DILA Capital Acquisition Corp.
DILA
NASDAQ Capital Market10.03
USD
-0.01
- -
CIK
0001843608
ISIN
US2540281035
CUSIP
254028103
Return %
Stock
S&P500
1Y
2.35
26.57
3Y
4.48
76.60
5Y
4.48
78.48
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1395 Brickell Avenue Miami FL United States of America 33131
- IPO Date
- Aug 4, 2021
- CIK
- 0001843608
- Website
- dilacapital.com
- Similar Companies
- Business
- DILA Capital Acquisition Corp is a blank check company formed to effectuate mergers, share exchanges, asset acquisitions, stock purchases, recapitalizations, reorganizations, or other similar business combinations, primarily targeting technology-enabled companies operating in Latin America and the U.S. Hispanic market. The company was incorporated in 2020 and is headquartered in Miami, Florida. It does not currently have significant operations or revenues, as its core activity is identifying and acquiring suitable businesses within its strategic focus. DILA Capital Acquisition Corp's products and services mainly consist of capital investment and business combination facilitation through its public listing vehicle. In terms of recent major developments, DILA Capital Acquisition Corp announced the redemption of its public shares and the decision not to consummate an initial business combination by late 2022, leading to the dissolution and liquidation of the company. This marked a significant operational shift, as the company was unable to finalize a business combination within the mandated timeframe since its June 2021 initial public offering (IPO). The IPO had raised approximately $55 million, with units trading under the ticker symbol 'DILAU' on Nasdaq, comprising common stock and redeemable warrants. Following the redemption and liquidation announcement in December 2022, public shares were redeemed and trading suspended, effectively ending active operations under the current corporate structure. DILA Capital Acquisition Corp primarily focuses on investments in technology sectors within the Spanish-speaking world, aiming to support entrepreneurs doing business in Latin America and U.S. companies addressing the Hispanic market. Its business model centers on leveraging strategic and operational support to portfolio companies, partnering for growth, fundraising, and commercial expansion opportunities, though it has yet to complete a business combination or generate operational revenue. The company operates within the special purpose acquisition company (SPAC) industry segment, with a target market of technology-enabled enterprises across Latin America and Hispanic-serving businesses in the U.S. Its key geographic operations are in the Miami, Florida headquarters and focus regions in Latin America. The company’s leadership includes CEO Eduardo Clave. As of the latest information, DILA Capital Acquisition Corp remains in a non-operating state following its liquidation announcement, with no current active business combinations or acquired subsidiaries under its umbrella.