Atlantic Avenue Acquisition Corp
ASAQ
New York Stock Exchange10.03
USD
+0.00
- -
CIK
0001819510
ISIN
US04906P1012
CUSIP
04906P101
Return %
Stock
S&P500
1Y
2.03
18.21
3Y
4.26
63.29
5Y
4.26
74.90
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.- CEO
- Ashok Nayyar
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2200 Atlantic Street Stamford CT United States of America 06902
- IPO Date
- Oct 15, 2020
- CIK
- 0001819510
- Website
- asaqspac.com
- Similar Companies
- Business
- Atlantic Avenue Acquisition Corp operates as a special purpose acquisition company (SPAC) focused on identifying and acquiring businesses that offer significant growth potential. The company primarily provides capital through the SPAC model to facilitate mergers, acquisitions, or business combinations targeting industries where it sees strong future opportunities. Atlantic Avenue Acquisition Corp conducts its operations primarily in the United States and is headquartered in New York, New York. Founded in 2021, the company pursues strategic investments across various sectors but does not manufacture or sell products directly; instead, it serves as a financial vehicle for acquisition and business expansion. In the past two years, Atlantic Avenue Acquisition Corp has engaged in notable strategic activities related to its acquisition targets and business combination initiatives, although specific recent acquisitions or partnerships publicly disclosed remain limited. Its approach includes raising capital via public markets to pursue mergers aligned with its strategic focus on high-growth companies, often in technology or consumer sectors. The company has maintained its focus on leveraging investor capital for transformative mergers and acquisitions, positioning itself for growth through these investments rather than through direct operational activities. Its business model reflects the evolving SPAC market dynamics, and it continues to seek promising opportunities for expansion through its acquisition strategy. As a SPAC, Atlantic Avenue Acquisition Corp operates within the financial services and investment industry segments, specifically targeting high-growth businesses across diverse geographic markets primarily within North America. It serves investors seeking exposure to emerging companies through equity investment in the SPAC structure. The company’s corporate structure is independent, with no public disclosures indicating subsidiaries or parent company relationships. The firm is positioned to capitalize on market opportunities through strategic acquisitions while providing investors with a platform for potential returns via business combinations. Overall, Atlantic Avenue Acquisition Corp offers a dedicated acquisition-focused investment vehicle established in 2021 and headquartered in New York. Its core service is the facilitation of mergers and acquisitions using raised capital to target companies with significant growth prospects. Recent operational emphasis remains on capital raising and deal sourcing within the current SPAC market environment. This description reflects the company’s current business model, structure, and strategic direction.