Anthemis Digital Acquisitions I Corp
ADALU
NASDAQ Global Market10.47
USD
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Anthemis Digital Acquisitions I Corp
ADALU
(NASDAQ Global Market)
Recent
price
10.47
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Anthemis Digital Acquisitions I Corp is a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting companies in digital financial services or modern financial technology sectors. Incorporated in 2021 and headquartered at 122 Hudson Street, 3rd Floor, New York, New York, the company conducts no significant operations prior to completing an initial business combination and generates no revenue. Its securities trade on the Nasdaq Global Market under the ticker symbols ADALU for units, ADAL for Class A ordinary shares and ADALW for warrants; the SPAC raised $230 million in its initial public offering in November 2021, led by an all-female management team emphasizing ESG principles and diversity. In April 2023, the company announced it would redeem all outstanding public shares as of May 3, 2023, and not consummate an initial business combination due to failure to identify a suitable target within the required timeframe, with public shares canceled and proceeds returned to shareholders; sponsor holdings waived redemption rights on Class B ordinary shares, and the entity entered voluntary liquidation proceedings thereafter, with records struck off in Cayman Islands registries by mid-2024.