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Berenson Acquisition Corp I  (NYSEAMER: BACA)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.6400 $0.00 0.000%
Day's High: $10.65 Week Perf: 0.68 %
Day's Low: $ 10.64 30 Day Perf: -0.28 %
Volume (M): 29 52 Wk High: $ 10.74
Volume (M$): $ 313 52 Wk Avg: $10.55
Open: $10.65 52 Wk Low: $10.33



 Market Capitalization (Millions $) 162
 Shares Outstanding (Millions) 15
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -21
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Berenson Acquisition Corp I
Berenson Acquisition Corp I is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with a target company. It raised funds through an initial public offering (IPO) and its shares are traded on a stock exchange. The company does not have an operating business of its own but seeks to find and acquire a target company within a specific timeframe. Once a target is identified and the acquisition is completed, the target company becomes a publicly traded entity through the merger with Berenson Acquisition Corp I. The SPAC structure allows for a quicker and more streamlined process compared to a traditional initial public offering, offering potential benefits to both the target company and investors.


   Company Address: 667 Madison Avenue New York 10065 NY
   Company Phone Number: 935-7676   Stock Exchange / Ticker: NYSEAMER BACA


   

Stock Performances by Major Competitors

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Berenson Acquisition Corp I

BACA Unveils Powerful Third Quarter Effort of 2023, Setting the Benchmark Amongst Businesses

The recent reporting season for Berenson Acquisition Corp I (BACA) has been less than favorable, surprising shareholders with unexpected moderations in the business. The company's operating profit during the period from July to September 30, 2023, stood at a meager $0.615961 million, a disappointing result compared to the same period the previous year.
One of the major observations from this report is the concerning course of action taken in managing the company's operations. Despite being in the progress cycle, it seems that the recent operational decisions have overshadowed those made in a similar interval in the past. This suggests that the company may be facing significant challenges in its operations, which have had a detrimental impact on its financial performance.

Berenson Acquisition Corp I

Berenson Acquisition Corp I faces mounting expenses in second quarter of 2023, raising concerns among stakeholders



Berenson Acquisition Corp I (BACA), a lesser-known player in the Blank Checks industry, recently announced its operating surplus of $0.222166 million for the second quarter of 2023. This figure marks a significant decline from the $0.471131 million reported in the same period last year.
The current financial performance of BACA reflects the prevailing challenges faced by emerging businesses in the industry. One of the major concerns revolves around whether the company has enough reserves to effectively develop its potential revenue sources. The second quarter of 2023 witnessed a shortfall of $2.668 million, raising several questions among stakeholders and investors.

Berenson Acquisition Corp I

Berenson Acquisition Corp I Achieves Impressive Financial Growth in Q1 2023, Surpassing Expectations

The Blank Checks industry has seen many corporations announce their respective numbers for the reporting season that runs from January to March 31, 2023. One of the companies to announce its numbers is Berenson Acquisition Corp I (BACA), which published an operating income of $0.676362 million for the fiscal span ending March 31, 2023.
Comparing these numbers to those of the corresponding span a year ago, it is clear that the company has become more economically efficient. In the previous reporting season, operating income was $0.430879 million. This represents a significant rise in operating income of 56.97%.










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