Build Acquisition Corp.
BGSX-UN
New York Stock Exchange10.20
USD
+0.04
- -
CIK
0001838666
Return %
Stock
S&P500
1Y
3.03
18.21
3Y
2.41
64.38
5Y
2.41
72.43
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
- A. Lanham Napier
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 3500 Jefferson Austin TX United States of America 78731
- CIK
- 0001838666
- Website
- buildspac.com
- Similar Companies
- Business
- Build Acquisition Corp. Build Acquisition Corp. (BGSX-UN) is a blank check company formed in 2020 and headquartered in Austin, Texas, with no significant operations other than seeking to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting software and technology-enabled services companies in North American markets. The company conducts no substantive operations and generates no revenues prior to completing an initial business combination. It raised $200 million in its initial public offering in March 2021, pricing 20 million units at $10.00 each on the New York Stock Exchange, led by co-CEOs A. Lanham Napier and Zeynep Young, with Cowen and Allen & Company LLC as joint book-running managers. In March 2023, following the failure to complete a business combination within the required 24-month period, Build Acquisition Corp. announced the redemption of all outstanding public shares at approximately $10.21 per share, ceased trading on the NYSE, delisted its securities, terminated registration under the Securities Exchange Act of 1934, and proceeded to dissolve and liquidate, distributing trust assets net of taxes and dissolution expenses to public stockholders while extinguishing their further rights.
Build Acquisition Corp. Announces Closing of $200 Million Initial Public Offering