CSIMarket
 
Swiftmerge Acquisition Corp  (NASDAQ: IVCP)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $10.5000 $0.99 10.410%
Day's High: $12.7 Week Perf: -12.57 %
Day's Low: $ 8.80 30 Day Perf: -5.41 %
Volume (M): 42 52 Wk High: $ 13.39
Volume (M$): $ 437 52 Wk Avg: $10.95
Open: $12.70 52 Wk Low: $8.80



 Market Capitalization (Millions $) 13
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Swiftmerge Acquisition Corp
Swiftmerge Acquisition Corp is a Special Purpose Acquisition Company (SPAC) that was formed for the purpose of acquiring and merging with one or more businesses. It is listed on a stock exchange and raises funds from investors through an Initial Public Offering (IPO) in order to finance the acquisition. The company typically has a two-year timeframe to identify and complete a merger or acquisition, failing which it may need to return the funds to the investors. SPACs like Swiftmerge Acquisition Corp provide an alternative route for companies to go public and raise capital.


   Company Address: 4318 Forman Ave Toluca Lake 91602 CA
   Company Phone Number: 431-0030   Stock Exchange / Ticker: NASDAQ IVCP


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ROCL     
• View Complete Report
   



Swiftmerge Acquisition Corp

Swiftmerge Acquisition Corp Shows Significant Improvement in Operating Deficit, Paving the Way for Future Growth



As the first quarter of 2024 comes to a close, stock market consultants specializing in the Blank Checks sector have started analyzing the financial performance of companies to gain insight into market trends. One particularly intriguing observation is the operating deficit of -$0.400975 million reported by a certain company for the January to March 2024 reporting period. In contrast, this company has yet to disclose any revenue. Despite the lack of revenue, the fact that the operating deficit has significantly improved compared to the same period last year, when it stood at -$1.218706 million, is considered encouraging news. Let's delve deeper into this situation and how it affects investor confidence in IVCP.
Operating Deficit Improvement
The company's notable reduction in operating deficit compared to the previous year reflects its efforts to streamline operations and maximize efficiency. The -$0.817731 million decrease in deficit is a promising sign for investors, indicating that the company has successfully cut expenses or found new sources of revenue. This bodes well for potential profitability in the coming quarters.










Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com