Austerlitz Acquisition Corporat
AUS-WT
New York Stock Exchange0.00
USD
+0.00
- -
CIK
0001838207
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
63.29
5Y
- -
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001838207
- Similar Companies
- Business
- Austerlitz Acquisition Corporat (AUS-WT) operates as a blank check company, or special purpose acquisition company (SPAC), whose sole business purpose centers on effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, with a focus on financial technology or information and business services targets serving core economic sectors; it generates no revenues or significant operations. Founded in 2020 and headquartered in Las Vegas, Nevada, the company, formerly known as Foley Trasimene Acquisition Corporation III and sponsored by entities including Cannae Holdings and Trasimene Capital Management, completed an upsized initial public offering in February 2021 raising $690 million, with trading of its Class A ordinary shares under ticker AUS and warrants under AUS-WT on the NYSE. In a major strategic shift, shareholders approved amendments in November 2022 to accelerate liquidation ahead of the original March 2023 deadline, resulting in mandatory redemption of public shares at $10.00 per share around December 2022 and expiration of warrants as worthless, with no merger consummated despite extensive review of potential targets; the NYSE suspended trading in AUS-WT warrants in October 2022 due to abnormally low prices, and the entity now exists in a post-liquidation state with AUS-WT representing residual warrant interests.