Equity Distribution Acquisition Corp.
EQD-UN
New York Stock Exchange9.98
USD
+0.01
- -
CIK
0001818221
Return %
Stock
S&P500
1Y
0.20
18.46
3Y
-3.48
64.72
5Y
-3.48
72.79
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Two North Riverside Plaza Chicago IL United States of America 60606
- IPO Date
- Sep 16, 2020
- CIK
- 0001818221
- Website
- equitydac.com
- Similar Companies
- Business
- Equity Distribution Acquisition Corp. (EQD-UN) is a blank check company whose principal business activity is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company focuses on target businesses in the North American industrial sector, including niche manufacturers, value-add distributors, services and solutions providers, and technology-enabled firms valued between $1 billion and $1.5 billion. Incorporated in 2020 and headquartered in Chicago, Illinois, Equity Distribution Acquisition Corp. has not conducted significant operations or generated revenue to date. Its sponsor, Equity Distribution Sponsor LLC, supports private placement warrants and potential working capital loans up to $1.5 million convertible into additional warrants. In August 2022, the company announced the redemption of all outstanding public shares of Class A common stock issued in its initial public offering, which had been upsized to $360 million in September 2020. The stock trades on the NYSE and has been marked as potentially delisted, with recent trading around $10 per share and a market capitalization of approximately $519 million as of mid-2025. Leadership includes CEO William A. Galvin, CFO Philip G. Tinkler, and directors such as Robert Grubbs, Ellen Havdala, and Charles Swoboda, operating from 2 North Riverside Plaza, Suite 600, Chicago. No recent mergers, acquisitions, partnerships, funding rounds, or new product launches have been completed within the last 1-2 years, reflecting its ongoing search for a suitable industrial target.