AXIOS Sustainable Growth Acquisition Corporation
AXAC
Other OTC10.43
USD
- -
- -
CIK
0001898019
ISIN
KYG0703K1085
CUSIP
G0703K108
Return %
Stock
S&P500
1Y
- -
26.57
3Y
- -
76.60
5Y
- -
78.48
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
- Benedikt E. Fortig
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Hidden Pines Farm Alpharetta GA United States of America 30004
- IPO Date
- Mar 25, 2022
- CIK
- 0001898019
- Website
- spac.axios.ag
- Similar Companies
- Business
- AXIOS Sustainable Growth Acquisition Corporation, a blank check company incorporated in 2021 and headquartered in Alpharetta, Georgia, focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses, primarily targeting the agriculture, plant-based proteins, food processing, and related AgTech industries in Central and Eastern Europe; it offers no current commercial products or services beyond its SPAC structure, which includes Class A ordinary shares, redeemable warrants exercisable at $11.50 per share, and rights to acquire one-tenth of one Class A ordinary share, holding IPO proceeds in trust for distribution upon a successful combination or liquidation; the company operates as a subsidiary of AXIOS Sponsor LP with geographic focus on Europe while accessible to North American investors through U.S. exchanges. In May 2023, AXIOS Sustainable Growth Acquisition Corporation liquidated after failing to complete a business combination within its mandated timeframe, canceling its extension meeting, redeeming all outstanding ordinary shares effective May 18, 2023, with no redemption rights or distributions for warrants or rights which were terminated, and facing NYSE suspension of trading and delisting proceedings; prior to liquidation, it signed a non-binding letter of intent for a business combination with an undisclosed target described as one of Europe's largest sustainable farming enterprises possessing over 18,000 hectares of agricultural land, planning definitive agreement execution in Q2 2023 alongside non-redemption agreements with investors holding 400,000 shares to support a potential extension to 2024, though these efforts did not proceed to fruition; shares now trade over-the-counter at approximately $10.43 as of late 2025.
AXIOS Sustainable Growth Targets AgTech Industry In Volatile Europe