Beard Energy Transition Acquisition Corp.
BRD
New York Stock Exchange10.73
USD
+0.01
- -
Beard Energy Transition Acquisition Corp.
BRD
(New York Stock Exchange)
Recent
price
10.73
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
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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
- Beard Energy Transition Acquisition Corp. (BRD) is a blank check company whose principal business activity involves pursuing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses focused on electric power grid opportunities associated with energy transition infrastructure buildout; it offers no other products or services and conducts no significant operations. Incorporated in 2021 and headquartered in New York, New York, the company targets high-growth opportunities in the energy sector, including enhancements to grid reliability and resiliency amid the shift to sustainable power solutions, with a global geographic focus but no current active operations or subsidiaries. In late 2023, BRD mutually terminated its definitive business combination agreement with Suntuity Renewables LLC, originally announced in May 2023 at an enterprise value of $249 million, following high shareholder redemptions exceeding expectations; the company subsequently redeemed all outstanding Class A common stock on December 12, 2023, ceased operations except for wind-up activities, and liquidated in accordance with its organizational documents.
Beard Energy Transition Acquisition Corp. and Suntuity Renewables Mutually Agree to Terminate Business Combination Agreement