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Duet Acquisition Corp   (DUETU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.9000 $0.01 0.092%
Day's High: $10.9 Week Perf: 0.55 %
Day's Low: $ 10.90 30 Day Perf: 6.55 %
Volume (M): 0 52 Wk High: $ 11.20
Volume (M$): $ 1 52 Wk Avg: $10.66
Open: $10.90 52 Wk Low: $10.01



 Market Capitalization (Millions $) 68
 Shares Outstanding (Millions) 6
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Duet Acquisition Corp
Duet Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of merging or acquiring other businesses. It was founded by Sam J. Altman and Daniel Gross in February 2022 and raised approximately $300 million through an initial public offering. The company is focused on identifying and merging with a target company that has the potential for significant growth and value creation. Duet Acquisition Corp aims to leverage its industry experience and network to help the target company achieve its goals and enhance shareholder value.


   Company Address: V03-11-02, Designer Office Kuala Lumpur 55100
   Company Phone Number: 316-4805   Stock Exchange / Ticker: NASDAQ DUETU
   DUETU is expected to report next financial results on March 30, 2024.


   

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Duet Acquisition Corp

Deterioration in Corporate Performance Disconcerts Investors as Duet Acquisition Corp Suffers $-1.067814 Million Operating Deficit in Q2 2023 Earnings Season

The Blank Checks sector has been closely analyzing the results of the second quarter of 2023, specifically focusing on Duet Acquisition Corp. The company's operating deficit of $-1.067814 million has raised concerns among investors, considering the absence of any reported revenue during this period.
In order to provide a better understanding of Duet Acquisition Corp's financial situation, it is important to compare these results with previous quarters. In the same reporting period of April to June 2022, the emerging growth business recorded an operating deficit of $-0.530612 million. However, it is worth noting that the company has not disclosed its revenue figures to date.

Duet Acquisition Corp

Duet Acquisition Corp Reports Operating Loss of $0.484 Million in Q1 2023, Prompting Concerns Among Blank Checks Sector Veterans

As a journalist covering the financial markets, I have been keeping a close eye on the Blank Checks sector for the first quarter of 2023. It seems that the veteran players in this sector are particularly interested in the earnings reported by Duet Acquisition Corp.
According to their recent financial results, Duet Acquisition Corp reported an operating loss of $-0.484519 million for the first quarter of 2023. What is interesting to note is that the company did not specify any revenue during this period. It is important to keep in mind that DUETU has not reported any revenues to date.






 




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