Deep Lake Capital Acquisition Corp.
DLCAW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001831928
CUSIP
G27029118
Return %
Stock
S&P500
1Y
-99.91
18.21
3Y
-99.96
64.38
5Y
-99.96
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
- Mark L. Lavelle
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 930 Tahoe Boulevard Incline Village NV United States of America
- IPO Date
- Mar 5, 2021
- CIK
- 0001831928
- Similar Companies
- Business
- Deep Lake Capital Acquisition Corp. (DLCAW) 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, particularly in the financial technology (FinTech), ecommerce software, and data and analytics sectors; it conducts no significant current operations and generates no revenues. Incorporated in 2020 and headquartered in Incline Village, Nevada, the company raised $207 million in gross proceeds through its initial public offering of 20.7 million units on January 13, 2021, priced at $10 each and underwritten by Citigroup as left lead; the units later separated into Class A ordinary shares (DLCA), public warrants (DLCAW), and rights exercisable into shares upon a business combination. In a major development, Deep Lake Capital announced on January 3, 2023, its decision to redeem all outstanding Class A ordinary shares and liquidate after failing to complete an initial business combination within the required 24-month period due to regulatory changes, valuation disconnects, and capital market volatility; trading of its public shares, units, and warrants ceased on Nasdaq on January 13, 2023, with shares canceled by January 17, 2023, and remaining operations limited to winding up the business, including filing a Form 25 for delisting and a Form 15 to terminate SEC registration.