Belong Acquisition Corp.
BLNGW
NASDAQ Capital Market0.00
USD
+0.00
- -
CIK
0001842384
Return %
Stock
S&P500
1Y
-98.25
18.21
3Y
-99.84
64.38
5Y
-99.84
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001842384
- Similar Companies
- Business
- Belong Acquisition Corp. was established as a special purpose acquisition company, or SPAC, formed with the intent to engage in a business combination, such as a merger or acquisition, with a high-growth operating company. The firm aimed to identify promising technology and tech-enabled businesses, specifically targeting sectors like e-commerce, digital media, and software, often with enterprise valuations between $750 million and $1.5 billion. It sought to leverage its leadership's extensive experience in both technology and capital markets to support a merger partner with value-added capabilities like executive recruiting and financial readiness. However, Belong Acquisition Corp. announced its dissolution and liquidation in July 2023, due to its inability to complete an initial business combination within the designated timeframe, leading to the redemption of its public shares and delisting from Nasdaq.