Ribbon Acquisition Corp (RIBB)
Ribbon Acquisition Corp operates in the Shell Companies industry of the Financial Services sector, headquartered in Tokyo, TY, JP. The stock last traded at $10.86, up 0.32% on the session, giving a market capitalisation of $54.4M. On trailing twelve-month figures it carries a trailing P/E of 100.23, a net margin of 0.0%. Its beta of 0.21 implies it has historically moved less than the broad market.
Ribbon Acquisition Corp functions as a special purpose acquisition company (SPAC). The company was established with the sole objective of completing a significant business combination, which could involve various strategic transactions like mergers, amalgamations, share exchanges, asset or share acquisitions, reorganizations, or other comparable corporate integrations with one or more prospective businesses.
Ribbon Acquisition Corp is most often compared with the following Financial Services names: