Evo Acquisition Corp.
EVOJ
NASDAQ Capital Market10.12
USD
-0.08
- -
CIK
0001834342
ISIN
US30052G1085
CUSIP
30052G108
Return %
Stock
S&P500
1Y
2.74
18.21
3Y
3.27
63.29
5Y
3.27
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
- Richard George Chisholm
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 10 Stateline Road Crystal Bay NV United States of America 89402
- IPO Date
- Apr 1, 2021
- CIK
- 0001834342
- Website
- evospac.com
- Similar Companies
- Business
- Evo Acquisition Corp. (NASDAQ: EVOJ) is a blank check company with no significant operations that focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting companies in the technology and financial sectors including those with a nexus to Japan; it offers no products or services beyond its special purpose acquisition structure. Incorporated in 2020 and headquartered in Crystal Bay, Nevada, the company conducted an upsized initial public offering in February 2021 raising $125 million in gross proceeds placed in trust. In October 2022, Evo entered a definitive business combination agreement with 20Cube Logistics Pte. Ltd., a Singapore-based software-enabled supply chain platform, valuing the combined entity at an implied enterprise value of $338 million with up to $135 million in net cash proceeds assuming no redemptions and a proposed $20 million convertible note; the agreement was mutually terminated in April 2023. Evo subsequently announced its intent to liquidate on or after May 8, 2023, redeeming all outstanding Class A common shares at approximately $10.13 per share after expenses, resulting in delisting from Nasdaq and termination of its reporting obligations with the SEC. The company conducted no further business combinations or major activities following the liquidation announcement.
SPAC Evo Acquisition Receives Noncompliance Letters From Nasdaq
20Cube Logistics to Present at LD Micro Main Event XV Conference on Wednesday, October 26, 2022