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Mercato Partners Acquisition Corporation  (MPRA)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $11.7300 $2.63 28.901%
Day's High: $12.12 Week Perf: 12.14 %
Day's Low: $ 8.98 30 Day Perf: 10.35 %
Volume (M): 120 52 Wk High: $ 12.12
Volume (M$): $ 1,409 52 Wk Avg: $10.55
Open: $8.99 52 Wk Low: $8.63



 Market Capitalization (Millions $) 177
 Shares Outstanding (Millions) 15
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Mercato Partners Acquisition Corporation
Mercato Partners Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company focuses on identifying and acquiring a high-growth technology business in the software, internet, fintech, or technology-enabled services sectors. Mercato Partners Acquisition Corporation aims to provide a unique investment opportunity and strategic growth for its shareholders through its targeted business combination.


   Company Address: 2750 E. Cottonwood Parkway Suite #500 Cottonwood Heights 84121 UT
   Company Phone Number: 220-0055   Stock Exchange / Ticker: NASDAQ MPRA
   MPRA is expected to report next financial results on April 02, 2024.


   

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Mercato Partners Acquisition Corporation

Mercato Partners Acquisition Corporation Under Fire After Shocking $0.7 Million Operating Deficit Revealed: Shareholders Clamor for Urgent Business Turnaround amidst Financial Turmoil


As the April to June 30, 2023, reporting season unfolds, businesses across industries have released their financial results. One industry that has drawn significant attention is the Blank Checks industry, which encompasses various constituents including Mercato Partners Acquisition Corporation - a company whose recent operating deficit has caused concern among stakeholders.
Yesterday, MPRA disclosed an operating deficit of $-0.691227 million, marking the fiscal period ending on June 30, 2023. Given the current stage of the company, investors now eagerly await the unveiling of new business strategies as soon as possible. Shareholders are less focused on the organization's present state, but rather set their sights on the future.

Mercato Partners Acquisition Corporation

Mercato Partners Acquisition Corporation Sees Rapid Business Growth Amidst Operating Losses in Q1 2023

Investors in Mercato Partners Acquisition Corporation have been closely watching the company's financial performance during the first quarter of 2023. While the investors did not expect any changes in the company's revenue during this period, they have expressed concerns about the company's operating loss. Reports indicate that the company incurred an operating loss of $-3.377874 million during the period, compared to a loss of $-0.309703 million in the same period in the previous year.
One key factor that investors are watching closely is the company's revenue. While the company is in a growth phase, investors are hoping to see increased revenue to support the company's growth and ensure that they have the liquidity needed to continue operations on a day-to-day basis.






 




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