Blockchain Coinvestors Acquisition Corp. I
BCSAW
NASDAQ Global Market0.00
USD
- -
- -
CIK
0001873441
ISIN
KYG117651151
CUSIP
G11765115
Return %
Stock
S&P500
1Y
-95.52
18.02
3Y
-99.87
64.11
5Y
-99.87
72.15
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
- Lou Kerner
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Boundary Hall Cricket Square Grand Cayman Cayman Islands KY1-1102
- IPO Date
- Dec 31, 2021
- CIK
- 0001873441
- Website
- blockchaincac1.com
- Similar Companies
- Business
- Blockchain Coinvestors Acquisition Corp. I Blockchain Coinvestors Acquisition Corp. I is a blank check company, or special purpose acquisition company, incorporated as a Cayman Islands exempted company that focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, particularly in the financial services, technology, and other sectors enabled by emerging blockchain applications; it generates non-operating income from interest on cash equivalents held in trust from its initial public offering proceeds. The company conducts no significant operations prior to completing an initial business combination and targets high-growth organizations in blockchain, cryptocurrency, fintech, and related digital asset spaces, with geographic focus on opportunities worldwide but headquartered at Boundary Hall, Cricket Square, Grand Cayman, KY1-1102, Cayman Islands, since its founding in 2021. It maintains affiliations with Blockchain Coinvestors, a San Francisco-based alternative investment firm launched in 2014 that backs blockchain venture funds and projects across the Americas, Asia, and Europe. Recent developments include the termination of its business combination agreement with Linqto, Inc. on September 26, 2024, following an initial April 9, 2024 announcement, which resulted in a $5.0 million termination fee received by the company; an earlier merger agreement with Qenta Inc. announced in early 2023 that did not proceed; and the initiation of liquidation and dissolution after failing to complete any initial business combination by the November 15, 2024 deadline, with redemption of all outstanding Class A ordinary shares at approximately $11.39 per share from a trust account balance of around $17.9 million, alongside the expiration of warrants including BCSAW and suspension of Nasdaq trading.