Accretion Acquisition Corp.
ENERU
NASDAQ Global Market10.55
USD
-0.04
- -
CIK
0001855555
ISIN
US00438Y2063
CUSIP
00438Y206
Return %
Stock
S&P500
1Y
4.77
26.53
3Y
4.46
76.60
5Y
4.46
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
- Brad Morse
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 240 Saint Paul Denver CO United States of America 80206
- IPO Date
- Oct 21, 2021
- CIK
- 0001855555
- Similar Companies
- Business
- Accretion Acquisition Corp. Accretion Acquisition Corp. (ENERU) operates as a blank check company whose sole purpose is to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities, with a focus on the energy industry, including upstream, water management, gas and vapor capture, energy transition systems, midstream, oil and gas-related software, commodity risk management, and oil and gas services; it offers no other products or services and conducts no independent operations. Founded in 2021 and headquartered in Denver, Colorado, the company targets businesses across global geographies but emphasizes the energy value chain. In December 2023, Accretion Acquisition Corp. announced the cancellation of its annual shareholder meeting, redeemed all outstanding public shares effective December 26, 2023, ceased operations except for winding up, and liquidated pursuant to its charter after failing to complete an initial business combination within the required timeframe, following the termination of a letter of intent with New Era Helium and heavy redemptions that depleted most of its trust from the $207 million upsized initial public offering in October 2021.