AF Acquisition Corp.

AF Acquisition Corp.

AFAQ
AF Acquisition Corp.US flagNASDAQ Capital Market
10.02
USD
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No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Andrew Z. Scharf
Sector
Financial Services
Industry
Shell Companies
Address
139 North County Road Palm Beach FL United States of America 33480
IPO Date
May 18, 2021
Website
afacq.com
Business
AF Acquisition Corp. (AFAQ) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, with a focus on the food and beverage, health and wellness, beauty, personal care and pet industries; it conducts no significant operations and generates no revenues. The company offers no specific products or services beyond its standard SPAC structure, including Class A common stock, redeemable warrants exercisable at $11.50 per share, and units comprising one share and one-third of a warrant, which separately traded on Nasdaq under symbols AFAQ, AFAQW and AFAQU following its initial public offering. Incorporated in 2021 and headquartered in Palm Beach, Florida, AF Acquisition Corp. targets consumer-oriented sectors through partnerships involving sponsors such as AF Ventures, Scharf Brothers LLC and Mistral Equity Partners, operating primarily in the United States with a global merger search scope. In December 2022, stockholders approved charter amendments extending the business combination deadline from March 23, 2023, to August 23, 2023, while authorizing early liquidation at board discretion; the board subsequently elected to liquidate and redeem 100% of public shares at trust value, halting Nasdaq trading effective December 22, 2022, with no distributions to warrant holders. As of late 2025, the company remains listed in select financial databases with a market capitalization around $280 million and share price near $10.02, though post-liquidation status limits active operations.