Frontier Investment Corp
FICVU
NASDAQ Capital Market10.70
USD
+0.08
- -
CIK
0001855693
ISIN
KYG368161173
CUSIP
G36816117
Return %
Stock
S&P500
1Y
4.70
18.21
3Y
7.11
63.29
5Y
7.11
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
- Asar Mashkoor
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Tatnall Building Wilmington DE United States of America 19810
- IPO Date
- Jul 1, 2021
- CIK
- 0001855693
- Similar Companies
- Business
- Frontier Investment Corp (FICVU) is a blank check company, or special purpose acquisition company, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it has no significant current operations or revenue-generating activities. The company targets opportunities in the technology, digital media, e-commerce, financial technology, and digital services sectors across high-growth emerging markets including the Middle East, North Africa, Turkey, Sub-Saharan Africa, South and Southeast Asia. Incorporated in 2021 and headquartered at 3411 Silverside Road, Tatnall Building #104, Wilmington, Delaware, it raised $200 million in its initial public offering in July 2021 through 20 million units at $10 each on Nasdaq, underwritten by J.P. Morgan Securities LLC, with units comprising one Class A ordinary share and one-third of a warrant exercisable at $11.50; the sponsor is Frontier Disruption Capital LLC. In a major development, Frontier Investment announced in February 2024 its decision not to pursue an initial business combination, redeeming all public shares effective February 22, 2024, with shares cancelled thereafter to entitle holders solely to the redemption amount from trust proceeds, resulting in early liquidation ahead of its original July 2024 deadline and subsequent delisting from Nasdaq; as of late 2025, no merger materialized and the entity completed dissolution processes per regulatory filings.
Frontier Investment Corp Announces that its Ordinary Shares and Warrants to Commence Separate Trading on or about August 21, 2021