Altitude Acquisition Corp.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Gary Teplis
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 400 Perimeter Center Terrace Atlanta GA United States of America 30346
- IPO Date
- Jan 29, 2021
- CIK
- 0001822366
- Website
- altitudeac.com
- Similar Companies
- Business
- Altitude Acquisition Corp. (ALTU) is a blank check company, or special purpose acquisition company, whose sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with an initial focus on the travel and travel technology sectors including booking engines, payment processing, expense management, and mobile solutions targeting both business-to-business and business-to-consumer markets. Incorporated in 2020 and headquartered in Atlanta, Georgia, the company conducts no significant operations and generates no revenues prior to completing an initial business combination. It targets companies valued at $1 billion or more in travel-related fields connected to mobile solutions, fintech, or the sharing economy. In 2022, Altitude entered negotiations for a business combination with a leading global medical device manufacturer valued at an enterprise value of approximately $480 million, signing a non-binding letter of intent and pursuing a definitive merger agreement while seeking shareholder approval to extend its transaction deadline from October 2022 to April 2023; the deal required the combined entity to hold at least $20 million to $30 million in net cash at closing. However, no merger materialized, leading to multiple extensions of its deadline to complete an initial business combination in January and February 2024, followed by the liquidation of its trust account in March 2024, redemption of public shares, termination of SEC registration under Section 12(g) in April 2024, and delisting from Nasdaq. These actions concluded the company's active SPAC operations without a successful business combination, shifting it to a post-liquidation status as of 2025.
Altura Energy Reports Return to Helium Production and Commencement of the Multi-Well Workover Program
Altura Energy Announces Initiation of Research Coverage
Altura Energy Announces CEO Full Time and Option Grant
Altura Energy Provides Notice of Warrant Acceleration
Altura Energy Announces Completion of Helium Pipeline and Tie-In of Six Wells to the Processing Facility
Altura Energy Announces Major Shareholder Increases Position Following Purchase in Open Market
Altura Energy Provides Pipeline Construction Update and Near-Term Helium Production Timeline
Altura Energy Issues Shares Pursuant to Securities for Services Arrangement
Altura Energy Announces Upcoming Conference Participation and Marketing Initiatives
Altura Energy Finalizes Farm-In Agreement on 2,560 Acres Surrounding Existing Helium Production in Holbrook Basin, Arizona
Altura Energy Commences Pipeline Replacement Program at Saddle Horse Draw Producing Helium Field
Altura Energy Announces Trading on OTCQB Venture Market Under the Trading Symbol ALTUF
Altura Energy Advances Helium Production with Infrastructure Upgrades and Multi-Well Development Program
Altura Energy Announces Investor Relations Agreement and Stock Option Grants
Altura Energy Closes the Oversubscribed Non-Brokered Private Placement Raising $2.97 Million
Altura Energy Announces Second Upsize of Non-Brokered Private Placement to Approximately $2.925 Million
Altura Energy Announces Upsize of Non-Brokered Private Placement to Approximately $2 Million
Altura Energy Announces Non-Brokered Private Placement a Minimum of $1.0 Million
Altura Energy Announces Board Changes
Altura Energy Issues Shares Pursuant to Securities for Services Arrangement