Allegro Merger Corp   (ALGRU)
Other Ticker:  
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00

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

Allegro Merger Corp
Allegro Merger Corp is a special purpose acquisition company (SPAC) formed for the purpose of merging with or acquiring one or more businesses. It is a publicly traded company that raises funds from investors through an initial public offering (IPO), with the intention of using those funds to seek out potential merger or acquisition targets.

The company's focus is typically on businesses that operate in sectors with attractive growth prospects, such as technology, healthcare, consumer products, or industrial sectors. Allegro Merger Corp aims to identify businesses that have strong growth potential and can benefit from a partnership with a publicly traded entity.

Once a suitable target is identified, Allegro Merger Corp will negotiate and complete a merger or acquisition transaction, allowing the target company to become a publicly traded entity through its association with the SPAC. This route provides an alternative to the traditional initial public offering process.

Overall, Allegro Merger Corp serves as a platform for companies looking to go public or expand their operations by partnering with an established publicly traded entity.

   Company Address: 777 Third Avenue New York 10017 NY
   Company Phone Number: 319-7676   Stock Exchange / Ticker: ALGRU
   ALGRU is expected to report next financial results on March 27, 2024.


Stock Performances by Major Competitors

5 Days Decrease / Increase
• View Complete Report

Allegro Merger Corp

Allegro Merger Corp Surprises Market with Significant Improvement, Posts Operating Surplus of $0.00691 Million in Q3 2023

Blank Checks industry has been buzzing with activity as many companies report their financial numbers for the July to September 30 2023 reporting cycle. Among them, Allegro Merger Corp stands out with its operating surplus of $0.00691 million for the fiscal third quarter of 2023. While this may not sound like a significant amount, it is considered a positive surprise when compared to the operating surplus of $0.006494 million reported in the third quarter of 2022.
The improved operating surplus has sparked optimism among market observers regarding Allegro Merger Corp's performance. It indicates that the company is moving in the right direction and has the potential for further growth. However, it is essential to note that the company still experienced a net deficit of $-0.007 million in the same period, which has extended from a net deficit of $-0.006 million in the previous year.

Allegro Merger Corp

Allegro Merger Corp's Q2 2023 Financial Results Released; Reports Operating Profit Amid Growth in Blank Checks Industry

The recent financial results announced by Allegro Merger Corp (ALGRU) have generated a mixed response within the Blank Checks industry. As a stock market journalist, I have analyzed these results and identified a few key points worth noting.
Firstly, ALGRU reported an operating profit of $0.016757 million for the most recent fiscal period, which is a positive indicator. This improvement from the operating profit of $0.00852 million in the second quarter of 2022 presents encouraging news for investors. This increase in operating profit could potentially instill optimism among stakeholders, signaling the company's ability to generate returns.

Allegro Merger Corp

ALGRU, a Prominent Player in the Restaurant Sector, Releases First Quarter 2023 Earnings

The restaurant industry insiders are keeping a close eye on the Allegro Merger Corp as they begin interpreting the first quarter earnings of 2023. While the company hasn't reported its top-line results yet, they've noted the operating income of $0.0075 million for the period spanning January to March 31 of 2023.
The most effective way to understand the situation of the company in the fiscal period ending the first quarter of 2023 is to compare its current state to the previous year's first quarter. It's worth noting that the operating income during this period in 2022 was significantly higher at $0.018717 million.



About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com