Direct Selling Acquisition Corp.
DSAQW
Other OTC0.00
USD
+0.00
- -
CIK
0001871745
ISIN
US25460L1118
CUSIP
25460L111
Return %
Stock
S&P500
1Y
-98.00
26.53
3Y
-99.33
76.60
5Y
100.00
80.11
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
- David A. Wentz
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 5800 Democracy Drive Plano TX United States of America 75024
- CIK
- 0001871745
- Website
- dsacquisition.com
- Similar Companies
- Business
- Direct Selling Acquisition Corp. (DSAQW) operates as a blank check company whose sole purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with a focus on the direct selling industry; it currently conducts no significant operations and generates no revenues. Incorporated in 2021 and headquartered at 5800 Democracy Drive, Plano, Texas, the company targets domestically based businesses within its sector while maintaining flexibility for opportunities in other areas or geographies. Key executives include Chairman and Chief Executive Officer David A. Wentz, President and Chief Financial Officer Michael D. Lohner, and Chief Strategy Officer Wayne Lee Moorehead. In recent developments, the company entered into a definitive business combination agreement in January 2024 with Hunch Mobility, an urban air mobility provider in India offering short-distance helicopter services through entities including FlyBlade (India) Private Limited and Aeroflow Urban Air Mobility Private Limited, valuing the combined entity at an estimated enterprise value of $223 million and expecting listing under the ticker HNCH; the deadline for completion was extended to March 27, 2025, with sponsor DSAC Partners LLC providing funding support including prior trust deposits and capital commitments. Following failure to meet NYSE continued listing standards, the company's common stock and units were delisted in April 2024 and transferred to the OTC Markets' Pink Market, where DSAQW warrants now trade.