Embrace Change Acquisition Corp.
EMCGF
Other OTC11.15
USD
-0.06
- -
CIK
0001869601
ISIN
KYG3034H1092
CUSIP
G3034H109
Return %
Stock
S&P500
1Y
-8.23
18.21
3Y
5.19
63.29
5Y
11.72
74.90
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
- Zheng Yuan
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 5186 Carroll Canyon Rd San Diego CA United States of America 92121
- IPO Date
- Sep 30, 2022
- CIK
- 0001869601
- Website
- embracechange.top
- Similar Companies
- Business
- Embrace Change Acquisition Corp. is a Cayman Islands-registered blank-check company focused on identifying and pursuing a business combination with one or more target businesses or entities across industries. The company forms part of a SPAC structure designed to consummate a merger, share exchange, asset acquisition, recapitalization, or other similar business combination, leveraging IPO proceeds and sponsor support to facilitate value creation upon completion of a merger or acquisition. Headquarters are in San Diego, California, with operations oriented toward transaction sourcing, due diligence, financing arrangements, and strategic deal execution. Main products and services - Acquisition-focused vehicle and SPAC platform: governance, oversight, and execution of the business combination process; structuring of merger integrations; management of trust funds and related financing arrangements - Target screening and deal origination: identification of potential merger candidates across various industries; market intelligence collection; initial evaluation and screening of strategic fit - Due diligence and transaction support: financial, legal, and operational diligence coordination; coordination with advisors for valuation, structuring, and regulatory compliance - Financing and capital deployment services: management of funds raised at IPO; interfacing with financing partners for potential bridge or PIPE structures; equity issuance planning related to a future transaction - Post-merger integration planning: preliminary integration frameworks and strategic alignment activities to facilitate a smooth transition after a business combination Latest major company changes - Strategic extensions of business combination period and governance approvals to pursue a targeted merger, with multiple shareholder meetings authorizing extensions to extend the deadline for completing a transaction - Amendments to merger timeline and flexibility regarding potential targets, including adjustments to extend the redemption and liquidation horizons as part of ongoing pursuit of a suitable acquisition - Ongoing activities related to identifying and negotiating a business combination, with reports indicating active engagement in formulating deal terms and evaluating candidate targets Additional context - Industry and business segments: blank-check company/SPAC focused on identifying and executing a business combination; potential cross-industry targeting - Target markets or customer types: public investors seeking exits and sponsors seeking a merger partner; potential business targets across multiple sectors - Geographic operations: registered in the Cayman Islands; primary market engagement in the United States with focus on U.S.-listed SPAC considerations; operational focus includes investors and counterparties in North America - Founding year and headquarters: founded in 2021; headquarters in San Diego, California - Subsidiaries or parent relationships: operates as a standalone SPAC vehicle; may be affiliated with a sponsor group or parent special purpose entity through ownership and governance structures
Embrace Change Acquisition Corp. Receives Additional Staff Determination Notice from Nasdaq Related to Delayed Quarterly Report
Embrace Change Acquisition Corp. Receives Delisting Notice from Nasdaq and Plans to Request Hearing
Embrace Change Acquisition Corp. Receives Nasdaq Notice Regarding Late Form 10-Q Filing