Berenson Acquisition Corp. I
BACA
New York Stock Exchange10.65
USD
+0.01
- -
CIK
0001869673
ISIN
US0836901076
CUSIP
083690107
Return %
Stock
S&P500
1Y
3.90
26.53
3Y
9.79
76.60
5Y
9.79
80.11
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
- Mohammed M. Ansari
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 667 Madison Avenue New York City NY United States of America 10065
- IPO Date
- Nov 18, 2021
- CIK
- 0001869673
- Website
- berensonacquisitioncorp.com
- Similar Companies
- Business
- Berenson Acquisition Corp. I (NYSE American: BACA) is a blank check company formed as a special purpose acquisition company focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily in the software and technology-enabled services sectors with enterprise values exceeding $1 billion. The company offers capital raising through its initial public offering, which closed at $250 million in January 2023 with units comprising Class A common stock and redeemable warrants traded initially on the New York Stock Exchange; merger and acquisition facilitation services leveraging affiliation with Berenson Holdings LLC for due diligence, strategic advisory and post-acquisition integration support; and access to experienced management for operational efficiency and growth in target companies. Headquartered at 667 Madison Avenue, New York, NY, and incorporated in Delaware in June 2021, Berenson Acquisition Corp. I targets large growing end-markets with resilient barriers to entry, unique offerings and attractive unit economics, operating without geographic limitations but emphasizing North American opportunities. In recent developments, the company announced the termination of its definitive business combination agreement with Custom Health Inc. on September 17, 2024, following an initial announcement in December 2023; disclosed the resignation of Chief Financial Officer Amir Hegazy and appointment of Alessandro R. Masolo as new CFO; transferred its Class A common stock listing from the New York Stock Exchange to NYSE American effective March 2023; received NYSE American noncompliance notices in April and January 2024 related to delayed Form 10-K filing and minimum public stockholders; and announced its dissolution and liquidation on September 25, 2024, after failing to complete an initial business combination by the September 30, 2024 deadline, with trust account liquidation expected on October 16, 2024, and last trading day on September 27, 2024.
Berenson Acquisition Corp. I Announces Liquidation
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BACA, JVSA on Behalf of Shareholders
Berenson Acquisition Corp. I Provides Update Regarding Its Annual Report on Form 10-K
Berenson Acquisition Corp. I Announces Receipt of Notice of Non-Compliance with NYSE Continued Listing Requirements