Kingswood Acquisition Corp. (KWAC)
Kingswood 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 $13.30, up 0.38% on the session, giving a market capitalisation of $46.2M. On trailing twelve-month figures it carries a trailing P/E of 78.24, a net margin of 0.0%. Its beta of 0.08 implies it has historically moved less than the broad market.
Kingswood Acquisition Corp. currently lacks substantial business operations of its own. The company's primary objective is to finalize a strategic business combination, which could involve a merger, an exchange of stock, an acquisition of assets, a purchase of shares, a corporate restructuring, or a comparable transaction, with one or more existing entities. It aims to pinpoint an appropriate business target within the wealth management, financial advisory, and investment management sectors, with a geographical scope that includes both the United States and international markets. Kingswood Acquisition Corp. was established in 2020 and maintains its principal office in New York, New York.
Kingswood Acquisition Corp. is most often compared with the following Financial Services names: