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Spree Acquisition Corp 1 Ltd  (NYSE: SHAP)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $10.9100 $-0.02 -0.183%
Day's High: $10.93 Week Perf: -0.09 %
Day's Low: $ 10.91 30 Day Perf: 0.55 %
Volume (M): 3 52 Wk High: $ 0.00
Volume (M$): $ 34 52 Wk Avg: $0.00
Open: $10.92 52 Wk Low: $0.00



 Market Capitalization (Millions $) 10
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) -187
 Capital Exp. (TTM) (Millions $) 0

Spree Acquisition Corp 1 Ltd
Spree Acquisition Corp 1 Ltd is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands. It was formed for the purpose of merging with or acquiring one or more businesses in the technology sector. SPACs are blank-check companies that raise capital through an initial public offering (IPO) with the intention of using the funds to acquire an existing operating business.

Spree Acquisition Corp 1 Ltd's management team consists of experienced professionals with a background in investing, technology, and corporate finance. They will carefully evaluate potential target companies and negotiate a merger or acquisition that is beneficial for both parties involved.

Once a target company has been identified, Spree Acquisition Corp 1 Ltd will use the funds raised during the IPO to complete the transaction. This allows the target company to bypass the traditional IPO process and become publicly traded.

Investors who participate in Spree Acquisition Corp 1 Ltd's IPO will receive shares of the SPAC. If the merger or acquisition is successfully completed, these shares will convert into shares of the newly merged company. If no suitable target is identified within a specific time frame, the funds will be returned to the investors.

Overall, Spree Acquisition Corp 1 Ltd provides a vehicle for investors to gain exposure to potential high-growth technology companies without having to identify and invest in them individually.


   Company Address: 94 Yigal Alon Tel Aviv 6789139
   Company Phone Number: 50-731-0810   Stock Exchange / Ticker: NYSE SHAP


   

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Spree Acquisition Corp 1 Ltd

Spree Acquisition Corp 1 Ltd Skyrockets with Mind-Blowing 16015% Revenue Surge in Q1 2023

Spree Acquisition Corp 1 Ltd, a renowned company in the financial sector, recently released its financial report for the fiscal first quarter of 2023. The report showcased significant improvements in the company's financial standing, with an impressive revenue elevation of 16015.385% year on year to reach $2.10 million. Despite this notable increase in revenue, the company also presented earnings per share (EPS) at $0.09, indicating a positive turn in earnings compared to the previous reporting period, where the EPS was -$0.01 per share.
The revenue improvement recorded was also significant, with the company's revenue increasing by 29.162% from $1.62 million. This indicates that the company has implemented profitable business strategies to boost its financial standing, resulting in a positive earnings turnaround. The company's earnings stood at $1.707 million in the fiscal first quarter of 2023, which showed improvement compared to a net deficit of -$0.290 million in the similar reporting period a year ago.










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