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Crescera Capital Acquisition Corp   (NASDAQ: CREEF)
Other Ticker:  
 
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial
 
Price: $10.9400 $0.00 0.000%
Day's High: $10.94 Week Perf:
Day's Low: $ 10.94 30 Day Perf:
Volume (M): 8 52 Wk High: $ 0.00
Volume (M$): $ 89 52 Wk Avg: $0.00
Open: $10.94 52 Wk Low: $0.00



 Market Capitalization (Millions $) 1,657
 Shares Outstanding (Millions) 151
 Employees 11
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 6
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Crescera Capital Acquisition Corp
Crescera Capital Acquisition Corp is a special purpose acquisition company (SPAC) that was formed with the purpose of acquiring or merging with one or more businesses in order to take them public. SPACs like Crescera Capital acquire funds through an initial public offering (IPO) and then use those funds to find suitable target companies to merge with or acquire. Once a merger or acquisition is completed, the target company becomes publicly traded through Crescera Capital. The company typically focuses on industries such as technology, healthcare, financial services, or consumer products.


   Company Address: Rua Aníbal de Mendonça, 27, 2nd floor Rio de Janeiro 22410
   Company Phone Number: (21) 3687-1500   Stock Exchange / Ticker: NASDAQ CREEF


   

Stock Performances by Major Competitors

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Crescera Capital Acquisition Corp

Crescera Capital Acquisition Corp Achieves Impressive Third Quarter Results in 2023 Amongst Numerous Entities



In the competitive world of the blank checks sector, well-known industry leaders have set high standards for success. However, amid the anticipation, several lesser-known entities are emerging with their own financial results. Crescera Capital Acquisition Corp, a prominent player in this sector, recently announced an operating shortfall of $-0.186387 million for the third quarter of 2023. This revelation has prompted investors to anxiously await the company's additional business strategy in hopes of overcoming the current setback.
Operating Shortfall and Investor Concerns:
Crescera Capital Acquisition Corp's operating shortfall of $-0.186387 million has dampened the prevailing spirit surrounding the company. Investors are naturally concerned about the current organization's accomplishments at the CREEF (blank check sector). However, it is crucial to note that although revenues have not been prominent thus far, the company's real measure of success lies in its bottom line.
Crescera Capital Acquisition Corp

Crescera Capital Acquisition Corp Reveals Challenging Q2 2023 Numbers: Significant Operating Deficit and Absence of Substantial Revenues Raise Concerns

The results of the second quarter of 2023 are in, and it seems that the Blank Checks sector is facing some challenges. Researchers have been closely analyzing the financial performance of companies within this sector, and one finding that stands out is the operating deficit of $-0.352593 million reported by CREEF. What's concerning is that CREEF has not yet specified any revenue for this reporting period, which covers April to June 30, 2023.
When interpreting the results of the second quarter, it's crucial to consider the company's performance in the previous year. Comparatively, the operating deficit for the same period in 2022 was $-0.140589 million. This decline in net profits, coupled with the absence of substantial revenues, has put a damper on the overall morale surrounding the company.









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