Battery Future Acquisition Corp. (BFAC)
Battery Future Acquisition Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $11.14, up 0.13% on the session, giving a market capitalisation of $153.7M. On trailing twelve-month figures it carries a trailing P/E of 61.89, a net margin of 0.0%. Its beta of -0.03 implies it has historically moved less than the broad market.
Battery Future Acquisition Corp. (BFAC) is a special purpose acquisition company with no substantive ongoing operations. Its primary objective is to engage in a strategic business combination, such as a merger, asset acquisition, share purchase, or reorganization, with one or more existing enterprises. The company's focus for this acquisition is on industries at the forefront of the global shift from fossil fuels towards electrification, specifically targeting businesses across the entire battery value chain. Established in 2021, the firm maintains its corporate base in Miami, Florida.
Battery Future Acquisition Corp. is most often compared with the following Financial Services names: