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C5 Acquisition Corporation  (CXAC)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.7850 $0.04 0.326%
Day's High: $10.785 Week Perf: -0.05 %
Day's Low: $ 10.70 30 Day Perf: -0.69 %
Volume (M): 5 52 Wk High: $ 11.85
Volume (M$): $ 55 52 Wk Avg: $10.65
Open: $10.70 52 Wk Low: $10.38



 Market Capitalization (Millions $) 163
 Shares Outstanding (Millions) 15
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 5
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

C5 Acquisition Corporation
C5 Acquisition Corporation is a special purpose acquisition company (SPAC) that was formed for the purpose of merging with or acquiring one or more businesses. SPACs are shell companies that raise funds through an initial public offering (IPO) with the intention of using the capital to acquire an existing operating company. C5 Acquisition Corporation aims to identify and merge with a target company in the technology, media, and telecommunications (TMT) sector. Once the merger or acquisition occurs, the target company becomes a publicly traded entity, providing investors with an opportunity for potential returns. C5 Acquisition Corporation may also provide additional funding to support the growth and expansion of the acquired business.


   Company Address: 1701 Pennsylvania Ave NW Washington 20006 DC
   Company Phone Number: 452-9133   Stock Exchange / Ticker: NYSE CXAC
   CXAC is expected to report next financial results on March 30, 2024.


   

Stock Performances by Major Competitors

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C5 Acquisition Corporation

Working Expenditures Surge in Q2 2023 Earnings Season at C5 Acquisition Corporation

Currently, the Blank Checks sector seems to be struggling, with smaller entities like C5 Acquisition Corporation announcing disappointing earnings. In the second quarter of 2023, C5 Acquisition Corporation revealed an operating loss of $-0.616039 million, which represents a significant deterioration compared to the second quarter of 2022 when the operating loss was $-0.458558 million.
This decline in operating loss is concerning for shareholders and investors, as it suggests that the company's performance is heading in the wrong direction. It raises questions about the company's ability to generate revenue and turn a profit in the future. If C5 Acquisition Corporation is unable to reverse this trend, it may face further financial challenges in the coming quarters.

C5 Acquisition Corporation

C5 Acquisition Corporation Makes Waves! Blank Checks Market Dynamically Shifts in Q1 2023 Reports Despite Predicted Losses

The first quarter of 2023 has proved to be a mixed bag for investors of the Blank Checks company, C5 Acquisition Corporation (CXAC). While investors have not hoped for any significant changes at the business, there are key indicators that they are closely monitoring.
CXAC's operating loss during the January to March 31, 2023 reporting season has been -$0.582252 million. This is a decline from -$0.501873 million in the first quarter of 2022. This decline is significant, and investors are paying close attention to it. They hope that the trend will continue and that CXAC's operating loss will continue to decrease.






 




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