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Marblegate Acquisition Corp   (GATE)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.4400 $0.00 0.000%
Day's High: $10.44 Week Perf: -0.1 %
Day's Low: $ 10.44 30 Day Perf: 0.29 %
Volume (M): 1 52 Wk High: $ 11.01
Volume (M$): $ 10 52 Wk Avg: $10.30
Open: $10.44 52 Wk Low: $10.06



 Market Capitalization (Millions $) 132
 Shares Outstanding (Millions) 13
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -4
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Marblegate Acquisition Corp
Marblegate Acquisition Corp is a special purpose acquisition company (SPAC) based in New York. It was established with the intention of merging or acquiring an existing operating business. The company's primary focus is on areas including media, telecommunications, technology, and entertainment. Marblegate Acquisition Corp aims to identify and partner with high-potential companies that can benefit from its expertise and financial resources. By going public through a SPAC, it provides an alternative method for companies to access capital markets and facilitate growth opportunities.


   Company Address: 411 Theodore Fremd Avenue Rye 10580 NY
   Company Phone Number: 415-4081   Stock Exchange / Ticker: NASDAQ GATE
   GATE is expected to report next financial results on March 30, 2024.


   

Stock Performances by Major Competitors

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Marblegate Acquisition Corp

Marblegate Acquisition Corp's Surprising Financial Results: Operating Deficit Skyrockets in Third Quarter of 2023

As an avid observer of the financial market, I cannot pass up the opportunity to share my insights on the recent financial results of Marblegate Acquisition Corp. While this may not be a household name for many investors, it is crucial to keep an eye on smaller entities within the Blank Checks industry, as they often provide a glimpse into the broader trends and developments in the market.
Marblegate Acquisition Corp has released its financial report for the third quarter of 2023, and the figures are intriguing. The company's operating deficit has alarmingly increased to $-0.960044 million, a significant jump from the $-0.247674 million deficit reported in the same period last year. This uptick in operating deficit raises concerns about the company's financial health and its ability to generate revenue in the near future.

Marblegate Acquisition Corp

Marblegate Acquisition Corp's Gloomy Q2 Results: Operating Shortfall Plunges to $-1.18M, Marking a Steep Decline

As the reporting season for the second quarter of 2023 continues, a number of companies in various industries have announced their financial results. One such industry that has seen significant activity is the Blank Checks industry, and Marblegate Acquisition Corp is one of the entities that has made headlines.
Recently, GATE, a subsidiary of Marblegate Acquisition Corp, declared an operating shortfall of $-1.181011 million for the period between April and June 2023. This is a significant decline compared to the operating shortfall of $-0.226447 million in the same period last year.

Marblegate Acquisition Corp

Marblegate Acquisition Corp Witnesses Remarkable Surge in Business Expenditures during First Quarter of 2023

As the earnings season for January to March 31, 2023, continues, several businesses in the Blank Checks industry have reported their respective earnings. Among them, GATE disclosed an operating shortfall of $-2.514367 million for the first quarter of 2023, which is a significant drop from the same period the previous year.
Despite this setback, stakeholders in the Blank Checks industry expect new business models to emerge soon, although they do not rely on the recent productivity improvement at the Blank Checks company. This is not surprising given that GATE recorded a net loss of $-2.482 million, which is an extension from $-0.146 million in the same timeframe last year.






 




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