26 Capital Acquisition Corp.
ADERU
NASDAQ Capital Market11.08
USD
+0.08
- -
CIK
0001822912
ISIN
US90138P2092
CUSIP
90138P209
Return %
Stock
S&P500
1Y
11.24
26.84
3Y
5.02
77.03
5Y
5.02
80.55
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
- Jan 15, 2021
- CIK
- 0001822912
- Website
- spac26.com
- Similar Companies
- Business
- 26 Capital Acquisition Corp. (NASDAQ:ADERU) is a blank check company, or special purpose acquisition company (SPAC), whose principal business activity centers on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it currently conducts no significant operations. The company offers redeemable units comprising one Class A ordinary share and one-half of one redeemable warrant, with its shares and warrants listed separately on the Nasdaq Capital Market under the symbols ADER, ADERW, and ADERU; these securities provide investors access to its trust account holding IPO proceeds pending a de-SPAC transaction. Founded in 2020 by Jason N. Ader and headquartered at 701 Brickell Avenue, Suite 1550, Miami, Florida, the company targets opportunities primarily in the United States, with its website at spac26.com. In recent developments, 26 Capital Acquisition Corp. filed for voluntary Chapter 11 bankruptcy protection on July 11, 2025, amid unpaid debts stemming from a failed merger attempt with Okada Manila entities in the Philippines, which alleged material breaches and fraudulent conduct by the SPAC, leading to the collapse of a proposed $2.5 billion Nasdaq listing deal in early 2023; the company reportedly returned over $275 million in trust proceeds to public shareholders during this process. Previously, it pursued extensions on a merger agreement with UE Resorts International related to the Okada Manila transaction. No active merger or business combination has been completed as of late 2025, with the SPAC maintaining its pre-acquisition structure post-bankruptcy proceedings.