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Bannix Acquisition Corp   (BNIX)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $11.1600 $0.01 0.090%
Day's High: $11.16 Week Perf: -0.09 %
Day's Low: $ 11.15 30 Day Perf: 1.45 %
Volume (M): 2 52 Wk High: $ 11.25
Volume (M$): $ 26 52 Wk Avg: $10.89
Open: $11.16 52 Wk Low: $10.64



 Market Capitalization (Millions $) 46
 Shares Outstanding (Millions) 4
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Bannix Acquisition Corp
Bannix Acquisition Corp is a special purpose acquisition company (SPAC) formed for the purpose of merging with or acquiring one or more operating businesses. It is led by a team of experienced professionals who have expertise in evaluating potential target companies. Bannix Acquisition Corp aims to identify and acquire businesses with strong growth potential and attractive investment opportunities. With their strategic approach, they plan to provide value to their shareholders by successfully executing a merger or acquisition.


   Company Address: 8265 West Sunset Blvd. West Hollywood 90046 CA
   Company Phone Number: 682-8949   Stock Exchange / Ticker: NASDAQ BNIX


   

Stock Performances by Major Competitors

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Stock Market Announcement

Bannix Acquisition Corp. Extends Deadline for Initial Business Combination

Published Tue, Aug 20 2024 12:00 PM UTC



In a recent press release, Bannix Acquisition Corp. announced its decision to extend the deadline for completing its initial business combination by one month. This move comes as the company aims to secure the best possible deal and create value for its shareholders. With 4.081747 million shares outstanding and a current price of $11.13, Bannix Acquisition Corp. is...

Bannix Acquisition Corp

BNIX, a Software & Programming Company, Faces Decline in Performance in First Quarter of 20242.

As a financial journalist for the CSIMarket.com, I have been closely following the recent financial results of companies in the Software & Programming sector. While the bellwethers in this industry typically receive the most attention, it is important to also analyze the performance of lesser-known businesses like BNIX.
In the first quarter of 2024, BNIX reported an operating shortfall of $-0.420052 million, compared to $-0.31353 million in the same period the previous year. This increase in operating shortfall is concerning, as it indicates that the company is struggling to effectively manage its expenses and generate sufficient revenue. The net loss of $0.189 million adds further pressure on shareholders and raises doubts about the company's financial stability.

Management Announcement

Bannix Acquisition Corp Extends Business Combination Deadline as Financial Challenges Linger

Published Fri, May 17 2024 12:30 PM UTC

Bannix Acquisition Corp Faces Challenges as Deadline for Business Combination Extended
WILLMINGTON, Del., May 17, 2024 - Bannix Acquisition Corp. (Bannix) has announced a monthly extension to complete its initial business combination, raising concerns about the company's future prospects. The decision to extend the deadline date from May 14 to June 14, 2024, was made b...

Partnership

Revolutionary Imaging Tech 'VisionWave' to Permeate Markets as Bannix and GBT Announce Binding Business Combination Agreement

Published Thu, Mar 28 2024 12:30 PM UTC

Bannix and GBT Partner to Bring Revolutionary Imaging Tech VisionWave to MarketIn a groundbreaking move that is set to redefine the future of imaging technology, Bannix and GBT have announced a partnership to bring the revolutionary product, VisionWave, to the market. The two companies have entered into a binding business combination agreement, aiming to push the boundaries ...

Management Announcement

Bannix Acquisition Corp. Extends Deadline to Seal Initial Business Combination

Published Tue, Feb 20 2024 1:00 PM UTC


In a move that indicates strategic flexibility, Bannix Acquisition Corp. (Bannix) has announced an extension to the timeline by which it must conclude its initial business combination. The announcement was made by the company's board of directors, signaling their commitment to carefully evaluate opportunities and ensure the best possible outcome for shareholders. Origin...










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