Accretion Acquisition Corp.
ENERW
NASDAQ Global Market0.00
USD
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Accretion Acquisition Corp.
ENERW
(NASDAQ Global Market)
Recent
price
0.00
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div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Accretion Acquisition Corp. (ENERW) 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, with a focus on targets in the energy value chain 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 has generated no revenues. Incorporated in 2021 and headquartered in Denver, Colorado, the company raised $180 million in its upsized initial public offering in October 2021, with units comprising common stock, rights, and warrants that began separate trading in December 2021. In late 2023, it canceled a non-binding letter of intent with New Era Helium, opted against a deadline extension for a business combination, redeemed all public shares effective December 26, 2023, ceased operations except for winding up, and proceeded to dissolve and liquidate, resulting in the delisting of its securities including warrants (ENERW); no further business combinations, acquisitions, or operational activities have occurred since liquidation.