Battery Future Acquisition Corp.
BFAC-UN
New York Stock Exchange11.10
USD
- -
- -
CIK
0001880441
Return %
Stock
S&P500
1Y
1.83
26.53
3Y
10.89
76.60
5Y
10.89
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
- Fanghan Sui
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 51 NW 26th Street Miami FL United States of America 33127
- IPO Date
- Dec 15, 2021
- CIK
- 0001880441
- Website
- futureacquisition.com
- Similar Companies
- Business
- Battery Future Acquisition Corp. Battery Future Acquisition Corp. is a blank check company whose principal business activity focuses on effecting a merger, capital share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a primary target on assets or companies along the critical battery value chain, including raw materials mining and processing of minerals such as lithium, nickel, cobalt, copper, manganese and rare earth elements; midstream refining; battery input manufacturing; and recycling, emphasizing projects leveraged to the low carbon economy transition, particularly electric vehicles, western supply chains, strong ESG credentials and low carbon production pathways in jurisdictions including Europe, Americas, Australasia and select parts of Africa. The company offers no current products or services beyond its SPAC structure and sponsor support from entities such as Pala Investments and Traxys, targeting strategically important assets with scale, expandability, long life, quality product, established or near-term production, direct EV value chain offtake and strong management. Incorporated in 2021 and headquartered in Dover, Delaware, with prior operational references to Miami, Florida, Battery Future Acquisition Corp. completed its initial public offering in December 2021 raising $345 million; announced a proposed business combination with Class Over Inc., an educational technology platform, in May 2024 valuing the deal at $135 million; secured shareholder approval for extensions including to June 2025; held an approval vote in February 2025; and closed the merger on April 4, 2025, resulting in its status as a closed deal formerly associated with tickers BFACF, KIDZ and KIDZW; most recently entered a $5 million private investment in public equity (PIPE) agreement in November 2024 for Series B preferred stock issuance in connection with the business combination to support capital needs and operations alongside subsidiary Classover Holdings, Inc. and Class Over Inc.