SOAR Technology Acquisition Corp.

SOAR Technology Acquisition Corp.

FLYA-UN
SOAR Technology Acquisition Corp.US flagNew York Stock Exchange
10.37
USD
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No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
CEO
Jonathan Poulin
Sector
Financial Services
Industry
Shell Companies
Address
228 Park Avenue S PMB 74335 New York City NY United States of America 10003-1502
Business
SOAR Technology Acquisition Corp. (NYSE: FLYA-UN) is a blank check company whose purpose is to effect a merger, share exchange, asset acquisition, stock purchase, share purchase, reorganization, or similar initial business combination with one or more businesses, primarily targeting technology or tech-enabled companies in the United States or Canada valued between $1 billion and $5 billion; it offers no current products or operational services beyond holding IPO proceeds in trust for such a transaction. The company, founded in 2021 and headquartered at 228 Park Avenue S, PMB 74335, New York, NY, was sponsored by JPK Capital and led by Chairman and CEO Jonathan (Joe) Poulin, with backing from Inovia Growth Fund II. In December 2022, SOAR announced its liquidation and dissolution after failing to complete a business combination within the required timeframe, redeeming all outstanding Class A ordinary shares at approximately $10.42 per share and delisting from the NYSE; warrants expired worthless, marking the end of operations as a SPAC with no merger partner identified despite prior exclusivity discussions.