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Quantum Fintech Acquisition Corporation  (QFTA)
Other Ticker:  
 
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial
 
Price: $10.2600 $3.48 51.327%
Day's High: $10.26 Week Perf: 35.18 %
Day's Low: $ 6.85 30 Day Perf: 57.85 %
Volume (M): 11 52 Wk High: $ 10.26
Volume (M$): $ 109 52 Wk Avg: $7.56
Open: $6.87 52 Wk Low: $5.97



 Market Capitalization (Millions $) 53
 Shares Outstanding (Millions) 5
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Quantum Fintech Acquisition Corporation
Quantum Fintech Acquisition Corporation is a special purpose acquisition company (SPAC) formed to identify and merge with a target company in the fintech sector. The company aims to use its capital and expertise to support the growth and development of emerging fintech businesses. As a SPAC, Quantum Fintech Acquisition Corporation raises funds through an initial public offering (IPO) and then seeks out a suitable acquisition target within a specified timeframe. The goal is to leverage the expertise of Quantum Fintech Acquisition Corporation's management team and strategic partners to drive the success of the merged entity in the rapidly evolving fintech industry.


   Company Address: 4221 W. Boy Scout Blvd Tampa 33607 FL
   Company Phone Number: 257-9366   Stock Exchange / Ticker: NYSEAMER QFTA


   

Stock Performances by Major Competitors

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Business Update

AtlasClear and Quantum FinTech Announce Merger, Forming AtlasClear Holdings, Inc., and Acquiring Wilson-Davis & Co: A Game-Changing Move in the Financial Industry.

Published Mon, Feb 12 2024 1:30 PM UTC

AtlasClear Completes Business Combination with Quantum FinTech Acquisition Corporation and Acquisition of Wilson-Davis & Co., Forming AtlasClear Holdings, Inc.In a major development in the financial industry, AtlasClear, Inc. has announced the successful completion of its business combination with Quantum FinTech Acquisition Corporation (Quantum) and the acquisition of Wilso...
Business Update

AtlasClear Extends Business Combination Agreement with Quantum FinTech and Restructures Acquisition of Wilson-Davis & Co., Inc.

Published Wed, Jan 10 2024 1:30 PM UTC

AtlasClear, Inc. (AtlasClear) has announced the extension of its business combination agreement with Quantum FinTech Acquisition Corporation (Quantum), a publicly-traded special purpose acquisition company. The agreement, which was approved by Quantum's stockholders on November 3, 2023, marks a significant step towards completing the proposed acquisition of Wilson-Davis & Co...
Quantum Fintech Acquisition Corporation

Quantum Fintech Acquisition Corporation Reports Enhanced Operating Deficit in Q3 2023 Earnings Season, Raising Concerns for Future Growth

Quantum Fintech Acquisition Corporation is a publicly-traded special purpose acquisition company (SPAC) that has been gaining attention in the financial and technology sectors. In the recent reporting season from July to September 30, 2023, the company did not make any adjustments at the top-line. However, investors have noticed the company's operating deficit, which was at $-0.640813 million during this time period. This deficit is significantly larger than the deficit recorded in the same period of the previous year, indicating the recent challenges faced by the company.
One of the key takeaways from this report is that Quantum Fintech Acquisition Corporation operates predominantly in the progress cycle. This means that the company is focused on growth and development, which requires substantial resources. The recent difficulties faced by the company raise concerns about whether it has sufficient resources to effectively nurture its potential business strategy.
Stock Transactions

AtlasClear and Quantum FinTech Acquisition Corporation Forge Path for Future Success, Waiving Minimum Cash Condition for Business Combination

Published Fri, Oct 20 2023 12:41 PM UTC


In a momentous decision that underscores their unwavering faith in AtlasClear's potential, the blockchain-based technology provider and Quantum FinTech Acquisition Corporation today announced their agreement to waive the $40 million minimum cash condition required for their highly anticipated business combination. This bold move speaks volumes about both companies' conf...
Quantum Fintech Acquisition Corporation

Quantum Fintech Acquisition Corporation Delivers Stellar Q2 2023 Performance, Cementing its Status as Industry Leader



The financial results for the second quarter of 2023 from Quantum Fintech Acquisition Corporation have attracted the attention of industry insiders. While the small organization has not disclosed its top-line figures, it is important to examine the context provided by the previous year's performance. This article aims to outline the facts and shed light on the implications of the recent financial results.
Financial Performance Overview:
Quantum Fintech Acquisition Corporation reported an operating shortfall of $-0.577313 million for the second quarter of 2023, which marks a slight increase from the previous year's figure of $-0.566616 million. However, it is crucial to note that the small organization has not disclosed its top-line results, making it difficult to gauge the full extent of its current performance.









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