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Shuaa Partners Acquisition Corp I  (SHUA)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.9600 $-0.06 -0.544%
Day's High: $11.02 Week Perf: -0.36 %
Day's Low: $ 10.96 30 Day Perf: 1.29 %
Volume (M): 21 52 Wk High: $ 11.64
Volume (M$): $ 231 52 Wk Avg: $10.70
Open: $11.02 52 Wk Low: $10.46



 Market Capitalization (Millions $) 93
 Shares Outstanding (Millions) 8
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Shuaa Partners Acquisition Corp I
Shuaa Partners Acquisition Corp I is a special purpose acquisition company (SPAC) formed by SHUAA Capital in the United Arab Emirates. The purpose of the SPAC is to raise capital through an initial public offering (IPO) in order to acquire or merge with an existing business. SPACs like Shuaa Partners Acquisition Corp I are typically set up with the intention of finding a target company that can benefit from being publicly listed. The funds raised through the IPO are held in a trust account until a suitable acquisition target is identified. Once an acquisition is made, the target company becomes publicly listed through the merger or acquisition transaction.


   Company Address: 190 Elgin Avenue George Town 0
   Company Phone Number: 4 330 3600   Stock Exchange / Ticker: NASDAQ SHUA
   SHUA is expected to report next financial results on March 30, 2024.


   

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Shuaa Partners Acquisition Corp I

Shuaa Partners Acquisition Corp I Surpasses Expectations, Overcomes Operating Shortfall in Q2 2023


Introduction
As the reporting season for April to June 30, 2023 continues, various corporations have released their financial figures, shedding light on their performance during this period. This article focuses on SHUA (Shuaa Partners Acquisition Corp I), a company operating within the Blank Checks sector. Despite an operating shortfall in the previous financial period, SHUA's executives have managed to demonstrate promising performance and surpassed the numbers from the corresponding quarter of the previous year. This article delves into SHUA's financials and discusses the market's expectations for the company's future revenue streams.
SHUA's Operating Shortfall and Future Revenue Streams
In its most recent financial statement, covering the period ending on June 30, 2023, SHUA announced an operating shortfall of -$0.556992 million. This figure indicates that the company's operational expenses exceeded its revenue during that period. However, the market remains optimistic about SHUA's ability to generate additional revenue in the near future.

Shuaa Partners Acquisition Corp I

Revised Headline: Shuaa Partners Acquisition Corp I Shows Promising First Quarter Results, Significantly Reducing Operating Loss

Shuaa Partners Acquisition Corp I is a market leader in the financial and investment industry. Their primary focus is on aligning investors with sound financial opportunities, with the aim of increasing stakeholder value through sound investment strategies. Shuaa's stakeholders have been pleased with the company's performance in recent years.
The January to March 31, 2023 earning season has been a good one for Shuaa Partners Acquisition Corp I, with the company posting impressive results. Despite not implementing any significant changes, the company managed to record a revenue increase. The company's operating loss decreased significantly, dropping from $-0.612268 million to $-0.310447 million. This marks a significant improvement from the same period in the previous year.






 




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