Corner Growth Acquisition Corp.
COOLU
NASDAQ Capital Market11.40
USD
-0.10
- -
Corner Growth Acquisition Corp.
COOLU
(NASDAQ Capital Market)
Recent
price
11.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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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
- Corner Growth Acquisition Corp. (Nasdaq: COOLU) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily in high-growth technology sectors including fintech, healthtech, artificial intelligence, and robotics; it targets companies in the United States and other developed countries. Incorporated in 2020 and headquartered in Palo Alto, California, the company raised $350 million in its December 2020 initial public offering and operates without significant ongoing business activities beyond pursuing and completing a de-SPAC transaction, with units comprising one Class A ordinary share and one-third of a redeemable warrant; it is a subsidiary of CGA Sponsor LLC. In May 2023, Corner Growth entered a business combination agreement with Noventiq Holdings plc, a London-headquartered global provider of digital transformation and cybersecurity solutions serving over 80,000 organizations across nearly 60 countries in Asia, Latin America, Europe, the Middle East, and Africa through services, hardware, software, cloud offerings, and partnerships with vendors such as Microsoft, AWS, Apple, and Google, initially amended in December 2023 and targeting a Nasdaq listing under NVIQ with pro forma enterprise value around $800 million; however, the parties mutually terminated the agreement due to unfavorable SPAC and equity market conditions, with Noventiq opting to remain private. Recent developments include shareholder approval in September 2025 for capital expansion amid 11,130 share redemptions, ongoing SEC filings such as 10-Q reports through September 30, 2025 reflecting no operations and focus on alternative business combinations or trading options post-Nasdaq delisting considerations, a $1 million non-interest-bearing working capital loan agreement in August 2025 convertible into warrants upon a successful merger, and extensions of merger deadlines while evaluating new targets to maximize shareholder value.
Jerome Letter Joins Corner Ventures and Corner Growth Acquisition Corp.
Corner Growth Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 8, 2021
Corner Growth Acquisition Corp. Announces Closing of Upsized $400 Million Initial Public Offering
Corner Growth Acquisition Corp. Announces Pricing of Upsized $350 Million Initial Public Offering