Crescera Capital Acquisition Corp.
CRECW
NASDAQ Global Market0.05
USD
+0.01
- -
CIK
0001851230
CUSIP
G26507114
Return %
Stock
S&P500
1Y
- -
18.21
3Y
-89.70
64.38
5Y
-89.70
72.43
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.- CEO
- Felipe Samuel Argalji
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Rua AnÃbal de Mendonça, 27 Rio De Janeiro RJ Brazil 22410-050
- IPO Date
- Jan 10, 2022
- CIK
- 0001851230
- Similar Companies
- Business
- Crescera Capital Acquisition Corp. (CRECW) operates as 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; it targets opportunities primarily in Latin America, with emphasis on sectors including technology, healthcare, education services, consumer, retail, and services undergoing technology-enabled transformations. The company offers no operational products or services beyond its SPAC structure, which includes Class A ordinary shares and redeemable warrants exercisable at $11.50 per share for potential post-combination equity. Founded in 2021 and headquartered at Rua Aníbal de Mendonça, 27, 2nd floor, Rio de Janeiro, RJ 22410-050, Brazil, it conducted an initial public offering in November 2021 raising $201 million, sponsored by affiliates of Crescera Capital, a Brazilian asset management firm. In recent developments, the company extended its completion deadline via shareholder amendment vote in May 2023 but ultimately failed to identify a suitable target; its board approved redemption of shares and liquidation effective December 6, 2023, with Nasdaq delisting occurring in July 2023 and subsequent OTC trading under tickers including CREEF.