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Atlantic Coastal Acquisition Corp Ii  (NASDAQ: ACAB)
Other Ticker:  
 
 
Price: $5.7700 $-5.13 -47.064%
Day's High: $11.19 Week Perf: -42.87 %
Day's Low: $ 5.75 30 Day Perf: -47.78 %
Volume (M): 162 52 Wk High: $ 13.00
Volume (M$): $ 937 52 Wk Avg: $11.04
Open: $11.11 52 Wk Low: $5.75



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Atlantic Coastal Acquisition Corp Ii
Atlantic Coastal Acquisition Corp II is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. As a SPAC, its primary objective is to identify and acquire a target company or business that aligns with its investment criteria and strategy. The company seeks to capitalize on the expertise and experience of its management team to identify compelling investment opportunities in various industries. Atlantic Coastal Acquisition Corp II is listed on the New York Stock Exchange under the ticker symbol ACP.


   Company Address: 6 St Johns Lane, Floor 5 New York 10013 NY
   Company Phone Number: 890-7200   Stock Exchange / Ticker: NASDAQ ACAB


   

Stock Performances by Major Competitors

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Atlantic Coastal Acquisition Corp Ii

Atlantic Coastal Acquisition Corp II Makes Waves with Impressive First Quarter Performance in 2024

Investors in the stock market can breathe a sigh of relief as Atlantic Coastal Acquisition Corp (ACAB) navigates through its latest reporting cycle. While some adjustments were not assumed by the stockholders, there are positive indicators that should put smiles on investors' faces.
During the period from January to March 31, 2024, ACAB recorded an operating shortfall of $-1.141068 million. However, investors can take comfort in the fact that this figure has decreased from the previous year's first quarter operating shortfall of $-0.537558 million. This demonstrates the company's progress in addressing its financial challenges and moving towards a healthier financial position.

Atlantic Coastal Acquisition Corp Ii

Atlantic Coastal Acquisition Corp Ii Releases Fourth Quarter 2023 Financial Results Amid Biotechnology & Pharmaceuticals Sector Struggles

The Biotechnology & Pharmaceuticals sector has been a hot topic in the stock market as the October to December 31 2023 reporting season unfolds. Companies in this sector, such as Atlantic Coastal Acquisition Corp Ii (ACAB), have been making headlines with their performance numbers.
ACAB recently reported an operating shortfall of $-0.39291 million for the financial three months closing Dec 31 2023. Despite this shortfall, the company has shown impressive productivity growth compared to the same period the previous year. The company is currently in a development phase and it is crucial for them to expand their business model while maintaining liquidity to stay competitive.

Atlantic Coastal Acquisition Corp Ii

Atlantic Coastal Acquisition Corp II Announces Operating Deficit in Third Quarter of 2023

Atlantic Coastal Acquisition Corp II (ACAB) has recently announced an operating deficit of $-0.315247 million for the financial three months ending September 30, 2023. This news is particularly noteworthy considering that the small company had operated more efficiently in the same period the previous year, recording an operating deficit of $-0.533796 million.
While the current earnings may not have a significant impact on the future prospects of ACAB, it is important to acknowledge that the company has experienced a deficit of $-0.045 million in the fiscal year ending September 30, 2023. This is a concerning trend, especially considering ACAB's profitability in the third quarter of 2022.

Atlantic Coastal Acquisition Corp Ii

Atlantic Coastal Acquisition Corp II (ACAB) Reports Operating Shortfall in 2nd Quarter, Highlighting Focus on Research and Growth

Atlantic Coastal Acquisition Corp II (ACAB) has shown a consistent increase in its stock price over the past five trading days, with a 0.85% rise. This brings the year-to-date performance of the stock to 4.31%. However, it is worth noting that the stock is currently 4.3% lower than its 52-week high.
The Blank Checks sector researchers have been analyzing the second quarter results of 2023. In this regard, ACAB has reported an operating shortfall of $-0.420341 million for the period from April to June 2023. It is important to mention that the company has not disclosed any revenue figures during this reporting season. As a result, the researchers have focused on the management decisions that have influenced the day-to-day operations of the company. Notably, these decisions have overshadowed those made during the same period in the previous year. The report highlights ACAB's emphasis on research, which serves as a significant aspect of their operations.

Atlantic Coastal Acquisition Corp Ii

Blank Checks Company Unveils Surprising Quarter One Deficit for 2023 - What does this Mean for the Atlantic Coastal Acquisition Corp II?

Investors in the Blank Checks industry are in for a rude awakening as the first quarter of 2023 earnings show a worrying trend. According to industry veterans, the Atlantic Coastal Acquisition Corp II (ACAB) has yet to specify any top-line figures for the January to March 31, 2023 reporting season. This is concerning as the operating shortfall currently stands at a whooping $-0.537558 million, a decrease from $-0.493537 million from the first quarter of 2022.
The lack of top-line figures from ACAB is a worrying signal for investors who had hoped for better from the Blank Checks industry. With no clear indication of the company's revenue, investors cannot gauge the overall health of the company. The lack of top-line figures is also puzzling, considering that the bottom-line appears to be doing well in the first quarter of 2023.










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