Aurora Technology Acquisition Corp.
ATAKW
NASDAQ Global Market0.01
USD
+0.00
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Aurora Technology Acquisition Corp.
ATAKW
(NASDAQ Global Market)
Recent
price
0.01
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Aurora Technology Acquisition Corp. (ATAKW) operates as a special purpose acquisition company with no significant ongoing operations other than seeking and completing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more target businesses, primarily in the technology sector including artificial intelligence, blockchain, quantum computing, and electric vehicles; the company targets high-growth firms in Asia and North America, particularly those founded by Asian or Asian-American entrepreneurs. Incorporated in 2021 as a Cayman Islands-exempted company and headquartered in San Francisco, California, it raised $202 million in its initial public offering in February 2022, with proceeds held in trust pending a transaction. In February 2024, Aurora Technology Acquisition Corp. completed a reverse merger with DIH Technology Ltd., a global provider of robotics and virtual reality technology for rehabilitation and human performance featuring brands such as Hocoma and Motek; the combined entity operates as DIH Holding US, Inc., with DIH shareholders rolling 100% of their equity into the public company and utilizing proceeds to expand its market presence and product offerings across more than 70 countries.