Bleuacacia Ltd
BLEU
NASDAQ Global Market11.03
USD
-0.67
- -
CIK
0001843370
ISIN
KYG117281058
CUSIP
G11728105
Return %
Stock
S&P500
1Y
3.86
26.53
3Y
14.78
76.60
5Y
14.78
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
- Jide J. Zeitlin
- Full Time Employees
- 4
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 500 Fifth Avenue New York City NY United States of America 10110
- IPO Date
- Jan 10, 2022
- CIK
- 0001843370
- Website
- acacia.blue
- Similar Companies
- Business
- Bleuacacia Ltd (NASDAQ: BLEU) operates as a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets, with a focus on opportunities in premium branded consumer retail sectors. The company offers no current products or services beyond its SPAC structure, which facilitates initial public offering proceeds held in trust for deployment in a target acquisition; it targets businesses in consumer-facing industries without operational revenue generation or employee base prior to combination. Founded in 2021 and headquartered at 500 5th Avenue in New York, NY, Bleuacacia Ltd conducts its activities primarily in the United States financial markets, with its team leveraging diverse operating experience to pursue strategic combinations globally. In a significant operational change, Bleuacacia Ltd announced its liquidation and dissolution effective November 22, 2024, due to failure to complete an initial business combination within the required timeframe under its governing documents, redeeming all outstanding public ordinary shares at approximately $11.10 per share from its trust account. The redemption process deemed public shares cancelled post-close, with proceeds disbursed to record and beneficial holders via the transfer agent, while founder shares waived redemption rights and warrants/rights expired worthless. The company plans to file necessary SEC forms, including Form 15, to terminate its securities registration shortly thereafter, marking the end of its operations as a SPAC without any prior acquisitions, partnerships, funding rounds beyond its 2021 IPO, or product launches.