| Market Capitalization (Millions $) |
16 |
| Shares
Outstanding (Millions) |
2 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
-5 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Excelfin Acquisition Corp
Excelfin Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring one or more businesses or assets. The company is typically established with the intention of merging with or acquiring an operating company within a specific timeframe.
SPACs like Excelfin Acquisition Corp typically raise funds through an initial public offering (IPO) and use the proceeds to identify and pursue potential acquisition targets. The management team of the SPAC will usually have experience in the industry of the target company and will work with advisors to evaluate potential deals.
Upon identifying a suitable acquisition target, Excelfin Acquisition Corp will negotiate the terms of the merger or acquisition. Once the deal is finalized, the operating company will become a publicly-traded entity through the merger with the SPAC. This allows the operating company to go public without undergoing the traditional IPO process.
Excelfin Acquisition Corp aims to generate value for its shareholders by acquiring a successful and promising business and facilitating its transition into the public market.
Company Address: 100 Kingsley Park Dr. Fort Mill 29715 SC
Company Phone Number: 209-8581 Stock Exchange / Ticker: NASDAQ XFIN
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