26 Capital Acquisition Corp.
ADER
NASDAQ Capital Market11.08
USD
+0.01
- -
CIK
0001822912
ISIN
US90138P1003
CUSIP
90138P100
Return %
Stock
S&P500
1Y
10.69
18.21
3Y
11.92
64.38
5Y
11.92
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jason N. Ader
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- OfficeEdge Miami Miami FL United States of America 33131
- IPO Date
- Mar 8, 2021
- CIK
- 0001822912
- Website
- spac26.com
- Similar Companies
- Business
- 26 Capital Acquisition Corp. is a special purpose acquisition company (SPAC) primarily engaged in effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses. The company targets high-growth opportunities primarily in the gaming and gaming technology, branded consumer, lodging and entertainment, and Internet commerce sectors. Founded in 2020, it is headquartered in Miami, Florida. The company does not directly operate or manufacture products but focuses on identifying strategic acquisition targets for business combination to create value for shareholders. Its most notable targeted acquisition was a proposed merger with UE Resorts International, Inc. (formerly Okada Manila), the largest integrated resort in the Philippines, aimed at taking the resort public on Nasdaq with an enterprise value of approximately $2.6 billion. This merger was intended to expand the company’s footprint in the Asian gaming and hospitality market. Recently, 26 Capital Acquisition Corp. faced significant operational challenges, including delays and extensions in its merger agreements, reportedly involving legal and management conflicts at Okada Manila. These complications culminated in the company filing for Chapter 11 bankruptcy protection in July 2025 following the failure to consummate the planned $2.5 billion acquisition. Additionally, the company announced liquidation of its public shares as of September 2023, canceling those shares and returning capital to shareholders. Throughout its existence, 26 Capital Acquisition Corp. has positioned itself as a financial holding entity aiming to leverage its management team's expertise in gaming, entertainment, and related sectors to identify and close transformative acquisitions. Despite the setbacks in its major merger pursuits, the company remains a specialized acquisition vehicle within financial conglomerates focused on transactional growth strategies rather than direct product or service offerings.
26 Capital Acquisition Corp. Announces Hold to Liquidation
26 Capital Acquisition Corp. Announces Liquidation
26 Capital Comments On Delaware Court Of Chancery Ruling
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of 26 Capital Acquisition Corp. - ADER
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of 26 Capital Acquisition Corp. - ADER
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of 26 Capital Acquisition Corp. - ADER
Nasdaq-listed 26 Capital to pursue $2.5 billion SPAC deal with Manila casino
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