a transaction, thereby combining the SPAC with the acquired company, providing the acquired company with access to public markets.


   Company Address: 1760 Market Street Philadelphia 19103 PA
   Company Phone Number: 543-6886   Stock Exchange / Ticker: NASDAQ AACI


   

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Armada Acquisition Corp I

Armada Acquisition Corp I Breaks Even in Second Quarter of 2024, Stock Price on the Rise

Armada Acquisition Corp I has shown impressive growth in its most recent fiscal period, reaching a break-even point of $0.00 per share compared to a loss of $0.04 per share in the previous reporting season. While the revenue remained flat at $0.00 million, the net loss did increase slightly to $0.381 million. Despite this, the stock has seen a positive reaction from investors, with a 0.53% increase in the past 30 days.
This upward trend in the stock price is a promising sign for Armada Acquisition Corp I, as it indicates a growing confidence in the company's performance and potential for future success. The fact that the stock is just 8.9% away from its 52-week high further reinforces this positive sentiment among investors.










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