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Prime Impact Acquisition I  (PIAI)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.8200 $-0.18 -1.636%
Day's High: $11.0581 Week Perf: 1.41 %
Day's Low: $ 9.51 30 Day Perf: 0.65 %
Volume (M): 409 52 Wk High: $ 11.40
Volume (M$): $ 4,428 52 Wk Avg: $10.62
Open: $10.95 52 Wk Low: $9.42



 Market Capitalization (Millions $) 50
 Shares Outstanding (Millions) 5
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Prime Impact Acquisition I
Prime Impact Acquisition I is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses. It entered into an agreement to merge with and acquire Anthropocene SPAC Holdings, which is focused on sustainable investing. Prime Impact Acquisition I aims to identify target companies in the technology, healthcare, and energy sectors that align with its sustainability goals. The merger with Anthropocene will enable the combined company to leverage their expertise in impact investing to create long-term value and positive environmental and social impact. The company is led by a team of experienced professionals with a track record in finance, sustainability, and technology sectors.


   Company Address: 123 E San Carlos Street San Jose 95112 CA
   Company Phone Number: 825-6965   Stock Exchange / Ticker: NYSE PIAI
   PIAI is expected to report next financial results on March 30, 2024.


   

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Prime Impact Acquisition I

Prime Impact Acquisition I's Financial Results for Q2 2023 Reveal Surprising Turnaround in Operating Loss, Leaving Shareholders Anxious for Future Strategies



Prime Impact Acquisition I (PIAI) recently released its financial results for the second quarter of fiscal year 2023, covering the period from April to June 30. While investors had not anticipated any improvements in the company's top-line performance, they did monitor PIAI's operating loss during the same period. With a significant decline in net income when compared to the previous year, it is crucial to analyze how these results may impact PIAI moving forward.
1. Operating Loss Narrows but Remains a Cause for Concern:
During Q2 2023, PIAI incurred an operating loss of -$0.426116 million, an improvement from the -$0.111618 million loss reported in the second quarter of 2022. However, this operating loss still represents a challenge for the company. As shareholders closely monitor this metric, it suggests that PIAI needs to carefully evaluate its business operations and implement strategies to reduce costs and enhance revenue generation.

Prime Impact Acquisition I

Prime Impact Acquisition I Stumbles in First Quarter of 2023, Leaves Investors Anxious for a Turnaround

The stock market is always a topic of interest for investors and financial enthusiasts, and the latest news on the earnings cycle is one that has caught the attention of many. As the fiscal year of January to March 31, 2023, unfolds, several corporations have come forward to share their results, including some notable names in the Blank Checks industry.
One of the companies that have recently disclosed its results is Prime Impact Acquisition I. The company reported an operating deficit of $-1.295136 million for the first quarter of 2023, leaving investors eagerly awaiting a new business model to emerge as soon as possible. While the current proficiency of the organization at PIAI is of lesser concern to investors, the primary focus remains on whether the company can muster the strength to prompt a viable business model.






 




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