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Rmg Acquisition Corp Iii  (RMGC)
Other Ticker:  
 
 
Price: $10.0000 $-0.03 -0.299%
Day's High: $10 Week Perf: -0.1 %
Day's Low: $ 10.00 30 Day Perf: -3.94 %
Volume (M): 1 52 Wk High: $ 11.45
Volume (M$): $ 10 52 Wk Avg: $10.59
Open: $10.00 52 Wk Low: $9.90



 Market Capitalization (Millions $) 130
 Shares Outstanding (Millions) 13
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Rmg Acquisition Corp Iii
RMG Acquisition Corp III is a special purpose acquisition company (SPAC) listed on the New York Stock Exchange. Its primary focus is to merge with an operating company, thereby taking it public and providing it with the necessary funds to grow. The company is led by experienced management and has a strong track record in successfully executing business combinations. With access to a significant amount of capital raised through its initial public offering, RMG Acquisition Corp III aims to identify attractive investment opportunities and create long-term value for its shareholders.


   Company Address: 57 Ocean, Suite 403 Miami Beach 33140 FL
   Company Phone Number: 584-8352   Stock Exchange / Ticker: NASDAQ RMGC
   RMGC is expected to report next financial results on April 16, 2024.


   

Stock Performances by Major Competitors

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Rmg Acquisition Corp Iii

RMGC Defies Market Trends, Seeks New Business Model to Overcome Q2 Shortfall

Over the course of the last five trading days, RMG Acquisition Corp III stock experienced no change, resulting in a 0% drop. This brings the year-to-date performance of the stock to 4.66%. Additionally, the stock is currently 7.9% lower than its 52-week high.
While leaders in the Industrial Machinery and Components industry have been reporting their numbers, lesser-known businesses like RMG Acquisition Corp III have also been making their announcements. RMGC recently disclosed an operating shortfall of $-4.395173 million for the second quarter of 2023. As the business continues to grow and evolve, stakeholders are eager for a new business model to emerge soon.

Rmg Acquisition Corp Iii

Rmg Acquisition Corp III Reports Significant Operating Loss of $2.14 Million for Q1 2023 with No Revenue Recorded Yet

The first quarter of 2023 has been a challenging period for the Blank Checks industry, as RMG Acquisition Corp III has yet to report any revenue. However, despite an operating loss of $-2.142881 million, down from the first quarter of 2022, investors are optimistic about the company's future.
The market has been speculating about when RMGCs will begin reporting revenue, but it is important to note that earnings are currently subordinate to the company's overall strategy. The recent deficit of $-2.781 million in the January to March 31 2023 timeframe, compared to being above break-even in the same period the previous year, may seem concerning, but it is essential to view these figures in the context of the company's wider goals.






 




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