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Shoulderup Technology Acquisition Corp  (NYSE: SUACU)
Other Ticker:  
 
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial
 
Price: $9.5000 $-0.41 -4.137%
Day's High: $9.5 Week Perf: -10.38 %
Day's Low: $ 9.50 30 Day Perf:
Volume (M): 0 52 Wk High: $ 10.89
Volume (M$): $ 1 52 Wk Avg: $10.18
Open: $9.50 52 Wk Low: $9.50



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

Shoulderup Technology Acquisition Corp
Shoulderup Technology Acquisition Corp is a special purpose acquisition company (SPAC) focused on acquiring and merging with a technology company. The company was formed to raise capital through an initial public offering (IPO) with the goal of acquiring a target company in the technology sector. Shoulderup Technology Acquisition Corp seeks to identify high-growth and innovative technology companies that have the potential to generate significant returns for investors. Once a target company is identified, Shoulderup Technology Acquisition Corp will use its IPO funds to complete the acquisition and merge the two entities. Overall, the company aims to create value by leveraging its expertise in the technology sector and identifying attractive investment opportunities in the market.


   Company Address: 125 Townpark Drive Kennesaw 30144 GA
   Company Phone Number: 924-0446   Stock Exchange / Ticker: NYSE SUACU


   

Stock Performances by Major Competitors

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Shoulderup Technology Acquisition Corp

Shoulderup Technology Acquisition Corp Holds Strong Revenue Stance - Matching Last Year's Success!


As the fiscal period comes to a close, SUACU's financial results reveal a challenging landscape that demands careful analysis and strategic decision-making. Although our latest earnings report brings sobering news, it also presents an opportunity for us to identify areas of improvement and adapt to the evolving market conditions.
During the most recent fiscal period, SUACU recorded zero gain per share, compared to $0.02 per share a year ago, and $0.03 per share from the preceding reporting season. This stagnation signifies a decline in profitability over the past year. While this may seem disheartening, it is imperative that we delve deeper into the underlying reasons behind this trend.
Shoulderup Technology Acquisition Corp

Shoulderup Technology Acquisition Corp Reports Operating Loss Improvement in Q2 2023 with Potential for Growth


Introduction
In the ever-evolving world of financial markets, even lesser-known corporations play a crucial role. One such company, Shoulderup Technology Acquisition Corp, has recently released its financial results for the second quarter of 2023. By delving into these results and comparing them to previous periods, we can gain insights into the current state of the company and speculate on its future prospects.
Operating Loss Improvement
Shoulderup Technology Acquisition Corp reveals a significant improvement in its operating loss for the second quarter of 2023. The company reported a loss of $-0.3219 million, compared to the prior year's loss of $-0.424969 million. This improvement demonstrates the corporation's ability to compete more economically, showcasing its potential for growth. The reduction in operating loss suggests that the company has implemented effective cost control measures or experienced a boost in revenue generation.









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