Alset Capital Acquisition Corp. (ACAX)
Alset Capital Acquisition Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $3.82, down 63.27% on the session, giving a market capitalisation of $17.6M. On trailing twelve-month figures it carries a trailing P/E of 40.55, a net margin of -657.7%. Its beta of 0.00 implies it has historically moved less than the broad market.
Alset Capital Acquisition Corp. is formed with the objective of completing a business combination, such as a merger, asset or stock acquisition, or a reorganization, with other enterprises. The company intends to primarily seek out and engage with businesses within the real estate industry. This includes firms involved in construction, homebuilding, property ownership and management, real estate financing, insurance, related service providers, and technology companies operating in the real estate domain. Incorporated in 2021, its operations are based in Bethesda, Maryland.
Alset Capital Acquisition Corp. is most often compared with the following Financial Services names: