Global Consumer Acquisition Corp.
GACQW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001846288
Return %
Stock
S&P500
1Y
-98.34
26.53
3Y
-98.34
76.60
5Y
-98.34
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001846288
- Similar Companies
- Business
- Global Consumer Acquisition Corp. was established as a special purpose acquisition company (SPAC), a blank check entity formed with the explicit goal of engaging in a business combination such as a merger or asset acquisition. The company's strategic focus centered on identifying and acquiring operating businesses within the consumer products and services sectors, particularly those with a significant presence or growth potential in Asia and India. After its initial public offering in June 2021, Global Consumer Acquisition Corp. entered into agreements in December 2021 to acquire both GP Global Limited and Luminex Home Décor & Fragrance Holding Corporation. The intent was to combine these entities under the new name Ascense Brands Inc. and list them on Nasdaq. However, the acquisition of GP Global Limited was subsequently canceled due to an inability to secure the necessary financing. Consequently, Global Consumer Acquisition Corp. has since been liquidated, concluding its operations as a blank check company.