Corazon Capital V838 Monoceros Corp
CRZNW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001844635
CUSIP
G24237128
Return %
Stock
S&P500
1Y
-99.75
18.21
3Y
-99.91
64.38
5Y
-99.91
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
- Sam Yagan
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1322 West Henderson Street Chicago IL United States of America
- IPO Date
- May 14, 2021
- CIK
- 0001844635
- Similar Companies
- Business
- Corazon Capital V838 Monoceros Corp is a blank check company primarily formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses operating in consumer-facing technology sectors. The company focuses on opportunities in the education, social media and dating, and ecommerce sectors. It does not currently have operating revenues or significant operations, serving instead as an investment vehicle for identifying and acquiring businesses aligned with its strategic focus. Corazon Capital V838 Monoceros Corp was incorporated in 2021 and is headquartered in Chicago, Illinois. Its core business activity involves targeting companies with subscription or recurring revenue models, marketplaces, and networks within the aforementioned sectors. The firm originated as a special purpose acquisition company (SPAC) with the goal of completing a business combination but has not consummated such a transaction to date. Recent major developments include the completion of an initial public offering (IPO) that raised approximately $200 million. However, it announced a redemption of public shares and a decision not to consummate a previously planned initial business combination as of early 2023. The company continues to maintain a strategic focus on mergers and acquisitions rather than direct product manufacturing or service provision. The company's strategic intention remains concentrated on forming partnerships, acquisitions, or mergers with entities that align with its investment thesis in the consumer technology and media spaces. It is structured to seek growth via these transactions across North America and potentially beyond with an emphasis on sectors exhibiting subscription revenue and digital marketplace characteristics. Corazon Capital V838 Monoceros Corp operates as a holding company with institutional investors holding significant ownership stakes, underscoring its focus on financial structuring and capital market activities for value creation. The company does not currently manufacture or sell products but looks to provide shareholder value through selected business combinations in promising digital and consumer technology industries. It remains headquartered in Chicago, Illinois, and was founded in 2021 to pursue strategic corporate combination opportunities in fast-evolving technology and consumer sectors. In summary, Corazon Capital V838 Monoceros Corp is a Chicago-based blank check company specializing in mergers and acquisitions in the education, social media/dating, and ecommerce tech sectors, having completed a $200 million IPO with recent strategic shifts including share redemption and a paused business combination, continuing to pursue growth via targeted acquisitions and partnerships in consumer-facing technology markets.