Battery Future Acquisition Corp.
BFAC
New York Stock Exchange11.14
USD
+0.02
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Battery Future Acquisition Corp.
BFAC
(New York Stock Exchange)
Recent
price
11.14
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Battery Future Acquisition Corp. (NYSE:BFAC) is a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination targeting companies and assets in the critical battery minerals sector and related supply chains; its core focus encompasses the battery value chain from raw materials mining and processing, midstream refining, battery input manufacturing, to recycling, with emphasis on projects supporting the low-carbon economy transition, particularly electric vehicles (EVs), strategic assets bolstering western supply chains, and operations featuring strong environmental, social, and governance (ESG) credentials and low-carbon production pathways. The Cayman Islands-incorporated firm, founded in 2021 and headquartered in Miami, Florida, prioritizes targets in stable jurisdictions including Europe, the Americas, Australasia, and select parts of Africa, favoring established or near-term producers with scale, expandability, long life, quality products, direct offtake agreements with the EV value chain, robust management, and capital constraints. In a major development, Battery Future Acquisition completed its business combination with Israel-based ed-tech platform Class Over Inc. in early 2025, following shareholder approval on February 21, 2025, and an effective registration statement on January 27, 2025, resulting in the combined entity trading as ClassOver Holdings Inc. with an enterprise value of approximately $135 million and $56 million in gross proceeds to fund technological enhancements and global expansion of interactive online live courses for K-12 students; this transaction marked a strategic pivot from its original battery-focused mandate amid an NYSE delisting proceeding initiated in December 2024 for failing to complete a deal within the required timeframe.
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Battery Future Acquisition Corp. - BFAC
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Battery Future Acquisition Corp. - BFAC
Classover Announces Merger with Battery Future Acqusition Corp. to Become Publicly Listed
Battery Future Acquisition Corp. Announces Extension of Deadline to Complete Business Combination
BFAC And The SPAC Problem