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Adit EdTech Acquisition Corp. (ADEX)

NYSE Financial Services Shell Companies
$5.38 ▲ +4.47%
Market Cap
$47.9M
Sector
Financial Services
Industry
Shell Companies
Beta
-0.23
52-Wk Range
3.07-12.39
CEO
David Leopold Shrier
Country
US
Currency
USD

Adit EdTech Acquisition Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $5.38, up 4.47% on the session, giving a market capitalisation of $47.9M. On trailing twelve-month figures it carries a trailing P/E of -5.72, a net margin of -275.6%. Its beta of -0.23 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-5.72
Price / Sales
2.14
Price / Book
-3.89
EV / EBITDA
-3.43
Gross margin
45.3%
Operating margin
-88.3%
Net margin
-275.6%
Return on equity
Debt / equity
-0.54
Current ratio
0.13
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
New York Stock Exchange
Employees
IPO date
2021-03-03
Headquarters
New York City, NY, US
About Adit EdTech Acquisition Corp.

Adit EdTech Acquisition Corp., headquartered in New York, New York, was established in 2020. This special purpose acquisition company currently lacks substantial independent business operations. Its primary objective is to execute a strategic business combination, which may involve undertaking a merger, exchanging capital stock, acquiring assets, purchasing stock, or orchestrating a broader reorganization with one or more other entities.

Comparable companies

Adit EdTech Acquisition Corp. is most often compared with the following Financial Services names:

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