Blue Whale Acquisition Corp I
BWCAU
NASDAQ Capital Market10.17
USD
-0.01
- -
Blue Whale Acquisition Corp I
BWCAU
(NASDAQ Capital Market)
Recent
price
10.17
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- Blue Whale Acquisition Corp I Blue Whale Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, primarily targeting opportunities in the media, entertainment and technology industries; it conducts no significant operations prior to completing an initial business combination and holds cash proceeds from its initial public offering in a trust account for use in such transactions. Incorporated in 2021 as a Cayman Islands exempted company and headquartered in George Town, Grand Cayman, the company focuses on high-growth innovators or mature businesses with established revenue streams in its target sectors, leveraging the expertise of its sponsor, an affiliate of Mubadala Capital, the asset management arm of Abu Dhabi-based Mubadala Investment Company PJSC. In August 2021, it completed a $200 million initial public offering of 20 million units at $10 each on Nasdaq under the symbol BWCAU, with underwriters Goldman Sachs & Co. LLC and BofA Securities exercising an over-allotment option for additional proceeds, and units began separate trading of Class A ordinary shares and warrants in September 2021; by July 2023, it redeemed all outstanding public shares and announced plans to liquidate per its registration statement after failing to complete a business combination within the required 24-month period from IPO closing.