Altitude Acquisition Corp.

Altitude Acquisition Corp.

ALTU
Altitude Acquisition Corp.US flagNASDAQ Capital Market
10.12
USD
-0.13
- -
85.77MMarket Cap
Altitude Acquisition Corp.
ALTU
(NASDAQ Capital Market)

Recent

price

10.12

P/E

ratio

- -

div

yld

- -

ROIC.AI

No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

in mil. unless spec.
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Growth Rates

FRC

in mil. unless spec.
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Quarterly Revenue

FRC

in mil. unless spec.
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Quarterly Earnings Per Share

FRC

in mil. unless spec.
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Quarterly Dividends Per Share

FRC

in mil. unless spec.
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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.

Company News

APIChat
  • 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

  • Altura Energy Successfully Recompletes Two Initial Wells and Is Producing and Selling Helium Through Onsite Processing Plant as of November 19, 2025

  • Altura Energy Begins Recompletion Work on the First Two of Eight Wells