| Market Capitalization (Millions $) |
54 |
| Shares
Outstanding (Millions) |
17 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
-3 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Redwoods Acquisition Corp
Redwoods Acquisition Corp is a special purpose acquisition company (SPAC) that was formed with the purpose of acquiring and merging with other businesses. As a SPAC, Redwoods Acquisition Corp doesn't have any specific business operations of its own, but instead raises capital through an initial public offering (IPO) for the sole purpose of acquiring a target company.
Once Redwoods Acquisition Corp completes its IPO, it has a limited period of time, typically two years, to identify and enter into a merger agreement with a target company. The target company is usually identified based on certain specified criteria, such as industry sector, geographic region, or growth potential.
Redwoods Acquisition Corp then uses the proceeds from its IPO, as well as additional financing if needed, to acquire a controlling interest in the target company and facilitate the merger. The target company becomes a publicly traded company as a result of the merger, allowing existing shareholders of the target company to convert their ownership into shares of Redwoods Acquisition Corp.
Through this process, Redwoods Acquisition Corp provides a way for privately held companies to go public and gain access to capital markets. It also offers investors the opportunity to participate in the potential growth and success of the target company.
Company Address: 1115 Broadway New York 10010 NY
Company Phone Number: 916-5315 Stock Exchange / Ticker: NASDAQ RWODU
|
