Bannix Acquisition Corp. (BNIX)
Bannix Acquisition Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in Woodcliff Lake, NJ, US. The stock last traded at $3.01, down 66.56% on the session, giving a market capitalisation of $7.6M. On trailing twelve-month figures it carries a trailing P/E of -13.68, a net margin of 0.0%. Its beta of 0.01 implies it has historically moved less than the broad market.
Bannix Acquisition Corp. currently lacks substantial ongoing business operations. Its core objective is to execute a strategic business combination, which could involve various transaction structures such as mergers, asset purchases, share exchanges, or corporate reorganizations. It is specifically targeting companies operating within the B2B enterprise software, telecommunications, financial services, and retail sectors. Established in 2021, the firm maintains its headquarters in Woodcliff Lake, New Jersey.
Bannix Acquisition Corp. is most often compared with the following Financial Services names: