Alberton Acquisition Corporation

Alberton Acquisition Corporation

ALAC
Alberton Acquisition CorporationUS flagNASDAQ Capital Market
12.02
USD
+0.01
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

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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

APIChat
CEO
Guan Wang
Sector
Financial Services
Industry
Shell Companies
Address
Room 1001, Capital Center Wan Chai Hong Kong
IPO Date
Oct 24, 2018
Business
Alberton Acquisition Corporation operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing operations other than seeking and completing an initial business combination through merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar transactions with one or more target businesses. The company offers ordinary shares, warrants, rights, and units traded publicly on Nasdaq under the symbols ALAC, ALACW, ALACR, and ALACU, respectively, targeting investors interested in SPAC opportunities without specific industry or geographic restrictions. Founded in 2005 and headquartered in Wan Chai, Hong Kong, it was formerly known as Wisdom Resources Group Limited prior to renaming in July 2018; it raised approximately $115 million in its initial public offering on October 24, 2018, including overallotment proceeds. In April 2022, Alberton terminated its merger agreement with SolarMax Technology, Inc., after SolarMax invoked the termination clause due to failure to meet the April 26, 2022, deadline amid delays in SEC effectiveness of the registration statement, leading to Nasdaq delisting of its securities, liquidation of the trust account, and distribution of funds to public shareholders shortly thereafter. The company had previously received multiple Nasdaq extensions and compliance notices related to the delayed SolarMax deal, including a hearings panel extension through April 26, 2022, but ultimately faced suspension of trading effective April 26, 2022. No subsequent business combinations, acquisitions, funding rounds, or strategic shifts have been publicly announced as of late 2025.

Company News

APIChat
  • Alberton Acquisition Corporation Receives NASDAQ Notice on Late Filing of its Form 10-Q

  • Alberton Acquisition Corp. Announces Payment Date of Dividend Warrants

  • SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Alberton Acquisition Corp. - ALAC

  • Alberton Acquisition Corporation Regains Compliance with Certain Nasdaq Listing Requirement

  • Alberton Acquisition Corp. Announces Issuance of Dividend Warrants

  • Buy Alberton Acquisition Corp.'s Rights, Not The Warrants

  • 4 SPAC Stocks With Recent Mergers With Private Companies

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Alberton Acquisition Corporation

  • Alberton Acquisition Corp. Announces Signing of Merger Agreement with SolarMax Technology, Inc.

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