Authentic Equity Acquisition Corp.
AEACW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001827392
ISIN
KYG066071088
CUSIP
G06607124
Return %
Stock
S&P500
1Y
-99.76
18.21
3Y
-99.90
64.38
5Y
-99.90
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
- David M. Hooper
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 32 Elm Place Rye NY United States of America
- IPO Date
- Mar 8, 2021
- CIK
- 0001827392
- Similar Companies
- Business
- Authentic Equity Acquisition Corp. (AEACW) operates as a blank check company whose principal business activity involves effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses; it targets North American companies in the consumer sector, including packaged and frozen foods, beverages, beer, wine and spirits, snacks, household products, pet products, consumer and marketing services, and personal care products such as health, beauty and over-the-counter items. The company, founded in 2020 and headquartered in Rye, New York, completed a $230 million initial public offering in January 2021, raising capital through units comprising Class A ordinary shares and warrants traded under the ticker AEACW. In a significant development, Authentic Equity Acquisition Corp. announced in January 2023 the redemption of all its public shares and cessation of operations after failing to consummate an initial business combination by the extended deadline of January 20, 2023, with public shares cancelled thereafter and proceeds returned to shareholders; no merger target or de-SPAC transaction materialized, marking the end of active operations except for wind-up activities.