CSIMarket
 
Silver Crest Acquisition Corporation  (SLCR)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 35
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 23
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Silver Crest Acquisition Corporation
Silver Crest Acquisition Corporation is a special purpose acquisition company (SPAC) that was founded in July 2020, with the purpose of acquiring one or more businesses or assets in the technology, consumer, or industrial sectors. The company is incorporated in the Cayman Islands and based in New York City, United States. Its corporate sponsor is Silver Crest Sponsor LLC.

Silver Crest Acquisition Corporation raised $300 million in its initial public offering (IPO) in October 2020, which it plans to use for its acquisition(s) and to cover other expenses associated with the transactions. The company's IPO was led by Credit Suisse and Barclays as joint book-running managers.

The management team of Silver Crest Acquisition Corporation comprises experienced professionals with a track record of managing SPACs and M&A deals. The Chairman and CEO of the company is Scott A. Prince, who previously served as a partner at Goldman Sachs and as the CEO of the publicly traded SPAC, Crexendo, Inc.

Silver Crest Acquisition Corporation has not yet completed any acquisition as at the time of writing, and it is actively seeking potential targets. The company has indicated that it is focused on businesses with a strong growth potential, a proven track record of profitability, and a sustainable competitive advantage.

Silver Crest Acquisition Corporation has also indicated that it will prioritize investing in companies that align with its ESG (Environmental, Social, and Governance) standards. It intends to work with its target companies to improve their ESG performance and make a positive impact in the communities they operate in.

In conclusion, Silver Crest Acquisition Corporation is a newly formed SPAC that has raised $300 million to acquire one or more businesses or assets in the technology, consumer, or industrial sectors. The company's leadership team is experienced and focused on investing in companies that align with its ESG standards.


   Company Address: Suite 3501, 35/F, Jardine House Central 0
   Company Phone Number: 2165-9000   Stock Exchange / Ticker: NASDAQ SLCR
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Powerup Acquisition Corp

Headline: Blank Checks Company Powerup Acquisition Corp Reports Surge in Operating Profit for Q4 2023

The Blank Checks industry is currently analyzing the fourth-quarter earnings of 2023. The focus is on Powerup Acquisition Corp (PWUPU), which reported an operating profit of $2.277721 million for the period between October and December 31, 2023. However, no information has been provided regarding the top-line figures for this quarter.
Comparing this performance to the fourth quarter of 2022, it is evident that Powerup Acquisition Corp conducted its business more efficiently, as reflected in the rise of operating profit from $1.638661 million to $2.277721 million.

Kernel Group Holdings Inc

Kernel Group Holdings Inc Faces Operating Contraction and Net Deficit in Q4 2023

Investors were taken by surprise as Kernel Group Holdings Inc reported a net deficit of $-7.54 million and revenue of $0.00 million for the fiscal period 2023. The operating shortfall of $-0.741232 million during the same time frame also raised concerns among stakeholders.
However, despite these disappointing figures, the markets are hopeful for additional revenue streams to come in the near future. The current profits of $0.862 million, while less than the previous year's Q4 results by -70.64%, provide some comfort to investors.

Broad Capital Acquisition Corp

BRAC's Strong Recovery in Fourth Quarter 2023 Earnings Sparks Investor Interest

In the world of Blank Checks industry, the focus has primarily been on the larger companies and their earnings reports. However, some lesser known corporations are making headlines with their financial updates.
BRAC (Blank Checks Acquisition Corp) recently reported an operating shortfall of $-0.491381 million for the fourth quarter of 2023. Despite this, the company has shown improvement compared to the same period last year. Operating in the progress stage, BRAC's performance has caught the attention of investors and analysts alike.

Climaterock

Again Positive Income at the Climaterock in third quarter of 2023 earnings season

For the third quarter of 2023 earnings season CLCRU bottom-line turned positive of $0.11 per share compare to $-0.03 a year before and earnings per share soared by 57.14 % from $0.07 per share from the prior reporting season. The revenue remained unaltered to $0.00 million from $0.35 million in the same reporting season a year before and sequentially from $0.00 million.

Global Star Acquisition Inc

Global Star Acquisition Inc. Reports Operating Profit in Q4 20232.

The Blank Checks industry has been making waves in the financial world, and the latest reports from Global Star Acquisition Inc (GLSTU) only add to the intrigue. With the October to December 31, 2023 reporting season in full swing, GLSTU has disclosed an operating profit of $3.630548 million for the mentioned period. However, it is important to note that this is not a significant increase from the previous fiscal period, as the company reported a net profit of $1.04 million.
What is perhaps more concerning for GLSTU is the fact that they have recorded a net shortfall of $-0.028 million, indicating a difference of $-0.028 million compared to the same reporting period a year ago. This is certainly not an ideal situation for the company, as investors may question why the books are not balanced in a similar time frame.






 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com