Arena Fortify Acquisition Corp.
AFAC
NASDAQ Global Market10.27
USD
-0.04
- -
CIK
0001849489
Return %
Stock
S&P500
1Y
- -
18.21
3Y
2.70
64.38
5Y
2.70
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 405 Lexington Avenue New York City NY United States of America 10174
- IPO Date
- Dec 31, 2021
- CIK
- 0001849489
- Website
- arenafortify.com
- Similar Companies
- Business
- Arena Fortify Acquisition Corp. (NASDAQ: AFAC) operates as a blank check company whose primary business focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, particularly targeting candidates within the natural resources industry that have recently emerged from bankruptcy or require capital for balance sheet restructuring; it currently conducts no significant independent operations or generates revenues. Incorporated in 2021 and headquartered at 405 Lexington Avenue, 59th Floor, New York, New York, the company maintains its focus on the natural resources sector without specified subsidiaries or parent relationships. In December 2022, Arena Fortify stockholder approved charter amendments allowing early termination on December 9, 2022, ahead of the original February 2023 business combination deadline, leading to mandatory redemption of public shares at approximately $10.27 on or about December 14, 2022, delisting from Nasdaq, and expiration of warrants; as of late 2025, no subsequent merger or de-SPAC transaction has materialized, with shares continuing to trade around $10.27 amid ongoing liquidity and extension dynamics typical of dormant special purpose acquisition vehicles.