Acri Capital Acquisition Corporation (ACACU)
Acri Capital Acquisition Corporation operates in the Shell Companies industry of the Financial Services sector, headquartered in Austin, TX, US. The stock last traded at $12.94, down 0.08% on the session, giving a market capitalisation of $44.5M. On trailing twelve-month figures it carries a trailing P/E of 61.62, a net margin of 0.0%. Its beta of 0.03 implies it has historically moved less than the broad market.
Acri Capital Acquisition Corporation's primary objective is to execute various forms of corporate combinations, such as mergers, stock exchanges, asset acquisitions, or reorganizations, involving other companies. The company specifically targets technology-driven enterprises operating in high-growth sectors such as Software-as-a-Service (SaaS), artificial intelligence (AI), cloud computing, and the Internet of Things (IoT) for these strategic partnerships. Established in 2022, the corporation maintains its headquarters in Austin, Texas.
Acri Capital Acquisition Corporation is most often compared with the following Financial Services names: