Black Spade Acquisition Co
New York Stock ExchangeCapital Structure
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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.- CEO
- Chi-Wai Tam (Aust), CMA, CPA,
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- The Centrium Central Hong Kong
- IPO Date
- Sep 7, 2021
- CIK
- 0001851908
- Website
- blackspadeacquisition.com
- Similar Companies
- Business
- Black Spade Acquisition Co operates as a special purpose acquisition company (SPAC) founded by Black Spade Capital, focusing on effecting business combinations through mergers, capital stock exchanges, or asset acquisitions. The company primarily facilitates investment and acquisition opportunities across a wide range of sectors via blank check vehicle arrangements. Its main activity is sponsoring and completing mergers with target companies to ultimately drive growth and portfolio diversification. Black Spade Acquisition Co was founded to serve as a publicly traded entity that sources and executes acquisition transactions, particularly targeting high-potential businesses. The latest major development for Black Spade Acquisition Co involves its completed business combination with VinFast Auto Ltd., a Vietnamese electric vehicle manufacturer. This merger, finalized in August 2023, resulted in Black Spade becoming a wholly owned subsidiary of VinFast, leading to Black Spade's delisting from the NYSE American. This transaction marked a significant strategic expansion, positioning Black Spade in the electric vehicle and sustainable mobility sectors through its association with VinFast. Black Spade Capital, the sponsor, maintains a global investment portfolio, which underpins Black Spade Acquisition Co's strategic direction and operational mandate. Black Spade Acquisition Co operates primarily in financial and investment services as a blank check company, facilitating capital markets access and growth for acquired businesses. It engages in cross-border investments and partnerships driven by Black Spade Capital’s investment philosophy. The company is publicly traded and headquartered with operational presence linked to its investment activities globally. The company does not manufacture products or provide traditional services but instead offers investment and acquisition capabilities, operational support for business combinations, and capital-raising through public markets. Its business model revolves around identifying, acquiring, and supporting growth companies primarily through mergers and acquisitions. Founded in the recent past as a vehicle for acquisition, Black Spade Acquisition Co continues to evolve through strategic mergers, with its latest major transaction embedding it in the electric vehicle sector via the VinFast merger. This transformative acquisition represents both Black Spade's operational focus and future growth trajectory as an acquisition platform and partner to innovative industries and emerging markets.
The Generation Essentials Group and Black Spade II Secure Shareholder Approval for NYSE-Listed Business Combination
The Generation Essentials Group and Black Spade II Secure Shareholder Approval for NYSE-Listed Business Combination
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against VinFast Auto Ltd.
VinFast Stock Is Dropping. The EV Maker's Shares Are Too Expensive.
Vietnamese EV maker VinFast is now worth more than Ford and GM after Nasdaq debut
VinFast Nasdaq debut sees EV maker valued higher than Ford and General Motors
Vietnam's VinFast faces stern EV sales test to retain eye-popping valuation
Vietnamese EV Maker VinFast Debuts on the Nasdaq, and Shares Soar
VinFast Debuts on Nasdaq Global Select Market Following Successful Business Combination With Black Spade Acquisition Co
VFS Stock Alert: 7 Things to Know as VinFast Starts Trading Today
EV maker VinFast's shares rise in premarket trade before Nasdaq debut
VinFast CEO says it's a 'big milestone' for the Vietnamese EV maker to be listed in the U.S.
VINFAST AND BLACK SPADE ACQUISITION CO COMPLETE BUSINESS COMBINATION
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BSAQ Stock Alert: Shareholders Approve VinFast SPAC Merger
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VinFast revs up for Nasdaq debut following Black Spade SPAC approval
Black Spade Acquisition Co Announces Intention to Voluntarily Delist from NYSE American LLC, Conditional Upon Consummation of its Pending Business Combination with VinFast Auto Ltd.
VINFAST AND BLACK SPADE ACQUISITION CO ANNOUNCE APPROVAL OF BUSINESS COMBINATION BY BLACK SPADE'S SHAREHOLDERS
Vietnam EV maker VinFast gets SPAC shareholders' nod to list in US